China International Trade in Services Fair Global Summit held in 2019

The Global Service Trade Summit of China International Trade in Services Fair was held in Beijing on 28th. Hu Chunhua, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, attended the summit and delivered a keynote speech. Cai Qi, member of the Political Bureau of the CPC Central Committee and Secretary of the Beijing Municipal Party Committee, read out President Xi Jinping's congratulations at the summit.

Hu Chunhua pointed out that President Xi Jinping's congratulatory letter profoundly expounded the broad prospects and great potential of the development of trade in services, and issued an initiative to the international community to jointly promote the prosperity and development of Global trade in services and the direction of world economic development, which will certainly play an important role in guiding and promoting international cooperation in trade in services.

Hu Chunhua stressed that the Chinese government has taken accelerating the development of modern service industry and expanding the opening up of service industry as an important part of deepening structural reform on the supply side and promoting high-level opening up, so as to make positive progress in the development of service industry and service trade. China is willing to work with all parties to actively promote cooperation in trade in services under the "one belt and one way" framework, further expand the opening of services, create a favorable market environment for development, foster and make good use of the platform for international exchanges and cooperation, and continuously inject new momentum into world economic growth. A series of measures to expand China's opening up are speeding up, and new breakthroughs have been made in various fields, including services. China will further reduce the negative list of foreign investment access, implement a high-level policy of trade and investment liberalization and facilitation, formulate supporting laws and regulations for foreign investment and implement detailed rules, and create an international first-class service industry development environment.