In the first 7 months, China's export of services increased by 9.5% year-on-year

From January to July this year, the total import and export volume of China's service trade reached 3.09 trillion yuan, an increase of 3.2% over the same period last year, of which the service export increased by 9.5% over the same period last year, and the deficit decreased significantly.

On the 19th, the 2009 Global Conference on Trade in Services, co-sponsored by the Research Institute of the Ministry of Commerce and the Nanjing Municipal Government, opened in Nanjing, as revealed by Vice Minister of Commerce Qian Keming at the opening ceremony. According to the definition of the World Trade Organization, trade in services can be divided into four modes: cross-border trade, overseas consumption, commercial existence and natural person flow. In recent years, Global trade in services has grown significantly faster than trade in goods, Chan said. In 2018, the total export volume of global service trade was 5.85 trillion US dollars, an increase of 7.7% over the same period of last year. According to added value statistics, service trade accounted for more than 40% of global trade. Looking forward to the future, with the progress of technology, especially the digital change led by new technologies such as artificial intelligence, big data and Internet of Things, the TradeAbility of services will be greatly improved, and the breadth and depth of trade and investment cooperation in the field of services will be broadened. Global trade in services will surpass trade in goods and become a global trade issue. Show a new engine. Qian Keming said.

According to the introduction, at present, China has carried out pilot construction of innovative development of trade in services in 17 regions, and encouraged pilot areas to carry out exploratory experiments in terms of institutional mechanisms, development models and promotion policies. From January to July this year, China's total import and export of services amounted to RMB 3.09 trillion, an increase of 3.2% over the same period last year. Among them, export of services increased by 9.5% over the same period last year, and the deficit decreased significantly. Knowledge-intensive trade in services with high added value and high technology content developed rapidly, reaching RMB 1.06 trillion, an increase of 10.9% over the same period last year, accounting for the total import and export of services. The proportion was 34.2%.

At the summit forum of the General Assembly, the Research Institute of the Ministry of Commerce issued the Report on the Development Index of Global Trade in Services 2019. The report shows that China's comprehensive development index of trade in services ranks 20th in the world and is the only developing country to enter the top 20.