Opportunities and Challenges for the Development of China’s Service Trade

Opportunities and Challenges for the Development of China's Service Trade

Since the international financial crisis, the global market downturn, international trade and global development environment tends to be grim, countries are looking for new economic growth point. In this context, trade in services has become more and more attention, become the focus of international economic competition and cooperation hot spots. At present and in the future, the development of trade in services is faced with both major external opportunities and many challenges. We must firmly grasp the international and domestic strategic opportunities, formulate appropriate development strategies and promote the rapid development of trade in services.

Trade in services refers to cross-border transactions of services. Over the past 20 years, with the deepening of economic globalization and the extensive application of information technology, the degree of trade can be continuously improved, the rapid development of trade in services. It is an important content of China’s foreign trade transformation and upgrading. At the same time, it is also a major strategy for transforming the mode of economic development and promoting the optimization and upgrading of economic structure. At the same time, it is also an important part of China’s foreign trade transformation and upgrading significance.

First, enhance the international competitiveness of the service industry. To further expand the service market to the outside world, to promote the field of service reform, strengthen the service market competition, enhance the international competitiveness of the service industry. Second, build a service export base. According to the characteristics of different types of services, and actively explore and create a service export base, the formation of export service industry cluster. At present, the service outsourcing base of urban construction has achieved initial results, should be summed up in time to experience, to promote, while efforts to solve the existing problems, and further enhance the competitiveness of service outsourcing base. In addition, we must build international financial center, international tourism center, etc., to explore the establishment of international conference center city, international health service center city, international education center city, through the improvement of infrastructure, build brand, the formation of industrial clusters. Once again, cultivate the international competitiveness of the leading service enterprises. Not only to introduce international well-known service enterprises to invest in China, to bring services exports, but also efforts to cultivate the leading enterprises in the service industry, to create international service brands. At the same time, we must also strengthen the protection of intellectual property and information security; by increasing personnel training, improve the quality of human resources; to create trade promotion platform to explore the construction of trade services for the requirements of trade promotion mechanism.

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