(Source: CCTV 2025-11-02)
Five years ago, no one would have imagined that a small original Chinese doll would be sought after by countless people overseas, and that a domestic trendy product would become a global hit. What is even more surprising is that the Chinese trendy toys represented by it are becoming a new bright spot in my country's foreign w88 exports. Data released by the General Administration of Customs shows that in the first three quarters of 2025, my country’s exports of holiday supplies, dolls, and animal-shaped toys exceeded 50 billion yuan, and were sold to more than 200 countries and regions around the world. In Yiwu, the drums of war for the 2026 US-Canada-Mexico World Cup have not yet sounded, but Yiwu manufacturing has taken the lead in breaking into the global market. According to Yiwu Customs statistics, in the first seven months of 2025, Yiwu's sporting goods and equipment exports totaled 6.78 billion yuan, a year-on-year increase of 16.8%. Among them, exports of sporting goods to the United States, Canada, Mexico and other places increased by 10%.
During the "14th Five-Year Plan" period, in a complex international environment, my country's foreign w88 delivered a high-quality, high-quality and resilient answer. Among them, the scale of w88 in goods has ranked first in the world for eight consecutive years, and the scale of w88 in services has exceeded US$1 trillion for the first time, ranking second in the world. Exports of the "three new products" represented by electric vehicles, lithium batteries, and photovoltaic products are booming, and new business formats represented by cross-border e-commerce have become new engines for foreign w88 growth. Today, our country has become a major trading partner of more than 150 countries and regions. Our circle of friends is getting larger and larger, and the road to diversified foreign w88 is getting wider and wider. During the "14th Five-Year Plan" period, why was my country's foreign w88 able to withstand pressure and rise against the trend? What institutional and industrial advantages does the resilience and vitality of foreign w88 demonstrate? Looking forward to the development of foreign w88 in the "15th Five-Year Plan", how to further promote the new pattern of open cooperation and contribute to the stable development of the global economy? China Economic Lecture Hall Special InvitationZhao Zhongxiu, President of w88 casinoAn in-depth explanation for you.
Zhao Zhongxiu:Hello everyone, I am very happy to come to the China Economic Lecture Hall. I am Zhao Zhongxiu from the w88 casino.
Narration: (Zhao Zhongxiu)President of the w88 casino, leader of the national key discipline of international w88. He has long been engaged in international w88, industrial economics, and global value chain research, and has achieved outstanding scientific research results in related fields. He currently serves as the Chairman of the Teaching Steering Committee for Economics and w88 Majors in Colleges and Universities of the Ministry of Education and Vice President of the China World Economics Association.
Zhao Zhongxiu:Reviewing the 14th Five-Year Plan, my country’s foreign w88 development has made great achievements. In terms of total volume, we have continuously exceeded US$5 trillion and US$6 trillion. Compared with the past 10 years, our foreign w88 has increased by 50%, so our share of the global market has reached 14.5%. What is this concept? This is the highest proportion of global market share held by a single country since the 1960s. And, we also see that this growth trend will continue. my country's achievements in foreign w88 development during the "14th Five-Year Plan" period can be summarized in three words: big, strong and resilient, and its status as a major trading country has been further consolidated.

The pace of building a w88 power has accelerated, and the resilience and ability to withstand shocks in foreign w88 have been significantly improved. How to describe this greatness? First, let’s take a look at the scale of w88 in goods. The scale of our w88 in goods continues to expand. From more than US$4 trillion at the end of the 13th Five-Year Plan, by 2024, the scale of our w88 in goods reached US$6.16 trillion, an increase of 32.4%, ranking first in the world for eight consecutive years. Well, we know that the growth of global w88 in goods has entered a period of slow speed. In such a large environment, we have been able to achieve a cumulative growth of 32.4% in five years, which is rare in the world, especially for an economy as large as ours, both exports and imports have achieved considerable development.
In the past five years, the external environment we have faced has actually been tightening. Even under such circumstances, through our market diversification strategy, we have used other markets to hedge against the pressure caused by the markets of some developed countries. Therefore, the scale of our foreign w88 exports is stable at more than 14%. For example, in 2024, it will reach 14.6%. So in the first three quarters of this year, we still maintained a growth rate of 6.1%. It can be expected that our global share will continue to rise.
Also, let’s see,Import usAlwaysMaintain global proportionofMore than 10%. China is the second largest import market in the world. In 2021, our import scale will reach 11.9%. By 2024, we have been stable at 10.5% in the past three years. It is such a market. In other words, 1/10 of the world's market is actually provided by China. Therefore, our Chinese market has brought such development opportunities to the world and can be said to be a stabilizing force. Our w88 in goods, especially bulk commodities, whether it is energy, mineral products, or agricultural products, China is a major trading country in the world. In this energy w88, China now occupies 1/4 of the global market. For agricultural products, such as the import of soybeans, our import of key mineral products, such as iron ore, actually has an important impact on the world market. We have gradually transformed our market advantage into an advantage in the reconstruction of international economic and w88 rules. We must firmly serve as a promoter and builder of multilateral rules. This is also a responsibility of China as we enter a new stage of opening up.
Let’s look at service w88. In 2024, the scale of my country’s service w88 will exceed one trillion US dollars for the first time, ranking second in the world. Since we have service w88 statistics in 1982, our service w88 volume was US$4.7 billion. Today it exceeds US$1 trillion, an increase of 220 times. From 2020 to 2024, our total service w88 increased from US$661.7 billion to US$1,056.5 billion, an increase of 59.7%. In the first eight months of this year, our total import and export of services w88 reached US$736.7 billion, a year-on-year increase of 6.5%. So this is also among the best in the growth rate of import and export of services w88 in the world. It also reflects that the competitiveness of our service industry exports is constantly rising, especially the share of digitally delivered service w88 that is increasing. Judging from the development scale and development results of our w88 in goods and w88 in services over the past five years, we can say that China's status as a major trading country has been consolidated. Whether it is the scale, growth rate, or the diversification of our market, it is a true reflection.

Narration:In London, England, in recent years, Chinese-made new energy buses have become a common sight driving in the streets and alleys on both sides of the Thames River. In 2024, my country's automobile export volume will exceed 6 million vehicles for the first time, and the export of new energy vehicles will grow rapidly, driving China's automobile exports to rank first in the world for the first time, becoming a bright business card of China's manufacturing. In the Suez Economic and w88 Cooperation Zone in Egypt, a super textile factory invested and built by a Zhejiang company took only 15 months to complete from construction to production, turning it into a full-chain production line from raw materials to ready-made garments. The annual output reaches 5 million pieces of ready-made garments, becoming the epitome of China's manufacturing overseas layout. During the "14th Five-Year Plan" period, the new content of my country's foreign w88 has continued to increase, and the proportion of exports of technology-intensive and high-value-added high-tech products has steadily increased, demonstrating the gorgeous transformation from Made in China to Made in China Intelligent. The technologies, services and models exported by China's foreign w88 innovation are building a more stable and efficient collaboration network for the global economy. During the "14th Five-Year Plan" period, in what aspects is the strength of my country's foreign w88 reflected? In addition to the outstanding performance of w88 in goods, what other eye-catching innovation highlights have emerged in the fields of w88 in services and digital w88? The China Economic Lecture continues to be exciting.
Zhao Zhongxiu:The pace of building our w88 power has been accelerating in the past five years, which reflects the word "strong". A w88 power has three pillars, w88 in goods, w88 in services, and digital w88. First of all, in the field of goods w88, it is the continuous optimization of this product structure. To put it figuratively, its gold content and novelty content are rising. Gold means that the proportion of its value added is rising, so it is not traditional w88, but w88 represented by new high-tech mechanical and electrical products; so new, it represents w88 in fields such as new energy and new technologies. In 2024, the proportion of high-tech product exports in China's w88 in goods will reach 18.2%. Its products in the equipment manufacturing industry have become an absolute main force. In the first half of this year, in the first five months, the export value reached 6.22 trillion yuan, accounting for 58.3% of our entire exports. Here, the export of new products that are high-tech, high value-added, and lead the green transformation, such as industrial robots, electric vehicles, ships, and construction machinery, has grown significantly. It can be said that it leads China’s exports. This important weapon of a big country, like our C909, is our original short- and medium-range regional aircraft, so we have now developed the ability to export to the international market.
The other one is our C919, a mainline aircraft that is now commercialized. I have flown on a C919 once and it felt really good. The seats are very spacious. The aisle in the middle is also very wide. Moreover, the comfort level during takeoff and landing is very, very impressive. Well, our market in China is so big, and our supporting capabilities are constantly increasing. Such mainline aircraft and regional aircraft, which represent a country's industrial level, have become a true reflection of the strength of our manufacturing power. China's current industrial manufacturing capacity has exceeded 30% of the world's. This is the confidence and foundation for upgrading our w88 structure. The past five years have also been five years of innovation and development for us, a new format of foreign w88, and its potential has been continuously released. Here, we have to say that the scale of cross-border e-commerce will reach 2.7 trillion yuan in import and export in 2024, an increase of 67% compared with 2020. In the first three quarters of this year, we know that the external environment is not good, and we still achieved a growth rate of 6.4%, which is actually almost synchronized with the export of goods. So we see that it is actually this kind of cross-border e-commerce that is constantly innovating, and then constantly promoting such an innovation of such a new business format, new form, and new model, that can make development continue to move towards this high quality.

Here, I can share another example with you. This summer, I went to Yiwu, Zhejiang Province, to experience the most dynamic and innovative small commodity market and feel its pulse. Yiwu is a small commodity market. The commodities are small, but the market is very big. In the past, you had to visit stalls one by one. So if a businessman, as a trader, wants to select goods, how long will it take if you visit all the stalls? You can’t finish shopping in a year. Recently, the Yiwu Global Digital w88 Center officially opened. This is the sixth generation upgrade. As we know, from the traditional hawker walking in the streets to today, it has formed a global digital w88 center. What are you looking for today? You go to his website, go a little bit, and he takes you directly to this digital shopping mall. How do you want to communicate? Then you may have language barriers, so now, there are more than 30 languages for you to choose from for timely communication. So why is it displayed like this? Just like a live broadcast now, it can be displayed directly. As an overseas customer, you may not necessarily come to Yiwu, but through this online, you can access millions of products and have an accurate search. This is thanks to AI and technology. Then you can set a lot of criteria and it will quickly focus on what you need.
Then you can also understand how this product is produced and what its supply chain is like. Therefore, when you go to the global data center in Yiwu, you can feel what the future world will look like. It can be said that the Yiwu Global Digital w88 Center is centered on digital w88 such as cross-border e-commerce and leads the global small commodity w88. This is a new generation of market complex with a new trend. It does not lie in the size of the physical space, but in the size of the global market it connects through digitization. This is also a typical scene of the development of our digital w88. This reflects our strength. This is a small commodity.
Then let’s take a look at the so-called big scene and big commodities, the Shanghai Hongqiao Imported Commodity Exhibition and Trading Center. This, also known as Hongqiao Pinhui, is the main platform that undertakes and amplifies the spillover effect of the entire China International Import Expo. Because of the expo's exhibition period, this exhibition period is limited, so it may end. So how does it not end? We have seen that through e-commerce, it is also one of the first demonstration bases for live broadcast e-commerce in Shanghai. During the "14th Five-Year Plan" period in the past five years, its transaction volume has ranged from 0 to 50 billion, which is such a scale. Then during the next "15th Five-Year Plan" period, it will take another five years to double again, reaching a scale of 100 billion. This is a true portrayal of the w88 upgrade of a powerful country. In service w88, our w88 structure is constantly upgrading, and the degree of openness is also constantly deepening. Let’s look at a number. In 2024, my country’s import and export of knowledge-intensive service w88 will reach 2.9 trillion yuan. This is an increase of 38% compared with 2020, which means that the service w88 that can be delivered digitally has increased by 38%, and the speed is still very amazing.
Breaking it down further, the export of cultural and entertainment services also showed rapid growth, increasing by 39.3%. What is particularly worth mentioning here is that this digital cultural export has suddenly emerged. The so-called "three new things" of this culture overseas include our online film and television drama. Online games and online literature have emerged in the past. In recent years, it can be said that they have suddenly emerged because Chinese culture has been deeply loved by people from all over the world. This is a world-class IP and a world-class cultural phenomenon. You may still have the impression that at the beginning of this year, movies like Our Nezha had a box office performance during the National Day, and it was like Black Myth Wukong, which was loved by people. The impression of China is no longer just about pandas, Nezha and Wukong, but actually a new image. This is a portrayal of the rapid development of our cultural w88. We have also seen that with the application of AI, China's exports are also growing significantly, whether in telecommunications services or computer services. This kind of AI has a direct driving effect on the business ecosystem, our office conditions, and our research and development design, etc. In this context, it is commendable that our digital w88 can achieve an increase of 40% as an increment.
This also represents the correct direction of structural optimization. It also illustrates from one side that the international competitiveness of our entire digital w88 is constantly improving. This is a new bright spot in development, and this bright spot has become a trend. Therefore, we need to seize the development of digitalization, or we talk about the express train of digitalization, which is an industrial advantage and manufacturing advantage formed by us in China. Driven the overseas expansion of our services.
Narration:Smart projectors have successfully conquered overseas families with their algorithm optimization and excellent image quality. Sweeping robots rely on laser navigation, automatic integration and water supply and drainage functions to firmly occupy the forefront of the global market share. From ships and construction machinery to smartphones and small household appliances, more and more Chinese products have gained a large number of die-hard fans around the world with their innovative breakthroughs and technological advantages. At the same time, my country has maintained its position as the world's second largest importer for 16 consecutive years. Specialty fruits such as Thai durian, Vietnamese dragon fruit, and New Zealand kiwi fruit have greatly enriched the fruit basket of Chinese consumers. Faced with multiple pressures during the "14th Five-Year Plan" period, my country's foreign w88 did not stall due to the impact. Instead, it opened the country more widely, continuously promoted w88 facilitation, and carried out diversified layouts on a global scale.
Today, my country has become the top three trading partners of 157 countries and regions, with 61 partners with a w88 scale exceeding 50 billion yuan. The proportion of w88 with countries co-building the "Belt and Road" has exceeded 50%. The average annual growth rate of imports and exports in emerging markets such as ASEAN, Latin America, and Africa has exceeded 10%. The diversified layout is like installing a stabilizer for foreign w88, effectively hedging the risks of a single market, allowing countries to obtain stable supply chain support in their economic and w88 exchanges with China, and ensuring the supply of global goods and services. During the "14th Five-Year Plan" period, what other effective measures will my country take to improve the resilience of foreign w88 and ensure economic and w88 security? How can these measures further promote the stability and smoothness of global industrial and supply chains? The China Economic Lecture continues to be exciting.
Zhao Zhongxiu:In the past five years, China's economic development has faced such an internal and external environment that everyone can relate to. The giant ship of China's economic development is not that a light boat has passed through ten thousand mountains, but that this giant ship is passing through such a kind of ten thousand mountains. In this process, China's foreign w88 has demonstrated this resilience. The impact resistance it exhibits is remarkable. First of all, it is our trading partner. In fact, there is a clear plan in the resolution of the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China. Because we fully foresee such a change in the external development environment. We actively optimize the international market layout and make our trading partners more diversified.
ASEAN is our close neighbor. It has been China's largest trading partner for five consecutive years, and the total w88 volume between China and ASEAN has continued to grow. In addition, in 2024, the proportion of our w88 with the countries co-building the "Belt and Road" is constantly rising. In 2024, it has exceeded 50%. This proportion has increased from 35% to 50%. In the first three quarters of this year, this proportion will further increase to 51.7%, which means that the entire share will increase by nearly two percentage points. Comparing exports to the United States from 2020 to 2024, the proportion of our total exports dropped from 17.4% to 14.7%. During the same period, the proportion of our exports to the countries co-constructed by the "Belt and Road" increased from 30.3% to 48%. For ASEAN, we have also increased from 14.8% to 16.4%. Therefore, the strategy of diversifying this market has achieved obvious results.
How to proactively implement market diversification? In this regard, in fact, China has many particularly effective practices, such as the Alashankou Port, which is a strategic hub that ensures the efficient and smooth flow of China-Europe-Central Asia trains and drives the upgrading of foreign w88. We all know about the China-Europe freight train, which has rewritten the economic geography of world w88 and increased the share of global freight transportation by rail from 2% to 8%, a four-fold increase. Well, the China-Europe freight train customs clearance time is the shortest. We have shortened it to four hours. For example, the China-Europe freight train that passes through the Alashan Pass has now reached 124, so a widespread China-Europe freight train network has been formed. China-Europe freight trains currently transport more than 200 types of goods, such as the New Western Land-Sea Corridor. For example, our typical city Chongqing has the Yangtze River Waterway and the southbound New Land-Sea Corridor. Including the Chongqing-Xinjiang European Union to the west, this is on land, water, and in the air. Therefore, a three-dimensional interconnected network has been formed, which promotes such a facilitation and liberalization of w88 and investment. This is a profound epitome of China’s continued expansion of opening up to the outside world and deepening of international cooperation.

During the past "14th Five-Year Plan" period, our ability to cope with this impact, that is, how to reflect our resilience. The good news is that in the past five years, our production and supply chain has become more stable and resilient. my country now has 41 major industrial categories, 207 medium industrial categories and 666 small industrial categories. So among the 500 major industrial products in the world, for more than 40% of them, China's output ranks first in the world. my country's manufacturing output accounts for more than 30% of the world's total, and this proportion will rise in the foreseeable future. Maybe it will be 40% or even 45%. So this is our production and supply chain, which is becoming more complete. Then, this becomes the cornerstone for firmly safeguarding economic and w88 security.
In addition, in terms of coordinating development and security, we are also pleased to see that in China's foreign w88, especially in exports, private enterprises are the main force. Its contribution exceeds 65%. This private enterprise has strong innovation capabilities and is very sensitive to market changes. Whether faced with tariff barriers or non-tariff barriers, they will actively innovate and adapt to changes.
There are also import expos like this, the Guangdong Import and Export Fair, the Beijing Service w88 Fair, and now the Zhejiang Digital w88 Fair, the Digital w88 Fair, these are all national-level economic and w88 exhibitions. At the same time, this is a stabilizing force and a promoting force in promoting the development of international economic and w88.

Narration:At the Shanghai National Convention and Exhibition Center, preparations for the 8th China International Import Expo are in full swing. Since its opening in 2018, my country has successfully held seven CIIEs. Now, the CIIE has become a mutual agreement between the world and China, and an international public good shared by the world. In the past seven years, the CIIE has attracted a total of 23,000 overseas exhibitors, and the transaction results have been constantly refreshed. The seventh CIIE, in particular, brought together nearly 3,500 companies from 129 countries and regions, including 297 Fortune 500 companies and industry leading companies, a record high, demonstrating the lasting confidence of global companies in the Chinese market.
This national exhibition with the theme of import has written a vivid answer to development and integration with seven years of practice, and has become a vivid footnote to the development of China's foreign w88 empowerment. As one of the "troika" of economic growth, foreign w88 is not only the ballast stone of our country's economy, but also the stabilizer of the world economy. Through continuous optimization of layout, innovation and upgrading, my country will share ultra-large-scale market opportunities with the world, achieve win-win results through open cooperation, increase certainty for the stability of global industrial chains and supply chains, and inject lasting Chinese power into the recovery of the world economy. In the face of an increasingly volatile external environment, how can my country's foreign w88 continue to provide strong support for the stability of the global industrial chain, supply chain and economic recovery? The China Economic Lecture continues to be exciting.
Zhao Zhongxiu:Foreign w88 is an important component of my country's new higher-level open economic system, and it is an important driving force for economic and social development. It is also a key hub for our smooth domestic and international dual circulation. For China, foreign w88 is an important force that promotes the steady progress and improvement of China's economy. Therefore, it is also the ballast stone for economic development. Last year, our total w88 in goods and services, import and export, contributed 30.3% to our economic growth, and it drove 1.5 percentage points of GDP growth. In other words, 1.5 points of our 5% growth was brought about by the net growth of w88. Our w88 has continued to grow over the past five years and its contribution is very strong. Therefore, our expectations for his contribution to the entire Chinese economy should be great. What contribution has China's foreign w88 made to the world? First of all, let's talk about imports. Because of China's huge import demand, goods account for 10.5% of the world's goods, so the demand for our services is also very large, so it provides a strong impetus for global economic recovery. Behind China's foreign w88 is China's strong manufacturing capabilities. Our industrial output now accounts for 30% of the world's.
The organizational efficiency of manufacturing in China is very high, and it has continuously supplied cheap and high-quality products to the world. Consumers can buy Chinese products at very cheap prices and enjoy a high-quality life. Therefore, China's foreign w88 actually makes a positive contribution to suppressing inflation of our major trading partners, especially those developed countries. If there were no Chinese foreign w88 and we did not export, he would have to look for substitutes from other sources. Can this substitute be delivered in sufficient quantity and can its quality be guaranteed? Can its color and variety meet such needs? I can say the answer is no. This is because our production system in China has a strong ability of self-innovation and self-iteration. It should be said that this is China's contribution.
Here, I can also give a simple example. The w88 war blocks the normal channels of the production and supply chain, which will lead to an increase in costs. So in the end, consumers actually pay for this increase in costs. A friend of mine came to Beijing from Princeton in the United States. When we met and chatted, he told me, he said, a few years ago, how much did it cost to buy a fried dough stick in a Chinese restaurant? It's $0.79. How much does a fried dough stick cost in this Chinese restaurant now? 3 yuan and 9 cents. In other words, $4 buys a fried dough stick. Eating a fried dough stick for 30 yuan is one of the consequences of the w88 war. People pay the bill, and the supply chain is interrupted and has to be replaced with higher supply. It has greatly lost efficiency. Therefore, if China continues to promote the development of foreign w88, it will also be a positive contribution to the world.

Narration:The just-concluded Fourth Plenary Session of the 20th Central Committee of the Communist Party of China proposed the main goals for my country's economic and social development during the "15th Five-Year Plan" period, which emphasized the need to expand high-level opening up to the outside world and create a new situation of win-win cooperation. The plenary session pointed out that we must steadily expand institutional openness, maintain the multilateral trading system, expand international circulation, promote reform and development through openness, and share opportunities and common development with other countries in the world. At the same time, it emphasized the need to actively expand independent opening up, promote innovative development of w88, expand two-way investment and cooperation space, and jointly build the "Belt and Road" with high quality. These arrangements have pointed out the direction for my country's foreign w88 development in the next five years. During the "15th Five-Year Plan" period, my country's development environment is facing profound and complex changes. It is in a period when strategic opportunities and risks and challenges coexist, and uncertain and unpredictable factors are increasing. During this critical period, my country's foreign w88 will also enter a new stage of development. Facing new opportunities and challenges, how can my country's foreign w88 better shape its competitiveness and achieve high-quality development in the next five years?

Zhao Zhongxiu:Looking back on the 14th Five-Year Plan, China’s foreign w88 has achieved brilliant results. Looking to the future, the "15th Five-Year Plan" period is an important period for our country to move from a large trading country to a powerful trading country. We must thoroughly study and implement the spirit of the Fourth Plenary Session of the 20th Central Committee of the Party, because the Fourth Plenary Session of the 20th Central Committee of the Party made a comprehensive plan for the "15th Five-Year Plan". We must strengthen institutional and policy support, continuously consolidate the three pillars of w88 in goods, w88 in services, and digital w88, and accelerate the construction of a powerful trading nation. Judging from the upgrade of goods w88, first of all, market diversification must be further promoted. It should be said that we are facing a complicated domestic and international situation during the "14th Five-Year Plan" period.
Predictably, in"15th Five-Year Plan"During this period, uncertainty in the external environment still exists, and it cannot be ruled out that this possibility will be further increased. Therefore, we must consolidate and improve economic and w88 cooperation with neighboring countries, especially with Latin America, Africa, the Middle East and other regions. During the "14th Five-Year Plan" period, we have already seen the prospects for development in these regions, because in these markets, some of our growth rates are double digits, or even 203%. So what does this mean? This prospect is good. The foundation in the past is not big enough or strong enough. Therefore, based on the good foundation formed during the "14th Five-Year Plan", we must strengthen economic and w88 cooperation with Latin America, Africa, the Middle East and other regions to further promote market diversification.
On the other hand, we must take the initiative to expand imports, especially optimize the origin and import structure of our imports to expand the import of high-quality consumer goods, because this is also a fundamental requirement to meet the people's yearning for a better life. In addition, we must turn the import of energy resources and important agricultural products into high-quality industrial products that can be provided to the world through our strong domestic production and processing capabilities while ensuring the security and stability of supply sources; in terms of innovative service w88 development, we must optimize the import and export structure of service w88.
Especially, it is to promote the export of knowledge-intensive services. In this regard, China has advantages and potential, but this potential has not yet been fully realized. On the other hand, exports of some services with distinctive Chinese cultural characteristics must also be increased. For example, our traditional Chinese medicine, including our food culture, including China's traditional culture, let's talk about the digital network, including the current film and television short dramas. In this regard, the advantages are actually quite obvious. Everyone is familiar with short videos. In fact, it is also a new field now, attracting a lot of investment. So how can we expand Chinese culture and China's claims to the world? This is a new form of cultural w88, and it also has great potential.
Another one is that we need to promote further opening up in fields such as telecommunications, the Internet, education, culture, and medical care. In fact, China still has great potential in financial services and other professional services, including culture, education, and medical care. That is, we must make these areas bigger and stronger. Therefore, the development of our entire service w88 can reach a higher level in terms of scale. In our free w88 pilot zones and our free w88 ports, experiments have been carried out to try out how to expand opening up, especially to expand institutional opening up. This is the focus of our next policy.
In terms of developing digital w88, especially the cross-border flow of data, it connects development and security. Therefore, it is necessary to promote the opening up of digital w88 in an orderly manner and establish an efficient, convenient and safe cross-border data flow mechanism. In this regard, it should be said that it is still in an exploratory stage. This is an important topic. In this regard, it is necessary to strengthen the construction of the national digital service w88 export base and create a national digital w88 demonstration zone. Past experience has proved that the construction of these demonstration areas has served as a good demonstration and can sum up experience in a timely manner. Moreover, in this demonstration area, a high level of export capabilities has been gathered.
The other is that we must actively develop digital product w88, continue to optimize digital service w88, and steadily promote digital technology w88. In these aspects, there is actually a lot of room. We must continue to hold our CIIE, Canton Fair, Digital Expo, etc., and strive to improve the level of internationalization and professionalism. Give greater support to the development of new business formats and new models such as cross-border e-commerce and overseas warehouses. In particular, we must support and encourage them to continue to innovate and better combine technological progress, technological iterations and changes in regulatory methods.

Looking back on the 14th Five-Year Plan, China’s foreign w88 has made brilliant achievements, which reflects its largeness, strength and resilience. Looking forward to the "15th Five-Year Plan", China's foreign w88 will make greater progress in the development of the three pillars of w88 in goods, w88 in services and digital w88. Our policy support system will be more complete. As an important engine of Chinese-style modernization, China's foreign w88 will surely achieve greater development, and the future is promising. Thank you all.
Original video link attached:https://w.yangshipin.cn/video?type=0&vid=a000099g2gw&cid=iot8fesw13530n9&ptag=4_3.2.0.23707_wxf