(Source: Guoshi Wangwang 2024-08-22)
Following policy support for service consumption, service w88 is seeing good times again. On August 19, Premier Li Qiang chaired an executive meeting of the State Council, which reviewed and approved the "Opinions on Promoting High-Quality Development of w88 in Services through High-level Openness" (hereinafter referred to as the "Opinions"), and proposed to further relax foreign investment access and expedite the opening up of telecommunications, education, medical and other service fields.
Experts pointed out that my country's service w88 has developed rapidly, but its proportion in the entire w88 is still low and the w88 deficit is still large. The development potential of service w88 is huge. In the future, our country should also use the negative list model to improve the level of liberalization and facilitation of service w88, and make all-round preparations at the industrial and technical levels for the future opening of telecommunications, education, medical and other service fields.
The scale of my country’s service w88 has ranked second in the world for many consecutive years
Since this year, the development of my country’s service w88 has accelerated. According to statistics from the Ministry of Commerce, in the first half of 2024, my country's service w88 continued to grow rapidly, with the total service import and export volume reaching 3.59803 billion yuan, a year-on-year increase of 14%. Among them, travel services are growing rapidly. In the first half of the year, the import and export of travel services was 961.71 billion yuan, an increase of 47.7%, making it the largest area of service w88.
Analysts believe that this is mainly due to China's strengthening of policy support for the tourism industry, including more countries in the "visa-free circle of friends", the 144-hour transit visa-free policy to promote the "convenience" of foreigners, and the continuous increase in the number of foreign tourists entering the country, promoting the growth of travel service exports. Liu Haitao, deputy director of the National Immigration Administration, said that from January to July this year, 17.254 million foreigners entered the country at various ports, a year-on-year increase of 129.9%. 846,000 port visas were issued, a year-on-year increase of 182.9%.
In fact, in recent years, the scale of my country’s service w88 has continued to increase, becoming a new growth point for the economy. In 2014, my country's total service import and export volume reached US$604.3 billion, ranking second in the world, achieving a historic leap and maintaining this position for nine consecutive years.
Zhou Nianli, a professor at the National (Beijing) Institute for Opening-up at the w88 casino and the China WTO Research Institute, said that in recent years, my country's service w88 has developed rapidly. Not only has its scale continued to rise, but it has also achieved comparative advantages in certain subdivisions such as satellite communications, digital services and other related fields. The scale and proportion of knowledge-intensive services have continued to increase, but there are still some problems.
She added that overall, my country's service w88 accounts for only 15% of international w88, and the service industry accounts for just over 50% of GDP. In addition, in my country's service w88, imports are greater than exports, and the w88 deficit is still large. “This all shows that the volume and scale of my country’s services w88 still needs to be improved, and that my country’s services w88 has huge growth potential.”
The World Bank’s latest annual assessment of China also reveals that China’s service industry has huge development potential and is waiting to be further tapped. Although the proportion of China's service industry in the total economy has increased to slightly more than 50% in recent years, it is still far below the average level of about 75% in developed economies.
In fact, as my country's service industry plays an increasingly important role in the national economy, the central government attaches great importance to the development of service w88. Following the State Council's "Opinions on Promoting the High-Quality Development of Service Consumption" on August 3, the State Council's executive meeting on August 19 reviewed and approved important documents on w88 in services, which attracted attention. The meeting pointed out that accelerating the development of service w88 is an inevitable requirement for expanding high-level opening up to the outside world and cultivating new momentum for foreign w88 development.
Li Jun, director of the International Services w88 Research Institute of the Ministry of Commerce Research Institute, said that the service industry and service w88 are two sides of one body, mutual promotion and mutual synergy. The review and adoption of the "Opinions" shows that my country regards service w88 as an important indicator of the effectiveness of the opening up of the service industry, and the opening up of the service industry is also the engine and driving force for the development of service w88, that is, opening up promotes development, reform, and innovation.
Zhou Nianli introduced that expanding openness in the field of international w88 mainly involves two dimensions, namely w88 in goods and w88 in services. Currently, the degree of openness in w88 in goods is already very high, and a lot of substantial progress has been made in the opening up of w88 in services. "In the future, the focus of expanding the opening up of service w88 will also be placed on some more important and sensitive areas, such as medical care, telecommunications, finance and other fields."
Comprehensive implementation of the negative list for cross-border w88 in services
In recent years, the "negative list system" has witnessed our country's continuous promotion of high-level opening up. This State Council meeting also proposed that we should improve the level of liberalization and facilitation of service w88, fully implement the negative list of cross-border service w88, promote comprehensive pilot demonstrations of expanding the opening of the service industry, and promote the cross-border flow of talent, capital, technological achievements, data and other resource elements.
On March 22 this year, the Ministry of Commerce issued the "Special Management Measures for Cross-Border Services w88 (Negative List)" (2024 Edition) and the "Special Management Measures for Cross-Border Services w88 in Pilot Free w88 Zones (Negative List)" (2024 Edition), which will come into effect on April 21, 2024. As early as 2021, my country released the "Special Management Measures for Cross-Border Services w88 in Hainan Free w88 Port (Negative List) (2021 Edition)" to be piloted in multiple service fields.
Among them, there are 71 items in the national version of the negative list for cross-border service w88. For the first time, a negative list management system for cross-border service w88 has been established nationwide, clarifying the "baseline" for cross-border service w88 access. There are 68 items in the free w88 pilot zone version of the negative list for cross-border w88 in services, and open arrangements have been made in the fields of natural persons’ professional qualifications, professional services, finance, culture and other fields.
Li Jun said that the full implementation of the negative list for cross-border services w88 marks that my country’s full range of service w88 has implemented the negative list opening model, and that my country’s service w88 openness has reached a new level. The negative list for cross-border services w88, especially the free w88 pilot zone version and the free w88 port version, has made some bold attempts to promote the liberalization of service w88 and expand the opening of service w88.
"Through the negative list, we have listed the restrictive measures on service w88 on a list, so that foreign-invested enterprises can clearly understand China's current level of openness in cross-border service w88, which is conducive to foreign businessmen carrying out service w88 with my country more smoothly." Li Jun said.
In Zhou Nianli’s view, there are various institutional barriers to service w88 around the world, such as restrictions on foreign equity ratios, etc., which have restricted the development of service w88. She predicts that the negative list will become an important starting point for my country to improve the level of liberalization and facilitation of w88 in services. In the future, my country will successively introduce different versions of negative lists to reduce and remove policy barriers to the development of w88 in services.
What preparations should be made to promote the opening up of telecommunications, education, and medical care?
As the world's second largest economy, my country has been the world's largest trader of goods for many consecutive years. The Standing Committee of the State Council proposed to promote innovative development in key areas of service w88, promote the integration of service w88 and goods w88, support the international development of professional services such as finance, consulting, design, certification and accreditation, and create new growth points for service w88.
"The integrated development of w88 in goods and w88 in services is the general trend." Li Jun explained that the development of w88 in goods can drive the development of w88 in services, such as transportation logistics, payment and settlement and other service w88 brought by w88 in goods; on the other hand, the development of w88 in services can support the high-quality development of w88 in goods, such as adding services such as R&D and design, intellectual property rights, and brand marketing to w88 in goods. The added value of w88 in goods can be increased through w88 in services, thereby enhancing the global competitiveness of my country's w88 in goods.
It is worth noting that the Standing Committee of the State Council also proposed to further relax foreign investment access, comprehensively remove restrictions on foreign investment access in the manufacturing sector, and expedite the opening up of telecommunications, education, medical and other service fields. It is necessary to adapt to the new situation and optimize policies to attract foreign investment, promptly respond to the reasonable demands of foreign businessmen, and introduce more pragmatic measures in optimizing the business environment and improving service guarantees.
Li Jun said that with the gradual opening up of telecommunications, medical care, education and other service fields, on the one hand, it will open up new space for my country to absorb foreign investment. On the other hand, it will also help Chinese consumers to obtain better and higher-quality international services, provide consumers with more diversified services, and enhance the people's sense of gain.
It is generally believed that compared with w88 in goods, w88 in services has some sensitive areas, and the opening up of these areas will also bring certain risks. Zhou Nianli said that in order to deal with the risks that may come from opening up, the most fundamental thing is to enhance the competitiveness of my country's related industries. For consumers, the key to choice still depends on service quality and cost-effectiveness. Once the competitiveness of domestic enterprises increases, there is no need to worry about excessive impact from the entry of foreign companies.
At the regulatory level, Zhou Nianli said that our country should take measures to reduce the threats posed by foreign businessmen to relevant fields to an acceptable safety level, which requires relying on w88 rules. "For example, there are two countermeasures and one guarantee in the w88 field (i.e. anti-dumping, countervailing and safeguard measures). Can these measures be introduced into the service w88 field? This is a technical consideration."
In addition, Zhou Nianli also added that our country can also strengthen legislation in related fields and protect the interests of related domestic industries through the legal system; on the other hand, at the global level, the statistics of cross-border service w88 are still relatively vague, which is a global problem. Our country should speed up the construction of statistical systems related to cross-border service w88, which is also an important starting point to safeguard industrial security and maintain domestic industrial competitiveness.
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