China to expand trade in services within APAC, boost openness
The skyline of Beijing. Fueled by a galloping services sector, digital technologies and industrial chain advantages, China's trade in services is set to become a key driver in supporting economic growth in the Asia-Pacific region and attracting foreign investment, said economists and business leaders on Friday. China will increasingly engage in services trade within the Asia-Pacific region through abundant high-quality human resources, digital technologies, the Regional Comprehensive Economic Partnership and international cooperation, said Long Guoqiang, vice-president of the State Council's Development Research Center. Sharing similar views, Vladimir Kazbekov, vice-president and chief operating officer of Shanghai-headquartered New Development Bank, said China has made notable strides in liberalizing its services sector, creating new opportunities for further advancement and attracting foreign investment. Pointing out that the role of global agricultural and food supply chains in international trade has become more prominent, Ye Huiqing, vice-president of COFCO Corp, said the group will actively partner with international stakeholders, exploring new business models and formats for global trade, especially in the area of trade in services.
Global businesses eye more opportunities as China embraces service trade surge
Global businesses eye more opportunities as China embraces service trade surge
Discover Related
China's services activity rises to three-month high, Caixin PMI shows
Trump's new tariffs shake up markets, raise recession fears
China willing to import more Indian products, envoy says
China, Japan, South Korea agree to counter US tariffs, eye stronger trade ties
China, Japan, South Korea to jointly counter US tariffs, Chinese media reports
Global ties more critical amid uncertainties
Hainan emerges as global free trade port player
Free trade ports key to region's growth
Chinese investment in ASEAN expands to benefit both sides
Nations urged to work for true multilateralism
Talks seen as key for E. Asia collaboration
Beijing an upholder of trade system centered on WTO
High-quality growth offers global boost
Beijing an upholder of trade system centered on WTO
High-quality growth offers global boost
China calls on nations to open markets amid looming Trump tariffs
Japan, China, South Korea Meet as US Tariff Pressure Rises
Shandong enterprises thrive in global service trade
Raisina Dialogue: S Jaishankar expresses concern over weaponisation of trade
Stay vigilant: China’s economic woes could spill over
Stay vigilant: China’s economic woes could spill over
China's high-tech path to a greener, brighter future
Why India is at the centre of global trade talks
Xinjiang plays a vital role in country's opening-up
India, US to focus on increasing market access, reducing tariff, non-tariff barriers: Centre tells Parliament
China readies for trade tensions with U.S.; won’t negotiate from weakness
Nation takes steps targeting global trade protectionism
India, US trade talks focus on tariffs, market access, and sensitive sectors
Global Trade War: China Slaps Fresh Tariffs On Agricultural And Food Products From Canada