In the first half of this year, the total amount of service trade reached 2.2 trillion yuan, and the Ministry of Commerce accelerated the formulation of the negative list

category:Finance
 In the first half of this year, the total amount of service trade reached 2.2 trillion yuan, and the Ministry of Commerce accelerated the formulation of the negative list


Cui fan, President of Hainan Research Institute of the University of international business and economics, and professor of the school of international trade and economics, told the first financial reporter that trade in services is one of the key points in opening up foreign investment.

This year, there will also be a negative list of cross-border service trade in the free trade port version and the national version. Hainan free trade port version may also have a special list. These are some key points for the rapid development of service trade in the future. Cui fan revealed.

The person in charge of the Department of service trade of the Ministry of Commerce said that the scale of Chinas service trade declined in the first half of the year, showing an overall trend of stabilization. The performance of service export was significantly better than that of import, the trade deficit was reduced, and the proportion of knowledge intensive service trade increased.

Among them, as mentioned above, from January to June, the decline of Chinas service export stabilized, and the decline of import increased. The decline of export was less than 19.5 percentage points of import, which led to the decrease of service trade deficit by 46.1% to 401.71 billion yuan, with a year-on-year decrease of 344.01 billion yuan.

At the same time, the proportion of knowledge intensive service trade increased.

From January to June, Chinas import and export of knowledge intensive services reached 974.43 billion yuan, an increase of 9.2%, accounting for 43.7% of the total import and export of services, an increase of 9.6%.

The import of knowledge intensive services reached 461.56 billion yuan, an increase of 8.6%, accounting for 35.1% of the total import of services, an increase of 9.8 percentage points; the areas with rapid growth in import were telecommunications, computer and information services, and financial services, with an increase of 31.1% and 15.7% respectively.

The so-called knowledge intensive services in the statistical caliber also exclude travel, construction, transportation and processing and manufacturing services. He explained that the four types of non digital delivery service trade are all called knowledge intensive service trade, that is, other services can be digitized, such as finance, insurance, consulting and other professional services.

Under the state of the epidemic, digital trade is indeed growing substantially. Li Jun told reporters that taking software and information service trade as an example, for example, he has just conducted research on game animation and other industries in some southern provinces recently, and he saw that many enterprises still withstood the impact of the epidemic.

According to the website of the Ministry of Commerce, in the first half of 2020, Chinas enterprises will undertake 679.53 billion yuan of service outsourcing contracts and 450.13 billion yuan of implementation value, respectively, with a year-on-year increase of 5.9% and 10.9%. Among them, emerging digital services and productive services such as R & D and maintenance are growing rapidly. Offshore execution of emerging digital services such as cloud computing services, artificial intelligence services, and blockchain technology services grew rapidly year on year.

The novel coronavirus pneumonia epidemic is still spreading worldwide, the world economy is in serious recession and the international demand is shrinking.

In the second half of the year, the Ministry of Commerce, in accordance with the decisions and arrangements of the CPC Central Committee and the State Council, will actively deepen the reform, promote the construction of pilot projects and service outsourcing demonstration cities in an all-round way, expand the export bases of characteristic services, and promote the high-quality development of service trade; further expand the opening-up, and accelerate the formulation of the national version of the negative list of cross-border service trade under the condition of normalization of epidemic prevention and control We should hold the service trade fair in 2020, inject new vitality into the development of service trade; accelerate innovation, vigorously develop emerging service trade such as digital trade and online exhibition, and strive to improve the quality and efficiency of service trade.

Li Jun said that when it is possible to coexist with the epidemic for a period of time, this means that we should be prepared to fight a protracted war in the development of trade in services, because trade in services is closely related to people to people exchanges.

He told reporters that during the investigation, it was found that some Chinese Internet enterprises hope to go out to sea and seize the opportunity of rapid development of housing economy at home and abroad. Moreover, China is indeed leading in cross-border e-commerce, even ahead of some developed countries. However, entrepreneurs of these Internet enterprises hope to go to the international market on the one hand, and on the other hand, they are not We are more cautious in the situation and other aspects.

In addition to stabilizing foreign trade, service trade also plays an important role in stabilizing foreign investment. Cui fan told reporters of Chinas first finance and economics that the opening up of Chinas manufacturing industry is basically in place. Therefore, the focus of Chinas opening-up in the future will be in the field of trade in services. In the field of trade in services, because there are many industries involved, each industry has its own regulatory characteristics. I think the regulation of trade in services is one of the key points in the regulatory trend in the future, Cui said. In particular, the regulation of trade in services involves new issues such as data and personal privacy protection, which need to be explored and experimented. In the process of opening up, how can we ensure data security and protect personal privacy? A large part of service trade is closely related to data and the Internet, and there will be more and more integration. These areas need some innovative measures. Source of this article: Guo Chenqi, editor in charge of first finance and Economics_ NBJ9931

In addition to stabilizing foreign trade, service trade also plays an important role in stabilizing foreign investment.

Cui fan told reporters of Chinas first finance and economics that the opening up of Chinas manufacturing industry is basically in place. Therefore, the focus of Chinas opening-up in the future will be in the field of trade in services.

In the field of trade in services, because there are many industries involved, each industry has its own regulatory characteristics. I think the regulation of trade in services is one of the key points in the regulatory trend in the future, Cui said. In particular, the regulation of trade in services involves new issues such as data and personal privacy protection, which need to be explored and experimented. In the process of opening up, how can we ensure data security and protect personal privacy? A large part of service trade is closely related to data and the Internet, and there will be more and more integration. These areas need some innovative measures.