PR86520

NANJING, China, Nov. 10, 2020 /Xinhua=KYODO JBN/--

On the morning of November 10, the 3rd China-Singapore Trade in Services

Innovation Forum was grandly opened at Suzhou Jinji Lake International

Conference Center. This forum is hosted by Jiangsu Provincial People's

Government and organized by Suzhou Municipal People's Government and the Suzhou

Industrial Park Administrative Committee. It is the highest standard service

trade forum during the CIIE. Hui Jianlin, Vice Governor of Jiangsu Province,

Chua Teng Hoe, Consul General of Singapore in Shanghai, and Wang Zhihua, Deputy

Director General of Department of Trade in Services and Commercial Services of

Ministry of Commerce delivered speeches.

At the opening ceremony, Xu Xianchun, director of the China Economic and Social

Data Research Center of Tsinghua University, released the research results of

the "Full-aperture Statistical Methods of Local Trade in Services in

China-reference to SIP". The problem of service trade statistics has always

been a difficult point. To solve this problem, Suzhou Industrial Park has

combined with a team of experts in related fields, drawing on international

experience, and further optimizing and improving the regional service trade

statistics method through field research and expert demonstration. Mr. Lin

Yifu, Professor and Dean of Peking University's Institute of New Structural

Economics and Mr. Guo Jiewei, Dean of Singapore Institute of Intellectual

Property, delivered keynote speeches via video.

Zhu Min, Dean of Tsinghua University Institute of International Finance, Vice

Chairman of China Center for International Economic Exchanges, Former Vice

President of International Monetary Fund, Former Vice President of People's

Bank of China, Zhang Yansheng, Chief Researcher of China International Economic

Exchange Center, Senior Researcher of Academic Committee of National

Development and Reform Commission, Chen Yong, Vice President of Public Affairs

of Tencent, and Li Li, President of Huawei Industry and Strategic Development

Department participated in the main forum and delivered a keynote speech.

As a platform for global service trade communication and exchanges, this forum

takes "Service Trade Innovation" as the topic and content, focusing on service

industry opening, financial innovation, digital trade and intellectual property

rights, and deconstructing the development and cooperation of international

service trade. Trends and new opportunities, showcasing the achievements

related to the development of service trade in Jiangsu, Suzhou, especially Suzhou

Industrial Park, and explore new paths for the innovative development of service trade.

As a pilot city to deepen the innovative development of service trade, Suzhou

accounts for nearly 50% of the province's service trade volume. Since the

establishment of the Suzhou area of the Jiangsu Pilot Free Trade Zone, the

development of service trade has accelerated. In the first three quarters of

this year, the import and export of service trade in the park, excluding

personal tourism, increased by 13.1% year-on-year, and the decline in service

trade exports has further narrowed. Digital services accounted for proportion

continues to increase, and the enthusiasm for enterprise informationization,

intelligence and independent innovation has been enhanced.

Source: Suzhou Industrial Park Administrative Committee

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   Caption: The 3rd China-Singapore Trade in Services Innovation Forum