PR91506

BEIJING, Sept. 7, 2021 /PRNewswire=KYODO JBN/ --

The ongoing 2021 China International Fair for Trade

(https://en.imsilkroad.com/trade/index.html ) in Services (CIFTIS),

highlighting China's determination and action to open up at a higher level, has

brought hope and confidence to global economy.

China has demonstrated its commitment to opening up wider and sharing growth

opportunity with the global community by hosting the event as scheduled this

year amid the COVID-19(https://en.imsilkroad.com/z/200318-1/index.shtml )

pandemic.

Themed "Towards Digital Future and Service Driven Development," this year's

fair, held both online and offline from Sept. 2 to 7, features opening-up and

cooperation across the board, providing an important platform for global market

players to showcase their latest services.

With wider reach, the trade fair has attracted more than 10,000 enterprises

from 153 countries and regions, five more countries compared to last year's

event, with more Fortune 500 companies involved.

The magnet effect, in fact, is due to China's huge market and improved business

environment. China has been the world's second-largest country in services

trade for seven years, building services trade relations with nearly 240

countries and regions.

China has taken a raft of measures to deepen opening-up of its service sector,

such as shortening the negative list for foreign investment (

https://en.imsilkroad.com/p/323587.html ) for four consecutive years and making

opening-up commitments in 22 more service fields.

China will open up at a higher level by implementing nationwide a negative list

for cross-border services trade, upgrading the digital trade pilot zones to

demonstration zones, deepening the reform of the New Third Board (National

Equities Exchange and Quotations) and setting up Beijing Stock Exchange.

Using peace, development and win-win cooperation as the "golden key", China

will work with other countries to boost the services trade as well as the world

economy.

See the original link: https://en.imsilkroad.com/p/323656.html

SOURCE: Xinhua Silk Road

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=399990

   Caption: Journalists visit a venue of the China International Fair for Trade in Services

(CIFTIS) at the China National Convention Center in Beijing, capital of China,

Aug. 31, 2021. (Xinhua/Lu Peng)