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2023 Global Trade in Services Conference opens in Nanjing

On September 21, the 2023 Global Trade in Services Summit, co-sponsored by the Chinese Academy of International Trade and Economic Cooperation (CAITEC) and Nanjing Municipal People's Government, opened in Nanjing. Guo Tingting, Vice Minister of Commerce, delivered a video speech, while Chen Zhichang, Mayor of Nanjing Municipal People's Government, and Chai Xiaolin, Director of the WTO's Trade in Services and Investment Division, delivered their speeches as well. Deng Zhiyi, a member of the standing committee of the CPC Nanjing Municipal Committee and Vice Mayor, was present at the event.

Themed "Innovating in Trade in Services, Digitizing the Future of Services", this event focuses on establishing a national demonstration zone for innovative development in trade in services, propelling the digital transformation of trade in services while fostering an international platform for exchange and cooperation in this sector. The event seeks to expedite the exchanges and collaborations between Nanjing and countries across the globe, with a steadfast commitment to continuously enhancing Nanjing's international influence and brand competitiveness in the sector of trade in services. During the summit, a series of special events were held, including the Digital Service Innovation and Development Forum, the International Education Service Trade Cooperation Forum, the Digital Trade International Cooperation Matchmaking Meeting, and the Nanjing Service Trade Achievement Exhibition.

In her address, Guo Tingting pointed out that in recent years, China has been actively advancing comprehensive pilot demonstrations for expanding the opening-up of the service sector and innovative development pilots in trade in services. Favorable policies in the sector of trade in services have been continuously released, and the overall situation remains positive.

Currently, the digitalization process of trade in services is accelerating. Emerging technologies such as big data, cloud computing, and the Internet provide advanced technical support for the development of trade in services, giving rise to various service formats and models. It is crucial for us to grasp the trends of technological and trade transformations, proactively embrace the new opportunities for the development of trade in services, expand opening-up in trade in services, and foster a more open and inclusive environment for growth, deepen cooperation in trade in services and establish mutually beneficial collaboration platforms. By leading trade innovations and reinforcing a development path driven by innovation, we can position trade in services as a significant pillar supporting the construction of a robust trading nation. It is hoped that Nanjing can leverage its strengths, seize opportunities, foster innovation, and diligently promote breakthroughs in the development of trade in services.

Currently, the digitalization process of trade in services is accelerating. Emerging technologies such as big data, cloud computing, and the Internet provide advanced technical support for the development of trade in services, giving rise to various service formats and models. It is crucial for us to grasp the trends of technological and trade transformations, proactively embrace the new opportunities for the development of trade in services, expand opening-up in trade in services, and foster a more open and inclusive environment for growth, deepen cooperation in trade in services and establish mutually beneficial collaboration platforms. By leading trade innovations and reinforcing a development path driven by innovation, we can position trade in services as a significant pillar supporting the construction of a robust trading nation. It is hoped that Nanjing can leverage its strengths, seize opportunities, foster innovation, and diligently promote breakthroughs in the development of trade in services.

Currently, the digitalization process of trade in services is accelerating. Emerging technologies such as big data, cloud computing, and the Internet provide advanced technical support for the development of trade in services, giving rise to various service formats and models. It is crucial for us to grasp the trends of technological and trade transformations, proactively embrace the new opportunities for the development of trade in services, expand opening-up in trade in services, and foster a more open and inclusive environment for growth, deepen cooperation in trade in services and establish mutually beneficial collaboration platforms. By leading trade innovations and reinforcing a development path driven by innovation, we can position trade in services as a significant pillar supporting the construction of a robust trading nation. It is hoped that Nanjing can leverage its strengths, seize opportunities, foster innovation, and diligently promote breakthroughs in the development of trade in services.

During the event, CAITEC released the Global Trade in Services Development Index Report 2023. Guests delivered keynote speeches on themes including "Harnessing the Power of Digital Transformation: Unleashing New Potential, Creating New Opportunities", "Industrial Gases and Innovative Technologies Fueling High-Quality Industrial Development", and "Digital-intelligent Ecosystem Services for Cross-border Trade in the Era of Dual Circulation".

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