Trade In Services Has Built Up A Whole Day For China'S Foreign Trade.

Under the complex and severe domestic and international situation, the downward pressure on China's foreign trade has been increasing, and foreign trade growth has shifted to "slow lane", even after the first negative growth after the global financial crisis.

The low growth trend of China's foreign trade will become the "new normal" of China's foreign trade growth and will continue for a long time.

However, we should not be able to sway China's foreign trade, but fully recognize that this is the only way for China's foreign trade to get rid of the traditional "two high and one capital" extensive growth mode, and strive to cultivate the new engine of leading trade growth.

The key to the problem is whether we can quickly cultivate the new growth point of China's foreign trade, and effectively support China's foreign trade.

Trade in services has increasingly become an important area for countries to improve their international division of labor and become a new growth point of trade.

According to statistics from the World Trade Organization (WTO), from 2008 to 2014, world trade in services exports increased from 3 trillion and 980 billion US dollars to US $4 trillion and 940 billion, with an average annual growth rate of 3.7%, significantly higher than the 2.7% growth rate of trade in goods during the same period.

In recent years, China's service industry has developed rapidly.

In the first three quarters of 2015, the added value of China's service sector increased to 51.4%, higher than 10.8 percentage points of the second industry.

The growth rate of foreign investment in the service sector is up to 19.3%, accounting for 61% of China's actual utilization of foreign capital.

In September, China's non manufacturing business activity index (PMI) was 53.4, much higher than that of 49.8 of the Manufacturing Purchasing Managers Index, indicating that the development trend of China's service industry has been improving.

China has gradually entered the stage of service led economic development, which laid a solid foundation for the rapid development of service trade.

According to statistics, in the first 11 months of 2015, the total import and export volume of China's trade in services was 3 trillion and 150 billion yuan, an increase of 18% over the same period last year.

Among them, exports of services were 1 trillion and 270 billion yuan, an increase of 16.1% over the same period, and 2 trillion and 440 billion yuan in service imports, an increase of 19.1% over the same period last year.

The rapid growth of trade in services has increased its share in foreign trade (the sum of imports and exports of goods and services), rising from 10.3% in 2011 to 14.4% in November 2015. The optimization of China's foreign trade structure has continued to optimize service trade structure as well as the rapid growth of trade in services.

Among them, the export of high value-added services such as computer services, advertising services, cultural and entertainment services increased rapidly, and played an important role in promoting the structural adjustment and optimization of service trade.

In the first 11 months of 2015, the export of computers and information services was 134 billion 270 million yuan, an increase of 33% over the same period last year, while insurance and other business services also increased by 25.5% and 224% respectively.

The rapid growth of the export of new service industries has increased the added value of China's service trade export, promoted the development of knowledge intensive enterprises, and made positive contributions to the upgrading of domestic industrial structure.

In the cold weather of trade in goods, service trade surging forward, just like a warm winter, which is a great day for China's foreign trade.

However, compared with international trade in services, China's service trade gap is still very large, and there is still a long way to go.

From a global perspective, service trade accounts for about 20% of total trade in goods.

In 2014, the proportion of trade in services in the United States, Germany and Japan accounted for 28.3%, 21.8% and 23% respectively, while that in China was only 14%.

Even compared with the "BRICs" of India, China has a big gap in terms of service trade.

India is one of the countries with the highest proportion of trade in services in goods trade, accounting for 35.4% in 2014.

From the perspective of the development structure of international service trade, the proportion of traditional service industries, such as tourism, pportation and construction, in service trade has gradually decreased. New technologies such as communications, computers and information services, consulting, financial insurance, and modern service industries with high added value have developed rapidly. However, the structure of China's service trade is also constantly improving, and the proportion of exports of traditional services has decreased year by year, but it is also mainly concentrated in traditional industries.

In the first 11 months of 2015, exports of traditional services such as pportation, tourism and construction accounted for half of the total exports of services, accounting for 49.2%.

It can be seen that compared with trade in goods, the international competitiveness of China's service trade is still weak, and there is still room for future development.

In order to speed up the development of service trade, in early 2015, the State Council issued the "opinions on accelerating the development of service trade", taking the expansion of the scale of service trade, optimizing the structure of service trade, innovating the development mode of service trade, cultivating the main body of service trade market, further expanding the opening of service industry and vigorously promoting foreign investment in services, etc. as the main task of accelerating the development of service trade.

Since then, it has promulgated the "promotion".

The guidance for healthy and rapid development "proposes to encourage the development of all kinds of cross-border e-commerce service providers, improve cross border logistics system, and promote the construction of a single window comprehensive service system for key links such as cross border e-commerce, inspection and quarantine, and settlement of foreign exchange.

In order to ensure the implementation of the above policies, in August 2015, the State Council set up an inter ministerial joint conference system for the development of service trade, coordinated the import and export policies of various departments, coordinated the opening up of the service industry, promoted the facilitation and liberalization of trade in services, and further promoted the development of service trade and service outsourcing business in the fields of culture, creativity, animation design, financial insurance, biomedicine and other fields.

In addition, in order to speed up the "come in" and "go out" of the service industry, China is actively signing a service trade cooperation agreement with the countries along the belt, striving to carry out pragmatic cooperation under the bilateral framework, and promoting the third party consultation and certification, financial insurance, logistics procurement and other service enterprises to go out.

In 2015 1-8, Chinese enterprises and "

The amount of service outsourcing contracts signed by the countries along the border was 9 billion 300 million US dollars, up 27.9% from the same period last year. The growth rate is obviously higher than that for other countries and regions.

In order to further adapt to the new changes in the rules of international service trade based on the TPP rules, our country has conducted a targeted pilot test in the four free trade areas such as Shanghai, Guangdong, Tianjin and Fujian.

To implement the management mode of national treatment plus negative list before admission, improve the quality and level of foreign capital utilization.

In order to basically realize the liberalization of trade in services between the mainland and Hong Kong and Macao, the agreement on trade in services between the mainland and Hongkong under the CEPA framework was signed with Hongkong on the end of November 2015, and it will be formally implemented in June 1, 2016.

This is the first free trade agreement in the mainland to fully open the field of service trade in the form of pre admission national treatment plus negative list, which marks the liberalization of trade in services between Hongkong and the mainland.

Under the agreement, the mainland has 153 or a total number of sectors opening up to the Hongkong service sector, accounting for 95.6% of the total 160 service trade sectors of the world trade organization. Among them, 62 sectors of the "business presence" mode of service are nationally treated in Hongkong.

In view of the negative list of the "business presence" service mode, covering 134 service trade departments, we have retained 120 restrictive measures which are not consistent with national treatment.

A total of 28 open measures were added to the positive list covering cross-border services, telecommunications and cultural services.

In terms of investment facilitation, the approval and approval of the contract and articles of incorporation established and changed by most of the service providers in Hongkong are changed to record management.

"Agreement" has become a new milestone in the opening up of China's service industry, and it will also promote the rapid development of trade in services between the mainland and Hongkong.

Under the above background, China's service trade will continue to maintain rapid growth in the period of 2016, with a growth rate of over 10%, and the total import and export volume of the whole year will exceed 4 trillion yuan, which will continue to support China's foreign trade under the new normal.