The service trade fair will focus on cutting-edge trends and activate growth momentum

The 2021 China International Trade in services Fair (hereinafter referred to as the service trade fair) will be held in Beijing from September 2 to 7. With the theme of "digital opens the future and services promote development", 2021 service trade fair focuses on hot topics such as digital economy and digital trade development, focusing on the cutting-edge trends in the twelve fields of service trade, and builds a global service trade cooperation and exchange platform.

Vice Minister of Commerce Wang Bingnan pointed out that the service trade fair is a national, international and comprehensive exhibition and trading platform specially built for service trade. In his view, running this year's service trade fair is an important measure to speed up the construction of a new development pattern“ At present, China's super large-scale market advantage has been further strengthened. In the first half of this year, the added value of China's service industry reached 29.6 trillion yuan, accounting for 55.7% of GDP from 54.5% last year, providing strong industrial support for the high-quality development of service trade. " Wang Bingnan said.

Among them, digital technology has become an important support for the development of service trade. Chen Chunjiang, director of the Department of service trade and trade services of the Ministry of Commerce, said that today's world is entering a period of rapid development of digital economy, and the trend of digital industrialization and industrial digitization is becoming increasingly obvious. With the improvement of computing power and the acceleration of transmission, digital trade with data as the factor of production and digital delivery as the main feature is booming, and is becoming a new form of Global trade and a new engine for future trade development.

Yang Jinbai, vice mayor of Beijing Municipal People's government, said that in 2020, the service trade fair will implement the national strategic deployment for developing the digital economy, highlight the digital economy and digital trade, set up a special digital service area for the first time, and hold 15 relevant forum meetings such as "Digital Trade development trend and frontier Summit Forum" and "2021 Digital Trade Development Forum".

(source: original title of Economic Information Daily: trade in services will focus on cutting-edge trends and activate growth momentum)