Looking for global growth? At the Global Trade in Services Summit during the 2025 China International Fair for Trade in Services in Beijing, the Chinese mainlands Vice Premier Ding Xuexiang laid out a three-point plan to cut service trade barriers and spark collaboration around the world 🌍💡.
1. Open Doors Wider
Promote high-level openness, align regulations across borders, and get rid of red tape slowing down services, from e-learning apps to fintech platforms.
2. Innovate Together
Ride the wave of digital, networked, and intelligent trendsthink AI-powered chatbots improving customer support in South Asia or big data tools helping SMEs in Southeast Asia optimize delivery fleets. Boost joint R&D and knowledge-sharing across regions 🤝🔍.
3. Win-Win FTAs
Sign more high-quality free trade agreements to turn service trade into a powerhouse for shared prosperityimagine streamlined visa processes for cross-border tech talent or harmonized data rules for smoother streaming of your favourite shows.
The summit attracted around 800 officials and reps and featured global voicesfrom Australian Prime Minister Anthony Albanese to WTO Deputy Director-General Johanna Hillhighlighting a united push for a more connected future.
After the talks, Ding also toured the fair's exhibition halls, reaffirming the Chinese mainlands commitment to boosting high-quality service imports and exports, opening fresh doors for businesses everywhere 🚪✨.
For entrepreneurs in Jakarta hustling on a new app, or freelancers in Mumbai chasing gigs abroad, these moves could unlock smoother cross-border opportunities and bigger markets 🚀.
Reference(s):
cgtn.com
