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Vice Minister of Commerce Yan Dong said at the press conference of the State Information Office on August 28 that in the second half of the year, the development of China's trade in services will also usher in many benefits. First, the potential for travel services continues to be unleashed. Travel service exports are expected to continue their high growth trend due to the combination of international exhibitions, business activities, and the peak season for inbound tourism. Second, the high value-added business is growing well. Digital platform services, cloud services, and services related to artificial intelligence are speeding up overseas, and services such as telecommunications, computer and information services, intellectual property rights, culture and entertainment are developing rapidly, driving trade in services to the upper end of the value chain. Third, policy dividends continue to be supported. Policies and measures such as expanding the capacity and quality of the service industry and building a national demonstration zone for the innovative development of trade in services have been implemented, which complement the upcoming trade fair and will create a better environment for a high level of openness and high-quality development of trade in services. Looking ahead to the whole year, China's trade in services will generally maintain a positive trend, with strong growth momentum in services exports.
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Vice Minister of Commerce Yan Dong said at the press conference of the State Information Office on August 28 that in the second half of the year, the development of China's trade in services will also usher in many benefits. First, the potential for travel services continues to be unleashed. Travel service exports are expected to continue their high growth trend due to the combination of international exhibitions, business activities, and the peak season for inbound tourism. Second, the high value-added business is growing well. Digital platform services, cloud services, and services related to artificial intelligence are speeding up overseas, and services such as telecommunications, computer and information services, intellectual property rights, culture and entertainment are developing rapidly, driving trade in services to the upper end of the value chain. Third, policy dividends continue to be supported. Policies and measures such as expanding the capacity and quality of the service industry and building a national demonstration zone for the innovative development of trade in services have been implemented, which complement the upcoming trade fair and will create a better environment for a high level of openness and high-quality development of trade in services. Looking ahead to the whole year, China's trade in services will generally maintain a positive trend, with strong growth momentum in services exports.
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