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| Mr. Yi Xiaozhun's portfolio covers the Department of International Trade and Economic Affairs, Department of WTO Affairs, Department of Policy Research, China International Center for Economic and Technical Exchanges, Association of International Trade and China Society for WTO Studies. |
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| Yi Xiaozhun's Speech in the 2nd China Service Trade Conference |
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The press conference for the 2nd China Service Trade Conference was held in the afternoon on November 23rd. Mr. Yi Xiaozhun, Vice Minister of Commerce, and Mr. Cheng Hong, Vice Mayor of Beijing , made general introduction of this conference and answered questions raised by Chinese and foreign reporters.
Mr. Yi said that the share of service trade in global trade is on the increase with the development of economic globalization, and has become another driving force for economic growth and focus of competition among major countries. As China is entering a new phase of development, the development of service trade is very significant for China to transform the growth mode of foreign trade, improve the level of modern service industry and realize sound and rapid growth of the national economy.
Yi emphasized that Central Committee of Communist Party of China (CPC) and the State Council had attached great importance to the development of service trade. Hu Jintao, General Secretary of the CPC Central Committee, clearly required to “energetically develop service trade” in the Report of the 17th National Congress and the Central Economic Work Conference. Premier Wen Jiabao raised the issue of “promptly improving policies and measures to encourage development of trade in services” and “strive to expand service export”. With the rapid development of internationalization of service industry, Chinese service trade has also developed rapidly. Export volume of China’s service trade rapidly grew from $2.5 billion in 1982 to $146.45 billion in 2008, with annual growth rate of 17% which is about twice over the average growth rate of the world. And the ranking of service trade export in the world rose to No.5 in 2008 from No.28 in 1982.
According to Yi, China has made great efforts to promote the development of service trade in recent years, but work in this field is still new in China. With the objective of Communication, Cooperation, Opportunities and Development, the 2nd China Trade in Services Congress will mainly be attended by service trade enterprises. It will actively explore a professional promotion platform which integrates forum, presentation and transaction. This is in accordance with features of service trade development. The conference includes the opening ceremony, comprehensive conference and specialized trade talks and will show the following three major characteristics:
1. Highlighted Theme. With the theme of “Trade in Services: A New Driving Force For Global Economic Recovery”, this congress will discuss in-depth the development trend of current international financial crisis. The opening ceremony will be held in the morning of November 24th in China National Convention Center in Beijing. At the opening ceremony, Chen Deming, Minister of Commerce, together with representatives from international organizations and intermediary organizations and government officials from other countries, will explore measures for coping with the harmful impact caused by the crisis and methods for promoting the development of service trade.
2. Plenty of activities in trade talks. Specialized trade talks will focus on emerging services sectors with high added values and activities will be held in eight specialized fields including Design Services. Forums and seminars will be held in each specialized trade talk to discuss the trend of industrial development and the direction of international cooperation. Meanwhile, enterprises will release information, hold business talks and discuss the investment and trade cooperation. Through business matching meetings and exhibitions in the 8 fields, service trade enterprises from at home and abroad will gain opportunities for cooperation.
3. Distinct features of internationalization. Head of international organizations and honored guests like Minister of Knowledge Economy of Korea will attend the opening ceremony and give their speeches. Participants of the 4th International Seminar on Trade in Services include senior officials from international organizations and some developed countries and regions, experts and scholars from intermediary organizations in the service industry. And they make in-depth discussions. So far, ten countries and regions including Britain have confirmed attendance of their delegations. Representatives from organizations such as KPMG, Standard Chartered Bank, IBM, McKinsey, London International Advertising Festival, Softbank, Australian Interactive Media Industry Association (AIMIA) will attend specialized trade talks and deliver speeches.
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