China's accelerating development of services trade benefits global economy

MODEL OF BROADER OPENING-UP

Against the backdrop of the ongoing pandemic, the CIFTIS demonstrates the responsibilities China has undertaken, and the country's determination to unswervingly promote its opening-up policy, which will surely be furthered by the event.

"Affected by the pandemic, countries around the globe should cooperate and embrace opening-up," said An, who believes that the CIFTIS shows China's willingness and commitment to further opening up.

The event will help further ease market access in the service sector, promote the development of global trade in services and create a larger market for it, An said.

President of Hong Kong Singapore Business Association Philip Chan reckons that the CIFTIS reveals China's dedication to its responsibility for the world, contributing to market opening and free trade around the world.

The CIFTIS provides another platform for China to defend free trade, multilateralism and the interests of developing countries, Girad said, adding that the event embodies fair trade, mutual benefits and win-win cooperation, as well as the notion of a community with a shared future for mankind.

By building open platforms such as the CIFTIS, China is taking actions to show its commitment to build a community with a shared future for mankind, setting an example for the world, said Li Jun, a researcher at the Chinese Academy of International Trade and Economic Cooperation under the MOC.