Foreign firm execs hail Xi's speech at global trade in services summit

Raymund Chao, chairman of PwC Asia-Pacific and China

President Xi Jinping's speech showed the world that it is important for China to host the 2020 CIFTIS when many countries are fighting the COVID-19.

The 2020 CIFTIS is the first major international economic and trade activity held by China since the outbreak of the epidemic. It issues a positive signal that China adheres to economic globalization and strengthens international economic and trade cooperation.

It helps global service trade enterprises to strengthen international exchanges, obtain new orders and expand new markets, which will play a positive role in reducing the impact of the epidemic and promoting economic recovery.