Chinese Academy of International Trade and Economic Cooperation Institute of International Trade in Services
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- Bu səhifədəki naviqasiya:
- III. Existing problems
II. Major Contributions
China is an important driving force for the growth of global trade in services. It has become the main source country of tourists and shopping services in many countries, promoting the communication and exchange among people all over the world. In 2019, 169.21 million Chinese residents left the country, creating a travel import of USD 251.1 billion. In recent years, high-quality Chinese services have attracted a large number of foreigners to visit, learn and seek medical treatment, making the spread and influence of Chinese culture overseas continuously improved. Since the outbreak of COVID-19 in 2020, Chinese medicine has played an important role in global anti-pandemic cooperation. China has donated 15 batches of Chinese medicine materials to some countries and regions, including proprietary Chinese medicines, decoction pieces and acupuncture needles, with a total value of CNY 10 million. III. Existing problems
For a long time, the import growth of China's trade in services has been faster than the export growth, making trade in services in a continuous deficit, globally ranking first on the scale. Since 1998, China's trade in services has been in a continuous deficit, with the deficit increasing from USD 1.8 billion to USD 100.46 billion in 2020. The trade in services deficit increased by 54.8 times in 22 years. Among the top five countries in the world's service exports in 2020, only China is a deficit country, and the rest four countries — the US, the UK, Germany and Netherlands — are surplus countries. Because exports are less than imports, China's trade in services is always in a competitive disadvantage position in the international market, and our international competitiveness needs to be improved urgently. III. Existing problems
Although China is the second largest country in service trade in the world, compared with the United States, its overall scale is still small, and the proportion of service trade in foreign trade is relatively low. From the perspective of trade scale, in 2020, the volume of export and import and the total volume of both of trade in services in the US are 2.5 times, 1.2 times and 1.7 times than that of China respectively. From the perspective of the proportion of service trade in foreign trade, in 2020, the proportion of world service trade in global foreign trade is 21.6% while that of China is 10.5%. In addition to China, the countries, occupying a relatively large trade scale in the world trade in services, include the United States, Germany, Ireland, Britain and Netherlands whose proportion of service trade in their foreign trade are 23.1%, 19.5%, 66.6%, 33.8% and 27.9% respectively. All the proportions in the above countries (especially Ireland) are higher than China’s. The goods-based trade structure is not conducive to China's response to sudden shocks such as the COVID-19 pandemic, nor is it conducive to the high-quality development of foreign trade and the improvement of international competitiveness. Yüklə 1,29 Mb. Dostları ilə paylaş:
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