This year’s Government Work Report proposes expanding market access and opening up more areas, with a focus on the service industry.

“This is an important measure in line with China’s industrial structure upgrading and restructuring of the global service trade landscape. It’s an inevitable requirement for accelerating the construction of a trade powerhouse and promoting high-quality development, and it will further enhance China’s global competitiveness in trade,” said Kan Baoyong, a deputy to the National People’s Congress and mayor of Chenzhou City.

As the “southern gateway” of Hunan Province and the “bridgehead” for the central region to connect with the Guangdong-Hong Kong-Macao Greater Bay Area, Chenzhou City has made good use of open platforms such as the free trade zone, comprehensive bonded zone, and Chenzhou International Land Port.

It has continuously strengthened institutional innovation, integration of industry and trade, and channel empowerment to promote the high-quality development of service trade.

Kan Baoyong said that next, Chenzhou City will seize the major opportunity of the country's orderly expansion of independent opening up in the service sector and focus on four areas. One is the integration of industry and trade. Based on the foundation of the non-ferrous metal industry and the endowment of cultural and tourism resources, relying on platforms such as Chenzhou International Land Port, it will make good use of the national visa-free entry policy and continue to strengthen traditional service trade such as transportation and tourism.

The second is to foster new forms. Seizing opportunities such as the development of the global digital economy and the expansion of China's high value-added product exports, it will vigorously develop new forms of foreign trade such as cross-border e-commerce and bonded maintenance, and promote the digital, high-end, and diversified transformation of service trade.

The third is to expand markets. It will actively integrate into the high-quality Belt and Road cooperation, deepen its presence in emerging markets in as ASEAN countries and Africa, and form a diversified pattern involving Europe and the United States and emerging markets.

The fourth is to optimize the business environment. It will actively integrate into the Guangdong-Hong Kong-Macao Greater Bay Area, continuously deepen the reform of cross-border trade facilitation, effectively improve the efficiency of logistics, finance, government and other services, continuously optimize foreign-related legal services, and create a stable, fair and predictable market environment for the open development of the service sector.

Chinese source: czxww