www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語Fran?ais
Business

Policymakers placing greater emphasis on services sector

By ZHONG NAN | China Daily | Updated: 2025-07-17 00:00
Share
Share - WeChat

China's ongoing efforts to deepen its opening-up will position trade in services as a powerful driver of economic growth and a source of long-term competitive strength, said market watchers and business leaders.

Amid rising geo-economic fragmentation and subdued demand for goods in certain parts of the world, policymakers are placing growing emphasis on the services sector, including digital trade, finance, healthcare and tourism, to revitalize the global economy and enhance international cooperation, they said.

In contrast to goods trade, trade in services refers to the sales and delivery of intangible services such as transportation, tourism, telecommunications, advertising, education, computing and accounting.

China's trade in services recorded fast growth in the first five months of 2025, while the country's trade in this category rose 7.7 percent year-on-year to 3.25 trillion yuan ($453 billion), according to statistics released by the Ministry of Commerce in early July.

Li Jun, a researcher specializing in trade in services at the Beijing-based Chinese Academy of International Trade and Economic Cooperation, said China's services sector is not only expanding in scale, but also undergoing structural upgrading, with notable progress in high-value segments such as digital services, finance and technological innovation.

"This transformation reflects the country's broader shift toward innovation-driven growth," said Li. "By fostering a more open and rules-based services trade environment, China is not only boosting domestic competitiveness, but also contributing to global economic resilience and creating new avenues for cross-border cooperation."

With China's favorable visa-free policies fueling a surge in inbound tourism, Club Med, a global travel and lifestyle brand, is leveraging this trend to accelerate its China-based inbound operations, taking advantage of government policies to attract more international visitors.

During the May Day holiday this year, Club Med saw sales revenue in China grow by more than 15 percent compared to the same period in 2024.

"We will continue to focus on expanding our presence in the snow vacation sector by increasing the number of new ski resorts in China," said Andrew Xu, Club Med's global deputy CEO and CEO for China, adding that the group plans to open a new urban oasis-themed resort in Hangzhou, Zhejiang province, by the end of this year.

Revealing that Club Med will establish new resorts in Lingshui Li autonomous county, Hainan province, Xu said that in the second half of 2025, the group's recorded reservation business volume in the Chinese market surged more than 30 percent year-on-year.

"We are optimistic about China's growth potential and the country has become our second-largest source market today," he added.

China's trade in travel-related services soared 12.2 percent year-on-year to reach 920 billion yuan between January and May, while it recorded a 5.3 percent increase on a yearly basis in inbound travel services, according to the Ministry of Commerce.

China's continued opening-up policies are also prompting foreign technology and manufacturing companies to actively transform their business models, with many expanding into services-related businesses to enhance competitiveness and better align with the country's green and innovation-driven development agenda.

Apart from manufacturing low voltage products and building management systems in China, French industrial group Schneider Electric is deepening collaboration with 1,000 suppliers globally, including 270 based in China, by offering methodological guidance, action plans and technical support to help them achieve a 50 percent reduction in carbon emissions by 2025.

Jean-Pascal Tricoire, Schneider Electric's board chairman, said that the Belt and Road Initiative has become a key driver of global growth by fostering mutually beneficial cooperation and shared development.

As Chinese firms expand their market presence in economies participating in the BRI, Schneider Electric's operations in over 100 countries and regions offer a solid foundation for supporting their efforts to develop global partnerships, said Tricoire.

"This will enable a complementary model that merges Chinese innovation with local standards, delivering localized and sustainable solutions through our ecosystem expertise," he added.

 

A view of a Kuaishou cross-border livestreamer at the seventh China International Import Expo in Shanghai in November. XINHUA

 

 

Today's Top News

Editor's picks

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 成人网18免费网 | 青青爽国产手机在线观看免费 | 国产精品一区亚洲一区天堂 | 久久精品免费观看视频 | 一级毛片日韩 | 欧美xxx在线| 久久久久久久久久久福利观看 | 亚洲精品中文字幕久久久久久 | 国产高清免费视频 | 67194成人在线观看 | 特黄aa级毛片免费视频播放 | 99久久免费看精品国产一区 | 精品国产三级a在线观看 | 97在线免费看视频 | 在线国产日韩 | 成人夜色视频网站在线观看 | 国产精品二区高清在线 | 国产精品不卡 | 国产精品成久久久久三级 | 亚洲国产精品成人综合久久久 | 欧美在线视频观看 | 国产东北色老头老太性视频 | 26uuu影院亚洲欧美综合 | 精品欧美日韩一区二区 | 日韩一级不卡 | 国产成人影院在线观看 | 日韩欧美亚洲天堂 | 精品亚洲成a人片在线观看 精品亚洲成a人在线播放 | 成年人免费软件 | 国产精品特黄一级国产大片 | 久久精品午夜 | 欧美日韩视频一区二区 | 国产精品免费一级在线观看 | 欧美啊v在线观看 | 美国一级毛片在线 | 国产一区二区三区久久精品小说 | 222aaa免费国产在线观看 | 成人精品一区二区久久 | 天天综合色一区二区三区 | 中文一区在线观看 | 精品国产免费观看一区 |