Trade in Services
Total 9 Posts
Beijing Aims at Promoting Services Trade and Data Flows
China’s State Council recently released a set of guidelines to promote the development of services trade with special language emphasizing data flows.
China and Belarus Sign Services Trade and Investment Agreement
Last week, during Chinese Premier Li Qiang's visit to Belarus, the two governments signed a number of deals on the BRI and trade, including one on services trade and investment.
MOFCOM Releases Data on Services Trade
Over the first two months of 2024, China's services trade grew 22.8%, according to the Ministry of Commerce (MOFCOM), and its intellectual property (IP) exports grew over 80%.
China Starts Nation-wide Negative List Approach for Services Trade
Last week, China's Ministry of Commerce (MOFCOM) issued two negative lists for services trade, both of which will become effective on April 21.
China's Offshore Service Contracts Grow Slightly in 2023
China's Ministry of Commerce (MOFCOM) revealed that in 2023, China's total contract amount of offshore service outsourcing contracts reached US$215.4 billion, with the top destinations being the United States, Hong Kong, the European Union, and RCEP countries.
China and Singapore Upgrade FTA with Focus on Services and Investment
China and Singapore signed the protocol to upgrade the China-Singapore Free Trade Agreement (CSFTA), wrapping up a three-year negotiation after seven rounds of talks. It adopts a negative list approach, removes foreign equity caps for 22 services sectors in China, and prohibits local content and tech transfer requirements in the
Trade in Travel Service Rebounds Quickly in China; More Focus on Services Trade
Data from China's Ministry of Commerce (MOFCOM) shows that over the first ten months of 2023, services trade totaled 5.34 trillion yuan (about US$750 billion), with imports growing nearly a quarter, thanks to the recovery of travel services. Meanwhile, Beijing is trying to expand digital services