2014Open Journal of Social SciencesOpen access

Thoughts on Accelerating the Development of China’s Service Trade Issues

Xingang Song

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Abstract

With the globalization of the world economy and the integration of development, trade in services has become an important driving force and source of the current international economic and trade growth. Since joining WTO in 2001, China’s service trade opening steadily expanded, the status of service trade in the foreign trade of the gradual increase in the Chinese. Although China’s service trade has a rapid development, from an overall point of view, the development still remain relatively backward with low level of opening. What’s more, compared with the world service trade power, there is a very big disparity between them. This paper expounds the present situation of the development of service trade in China, analyzes the existing problems, and puts forward some countermeasures and suggestions to promote China’s service trade development.

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With the globalization of the world economy and the integration of development, trade in services has become an important driving force and source of the current international economic and trade growth. Since joining WTO in 2001, China’s service trade opening steadily expanded, the status of service trade in the foreign trade of the gradual increase in the Chinese. Although China’s service trade has a rapid development, from an overall point of view, the development still remain relatively backward with low level of opening. What’s more, compared with the world service trade power, there is a very big disparity between them. This paper expounds the present situation of the development of service trade in China, analyzes the existing problems, and puts forward some countermeasures and suggestions to promote China’s service trade development.

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Available abstract

With the globalization of the world economy and the integration of development, trade in services has become an important driving force and source of the current international economic and trade growth. Since joining WTO in 2001, China’s service trade opening steadily expanded, the status of service trade in the foreign trade of the gradual increase in the Chinese. Although China’s service trade has a rapid development, from an overall point of view, the development still remain relatively backward with low level of opening. What’s more, compared with the world service trade power, there is a very big disparity between them. This paper expounds the present situation of the development of service trade in China, analyzes the existing problems, and puts forward some countermeasures and suggestions to promote China’s service trade development.

Key concepts: China, International trade, Globalization, Trade barrier, Service (business), Economic integration, Business, Point (geometry)

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