Home News Canton Fair Roundtable ① | Expert Advice: Guangzhou Should Become a Service Trade Hub_Foreign Trade

Canton Fair Roundtable ① | Expert Advice: Guangzhou Should Become a Service Trade Hub_Foreign Trade

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Original title: Canton Fair Roundtable ① | Expert Advice: Guangzhou Should Become a Service Trade Hub

In recent years, new foreign trade models and businesses represented by cross-border e-commerce have developed rapidly. In 2020, China’s cross-border e-commerce net exports will reach 1.69 trillion yuan, an increase of 31.1%, and the scale of cross-border e-commerce will increase nearly 10 times in five years. In the past five years, the annual growth rate of Guangzhou’s trade in services has reached 9.75%, and the scale of trade in services has grown from less than US$30 billion to more than US$50 billion, and its share of foreign trade has increased year by year. Trade innovation has already blossomed. Under the new dual-cycle development pattern, how should trade innovation be used? How can the 130th Canton Fair adapt to and continue to promote trade innovation? In this roundtable meeting of the Canton Fair, Guangzhou Daily invited Wang Yiming, vice chairman of the China International Economic Exchange Center and former deputy director of the Development Research Center of the State Council, Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, Xie Lujiang, professor of economics at the Central Party School, Guangdong Foreign Languages Experts such as Dong Xiaolin, former vice president of the University of Foreign Trade, and Deng Jiangnian, deputy director of the Institute of International Economics of the Guangdong Academy of Social Sciences, discussed relevant topics.

Wang Yiming:Guangzhou must not only become a hub for commodity trade, but also a hub for service trade, so as to further enhance Guangzhou’s national trade hub function. This is the only way for Guangzhou’s trade innovation and development.

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Wang Yiming: Vice Chairman of China Center for International Economic Exchanges, Former Deputy Director of Development Research Center of the State Council

Bai Ming:The online and offline integrated exhibition of the Canton Fair will better play the role of resource optimization, promote the common development of the industrial chain, supply chain and innovation chain, and realize the benign interaction between the domestic and international markets.

In recent years, new foreign trade models and businesses represented by cross-border e-commerce have developed rapidly. In 2020, China’s cross-border e-commerce net exports will reach 1.69 trillion yuan, an increase of 31.1%, and the scale of cross-border e-commerce will increase nearly 10 times in five years. In the past five years, the annual growth rate of Guangzhou’s trade in services has reached 9.75%, and the scale of trade in services has grown from less than US$30 billion to more than US$50 billion, and its share of foreign trade has increased year by year. Trade innovation has already blossomed. Under the new dual-cycle development pattern, how should trade innovation be used? How can the 130th Canton Fair adapt to and continue to promote trade innovation? In this roundtable meeting of the Canton Fair, Guangzhou Daily invited Wang Yiming, vice chairman of the China International Economic Exchange Center and former deputy director of the Development Research Center of the State Council, Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, Xie Lujiang, professor of economics at the Central Party School, Guangdong Foreign Languages Experts such as Dong Xiaolin, former vice president of the University of Foreign Trade, and Deng Jiangnian, deputy director of the Institute of International Economics of the Guangdong Academy of Social Sciences, discussed relevant topics.

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Wang Yiming:Guangzhou must not only become a hub for commodity trade, but also a hub for service trade, so as to further enhance Guangzhou’s national trade hub function. This is the only way for Guangzhou’s trade innovation and development.

Wang Yiming: Vice Chairman of China Center for International Economic Exchanges, Former Deputy Director of Development Research Center of the State Council

Bai Ming:The online and offline integrated exhibition of the Canton Fair will better play the role of resource optimization, promote the common development of the industrial chain, supply chain and innovation chain, and realize the benign interaction between the domestic and international markets.

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