President Xi calls for open, shared services economy

BEIJING: Chinese President Xi Jinping on Wednesday called for an open and shared services economy to inject momentum into the recovery and development of the world economy.
Xi made his remarks in a congratulatory letter to the 2022 China International Fair for Trade in Services (CIFTIS), which opened on Wednesday in Beijing.
Noting the CIFTIS is an important platform for China to expand opening-up, deepen cooperation and lead innovation, Xi said the CIFTIS has made positive contributions to the development of global services sectors and trade in services.China insists on promoting high-quality development with high-level opening up, he pointed out, adding the country has eased market access in the service sector, made cross-border trade in services more open, expanded the function of the platform for opening-up, and strived to establish a high-standard system for opening up the service sector.
Xi also emphasized that China is willing to work with other countries to adhere to true multilateralism and stay committed to benefits for all and win-win cooperation.
The CIFTIS, the biggest comprehensive fair in global trade in services, is being held in Beijing from August 31 to September 5 at the China National Convention Center and Shougang Park.
–The Daily Mail-China Daily news exchange item