At the China International Fair for Trade in Services (CIFTIS) 2024, WTO Deputy Director-General Johanna Hill highlighted the remarkable growth of the Chinese mainland's digital services exports. Between 2015 and 2023, these exports nearly tripled, outpacing other global regions.
Hill commended the Chinese mainland's strategic opening of key sectors, including banking and telecommunications, which have significantly contributed to this growth. She also acknowledged the Chinese mainland's active participation in global initiatives that promote trade in services and e-commerce, reinforcing their commitment to international trade standards.
This impressive performance underscores the Chinese mainland's role as a pivotal player in the global digital economy, fostering innovation and expanding its influence in international markets.
Reference(s):
WTO: China's further opening up of services market commendable
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