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Academic Journal of Business & Management, 2023, 5(14); doi: 10.25236/AJBM.2023.051417.

Analysis on the Current Situation and Countermeasures of China's Service Trade Development

Author(s)

Chengwen Kang, Huiran Zhang

Corresponding Author:
Chengwen Kang
Affiliation(s)

School of Economics, Harbin University of Commerce, Harbin, Heilongjiang, China

Abstract

Currently, China's service trade is developing rapidly, with the scale of trade imports and exports increasing and the comprehensive trade index improving. However, the service trade deficit is large, the export structure is not reasonable, and there is also a lack of competitiveness in the international arena. In the process of development, China's service trade faces many challenges, such as weak discourse power in international trade rules, insufficient openness, poor business environment, and extremely unreasonable trade structure. We should actively participate in the formulation of global digital trade rules, optimize the business environment, improve technological innovation, and promote the high-quality development of service trade.

Keywords

Service Trade, Trade Structure, Coping Strategies

Cite This Paper

Chengwen Kang, Huiran Zhang. Analysis on the Current Situation and Countermeasures of China's Service Trade Development. Academic Journal of Business & Management (2023) Vol. 5, Issue 14: 96-101. https://doi.org/10.25236/AJBM.2023.051417.

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