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Chongqing Mayor Huang Qifan Expects to Building an Inland Opening-up Highland and Accelerating the Service Trade Development


On September 22, Chongqing Mayor Huang Qifan indicated in his keynote speech at the Summit Forum of The 6th International Trade in Services (Chongqing) Summit that, as the construction of an inland opening-up highland goes deeper in Chongqing, Chongqing will shift its focus from manufacturing industry to service industry, especially to emerging service trade industry, and put efforts to promote the development in five aspects.
Mayor Huang Qifan said, against the backdrop of economic globalization, the service trade industry has gained more and more attention from all countries in the world due to its features of low carbon & environmental protection, high employment rate, large value-added space, and high service efficiency. In particular, fueled by technical revolution and industrial revolution, the development pattern of service trade industry is undergoing continuous innovation and upgrading, and the new economic forms are constantly emerging, which has become a trend. Based on this background, China clearly defined the service trade industry as the priority for the subsequent opening up of the country. As the only municipality directly under the central government in western China and one of the national central cities, Chongqing, following the spirits of The 18th National Congress of the Communist Party of China and The Third Plenary Session of the 18th Communist Party of China Central Committee, is committed to the construction of inland opening-up highland. Based on the reform and innovation, Chongqing set up the “efficient custom clearance” system, got through the international “great channel” extending to the west and the east, constructed a “large platform” for open economy development, and established the national internet backbone communication network, thus forming the four new features of “three in one” inland opening-up highland. In doing so, the basic conditions of opening-up are greatly improved in Chongqing, and an excellent environment is offered to the great development of service trade industry.
Mayor Huang said, in recent years, Chongqing gave its priority of opening-up to the manufacturing industry, among the over 10 billion USD annual investment, about 50% of them were invested in the industrial sector. In the future, Chongqing will promote and accelerate the development of service trade industry and shift its focus from manufacturing industry to service industry, especially to emerging service trade industry, while constantly boosting the development of strategic emerging industries in the industrial fields. Chongqing will focus on the five aspects in the service trade industry to seek development, thus driving the rapid growth of other service industries and related industries: I. Developing the R&D, logistics, finance and other sectors by centering on the productive service industry in the processing trade industry chain. At present, Chongqing’s processing trade industry has reached a scale of 500 billion RMB, and the service trade industry will also reach a scale of over 100 billion RMB, correspondingly. II. Developing hub logistics, port logistics, and bonded logistics, as well as wholesale trade, financial settlement, and intermediary services by taking the advantages of land-air-water open port functions. These sectors can not only serve Chongqing, but also influence the surrounding areas, showing great potential market. III. Developing cross-border E-commerce. Chongqing is the only pilot city for cross-border E-commerce business in China, which may facilitate the introduction of whole industry chain of cross-border E-commerce business, e.g. E-commerce platform enterprises, export-import suppliers, cross-border retail and online dealers, cross-border logistics, gross settlement, and data processing, thus building itself a key cross-border E-commerce industry base in China. IV. Making use of the innovative bonded trade mode of bonded area platform. The mode includes bonded rent, bonded maintenance, outsourced processing, bonded product display and trade, offshore trade in bonded area, etc. V. Developing the financial service trade industry. It mainly includes offshore financial settlement, cross-border trade RMB settlement, foreign market financing business, etc. Next, we will spare no effort to improving services, optimizing environment, establishing systems, ensuring factors, and promoting investment, so as to offer an excellent environment for promoting the development of new service trade industry better.
   

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