MOFCOM Leads New Initiative to Boost Trade in Services
On September 17, the State Council announced the establishment of a joint ministerial conference system aimed at promoting development of trade in services. The main function of the system will be to help coordinate work on initiatives in the service trade sector, including:
- Research of relevant policies and measures
- Promotion of services import and export
- Establishment of innovative pilot areas and specialized service export bases
- Resolution of problems and promotion of successful experience
The joint conference is comprised of 39 ministries and departments, with the Ministry of Commerce spearheading the initiative.
