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China has become an important growth driver in services trade in recent years, according to a 2019 report issued by the World Trade Organization. China's own official statistics show that the country's trade in services grew from 4.2 billion in 2015 to 5 billion in 2019, with annual average growth hitting 4.7 percent, ranking second in the world.

China has always resolutely opposed the export control measures misused by the United States, as it not only hampers normal trade and cooperation activities between trading partners, but also damages the interests of US companies involved in related areas, the Ministry of Commerce said on Thursday.

China has intensified measures to support the development of Tibetan medicine. An innovation platform of Tibetan medicine jointly built by Beijing, Tibet, Gansu and Qinghai was recently launched. In Qinghai, a program supporting the development of Tibetan medicine was launched in December.

China has intensified efforts for years to promote the use of NEVs to ease pressure on the environment, offering tax exemptions and discounts on car purchases. The government also encouraged carmakers to build more NEV factories and improve the technology.

China has already launched trading of crude oil futures contracts and the Shanghai Gold Benchmark Price in the past few years among its steady moves to further open up the financial sector and commodity market.