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China said Tuesday it will launch a number of landmark measures this year to significantly broaden market access.
China needs to meet the twin challenges of intensified protectionism and the damage done to global trade and investment activities by COVID-19. The nation may choose to maintain the growth of services trade at a steady clip and accelerate the pace of drafting the negative list for cross-border services trade.
China remained the world's second-largest civil aviation market in 2019. The figure represented a 5.4-percent year-on-year increase, according to the Civil Aviation Administration of China (CAAC).
China only accounts for 2 percent of US steel imports. It is the fourth-largest exporter of solar cells and modules to the US, trailing Malaysia, South Korea and Vietnam.
China lacks international consumption hubs on the level of London, New York or Paris, said Chen Guokai, director of the Market Operation Department of the Ministry of Commerce.
