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China has pledged to open wider to the outside world during the 2020 China International Fair for Trade in Services concluded Wednesday, announcing decisions to roll out a negative list for cross-border trade in services and further ease market access for the sector.

China has provided continuous support to the growth of those firms, including lowering financing costs and improving the operating environment.

China has scaled up efforts to stabilize foreign trade and investment amid the rapid global spread of the novel coronavirus, with experts calling for bigger tax cuts to help the country's export-oriented businesses ride out the outbreak.

China is actively shaping a new development paradigm while it expands domestic demand and opening-up, which will bring new opportunities to Germany, Xi said.

China is keen on increasing participation by Finnish companies at the second China International Import Expo in Shanghai later this year, a visiting delegation said in Helsinki on Tuesday.