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Digital Trade Is a New Perspective for China's Services Trade

A report by the Centre for Research on Industry Development and Information Security in October indicated that in 2019 China's positive digital trade balance was 187 billion yuan, up 46.1% on an annual basis. Telecommunications, computer and information services are the strength and advantage in China's trade in services abroad. Compared to 2018, the trade surplus in these three spheres increased by 17.5% and the country's competitiveness on the international market continues to increase, Radio China reports.
Vice-President of the EU Chamber of Commerce in China Ma Xiaoli said many European countries are actively involved in digital trade because they are aware of the opportunities it provides for access to new markets.

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