THE 2020 CHINA INTERNATIONAL FAIR FOR TRADE IN SERVICES WAS SUCCESSFULLY HELD IN BEIJING FROM SEPTEMBER 4TH TO 9TH. AS THE FIRST MAJOR INTERNATIONAL ECONOMIC AND TRADE EVENT HELD OFFLINE IN CHINA SINCE THE OUTBREAK OF THE EPIDEMIC, THIS YEAR'S SERVICE TRADE FAIR HAS ATTRACTED GLOBAL ATTENTION AND HAS EXTRAORDINARY SIGNIFICANCE, INJECTING CHINESE MOMENTUM INTO THE WORLD ECONOMY.HOLDING THE SERVICE TRADE FAIR HAS EXTRAORDINARY SIGNIFICANCEAT A TIME WHEN THE COVID-19 IS STILL SPREADING AROUND THE WORLD AND THE WORLD ECONOMY IS FACING SERIOUS CHALLENGES, IT IS OF EXTRAORDINARY SIGNIFICANCE FOR CHINA TO OVERCOME MANY DIFFICULTIES TO HOLD THE TRADE IN SERVICES FAIR.VIGOROUSLY DEVELOPING INTERNATIONAL TRADE IN SERVICES IS NOT ONLY AN INHERENT NEED FOR CHINA'S OWN ECONOMIC DEVELOPMENT, BUT ALSO A NEW DRIVING FORCE FOR PROMOTING WORLD ECONOMIC DEVELOPMENT. HOLDING THE CHINA INTERNATIONAL FAIR FOR TRADE IN SERVICES AS SCHEDULED DURING THIS SPECIAL PERIOD DEMONSTRATES TO THE WORLD CHINA'S FIRM COMMITMENT TO ADVANCING HIGHER-LEVEL OPENING-UP, BUILDING A COMMUNITY WITH A SHARED FUTURE FOR MANKIND AND AN OPEN WORLD ECONOMY THROUGH PRACTICAL ACTIONS, FULLY DEMONSTRATING CHINA'S RESPONSIBILITY AND DRIVING FORCE. HOLDING THE CHINA INTERNATIONAL FAIR FOR TRADE IN SERVICES IS AN INHERENT NEED FOR CHINA'S OWN ECONOMIC DEVELOPMENTVIGOROUSLY DEVELOPING SERVICE TRADE IS AN ACCELERATOR FOR ACCELERATING HIGH-QUALITY ECONOMIC DEVELOPMENT AND AN INEVITABLE REQUIREMENT FOR BUILDING A STRONG TRADING NATION. A STRONG TRADING NATION IS NOT ONLY A STRONG TRADING NATION IN GOODS, BUT ALSO A STRONG TRADING NATION IN SERVICES. ONLY THROUGH THE STRONG ALLIANCE AND VIRTUOUS CYCLE OF TRADE IN SERVICES AND GOODS CAN IT BECOME A TRUE TRADING NATION. AT PRESENT, CHINA'S INTERNATIONAL COMPETITIVENESS IN SERVICE TRADE STILL LAGS BEHIND IN GOODS TRADE. VIGOROUSLY DEVELOPING SERVICE TRADE IS CONDUCIVE TO ACCELERATING THE CONSTRUCTION OF A STRONG TRADING NATION AND IS A NEW DRIVING FORCE FOR STABILIZING ECONOMIC DEVELOPMENT AND FOREIGN TRADE DEVELOPMENT DURING SPECIAL PERIODS.DURING THE EPIDEMIC, THE DEVELOPMENT OF GOODS TRADE HAS BEEN GREATLY IMPACTED DUE TO LOGISTICS AND PEOPLE FLOW INTERRUPTIONS OR DISRUPTIONS. HOWEVER, SERVICE TRADE, WITH ITS CHARACTERISTICS OF DIGITIZATION, NETWORKING, AND INTELLIGENCE, AS WELL AS THE WIDESPREAD APPLICATION OF REMOTE MEDICAL CARE, ONLINE EDUCATION, SHARED PLATFORMS, COLLABORATIVE WORK, CROSS-BORDER E-COMMERCE AND OTHER SERVICE BUSINESSES DURING THE EPIDEMIC, HAS PROVIDED STRONG SUPPORT FOR ECONOMIC STABILITY AND TRADE STABILITY.HOLDING THE CHINA INTERNATIONAL FAIR FOR TRADE IN SERVICES INJECTS CHINESE MOMENTUM INTO THE DEVELOPMENT OF THE WORLD ECONOMYSINCE 2014, CHINA HAS BEEN THE SECOND LARGEST COUNTRY IN GLOBAL SERVICE TRADE FOR SIX CONSECUTIVE YEARS, SECOND ONLY TO THE UNITED STATES. IN THE PAST FIVE YEARS, CHINA'S SERVICE TRADE HAS GROWN AT AN AVERAGE ANNUAL RATE OF 4.7%, AND IN 2019, THE IMPORT AND EXPORT OF SERVICES REACHED 785 BILLION US DOLLARS. THE RAPID DEVELOPMENT OF CHINA'S SERVICE TRADE HAS NOT ONLY CONTRIBUTED TO THE GROWTH OF GLOBAL SERVICE TRADE, BUT ALSO INJECTED CHINESE MOMENTUM INTO THE DEVELOPMENT OF THE GLOBAL ECONOMY.AT PRESENT, CHINA HAS RELEASED THE OVERALL PLAN FOR THE PILOT PROGRAM OF COMPREHENSIVELY DEEPENING INNOVATIVE DEVELOPMENT OF SERVICE TRADE. PRESIDENT XI JINPING HAS CLEARLY STATED THAT CHINA WILL FIRMLY EXPAND ITS OPENING-UP TO THE OUTSIDE WORLD, ESTABLISH AND IMPROVE THE NEGATIVE LIST MANAGEMENT SYSTEM FOR CROSS-BORDER SERVICE TRADE, PROMOTE THE CONSTRUCTION OF PILOT OPEN PLATFORMS FOR INNOVATIVE DEVELOPMENT OF SERVICE TRADE, CONTINUE TO RELAX MARKET ACCESS FOR THE SERVICE INDUSTRY, AND ACTIVELY EXPAND THE IMPORT OF HIGH-QUALITY SERVICES. UNDOUBTEDLY, WITH THE INCREASE IN THE SCALE OF CHINA'S SERVICE TRADE IMPORTS, MORE AND MORE TRADING PARTNERS WILL BENEFIT, AND THE DEGREE OF BENEFIT FOR TRADING PARTNERS WILL ALSO INCREASE.IN GENERAL, THE SUDDEN COVID-19 DID NOT DISRUPT CHINA'S PLAN TO HOLD THE INTERNATIONAL TRADE FAIR IN SERVICES, NOR COULD IT STOP THE STEADY AND HIGH-QUALITY DEVELOPMENT OF CHINA'S ECONOMY. DURING THE EPIDEMIC, CHINA SOUGHT OPPORTUNITIES IN TIMES OF CRISIS, ACCUMULATED THE POTENTIAL FOR A NEW ROUND OF ECONOMIC GROWTH, VIGOROUSLY DEVELOPED INTERNATIONAL TRADE IN SERVICES, ACTIVELY PROMOTED A NEW ROUND OF HIGH-LEVEL OPENING UP TO THE OUTSIDE WORLD, LAID THE FOUNDATION FOR A BETTER TOMORROW FOR THE CHINESE ECONOMY, AND WILL ALSO CONTRIBUTE TO THE RECOVERY AND DEVELOPMENT OF THE WORLD ECONOMY.