Li Daokui, Dean of the China Institute of Economic Thought and Practice of Tsinghua University, said at the Summit Forum of the China International Services Trade Fair in 2020 that digital trade is a highlight of high -quality openness of service trade in China in the dual -cycle era, but the export volume is still insufficient.

According to surging news reports, Li Daokui said that the current Chinese economy has entered a new stage of development, that is, the stage of double -cycle development.The essence of the dual -cycle development stage is based on the domestic market, production factors and technology, and the opening of high -quality opening up. The two wheels coordinate with each other and jointly promote economic development.

Li Daokui said that the two important points of dual -cycle, one is that its own unified market must be done well, and it needs to be improved; the other is to promote the quality of China's economic development with higher quality.

The key to improving domestic demand is to increase the disposable income of the people. Through urbanization and better basic services within the city, the people are more willing and bold to take out the money in the pockets for private consumption. This is the internal cycle.One essential.Li Daokui said.

Li Daokui said that the key to high -quality opening up in the dual -cycle era is the improvement of service trade.In sharp contrast to the proportion of China's GDP, China ’s service trade in the field of international trade is still insufficient.Last year, our product trade surplus was US $ 420 billion (S $ 573.1 billion), but the service trade was $ 260 billion in deficit. Our service trade was far behind its due economic status.

Li Daokui said that service trade is the focus of China's high -quality openness in the future.The potential for China's service trade growth is very large. Talking about a few small numbers, you see that Germany's service trade accounts for 18%of GDP.The United States is about 7%, India is 12%, and we only have 5%, so the high -quality opening of service trade is the top priority of our high -quality openness in the next stage.Li Daokui said.

Li Daokui said that in the dual -cycle era, the highlight of the high -quality and open service trade is digital trade.Because even if the wide -caliber definition of digital trade, China's digital trade accounts for only 4.5%of the global digital trade.This number is not proportional to our own domestic digital economy development.

Li Daokui believes that China's digital trade exports are still not enough.In the next step, we should do a good job of digital trade, do good property rights, privacy protection, etc., and also handle the balance between national security, public safety and personal user experience, and user freedom.More importantly, it is also challenging that internationally cooperates with major countries such as the United States to create a common criterion for digital trade.