Wang Wentao, Secretary of the Party Group and Minister of the Ministry of Commerce: Focus on "diversification", "balance" and "trade in services" to promote innovative development of trade.

Wang Wentao, Secretary of the Party Group and Minister of Commerce, stated that in the next step, we will coordinate the "three pillars" of building a strong trading nation, namely goods trade, services trade, and digital trade, implement various policies, and make every effort to stabilize foreign trade. Here are three key words. First is "diversification," which means consolidating and expanding diversified markets. We will host major exhibitions such as the Canton Fair to attract more overseas buyers to purchase, increase support for enterprises participating in overseas exhibitions, optimize public services, continue to publish the "Country Trade Guide" and trade promotion information. We will guide the healthy and standardized development of cross-border e-commerce and other new foreign trade formats and models. China has reached trade agreements with 30 countries and regions, and we will support and guide enterprises to make good use of these agreements to expand trade. Second is "balance," which means promoting balanced trade development. During the 8th China International Import Expo in 2025, we launched the "Share the Big Market Export to China" series of activities. We will continue to expand the influence of the "Export to China" brand, hold a series of docking activities, actively expand imports through exhibition linkage, targeted procurement, and other methods. We will make full use of various trade promotion platforms including the Import Expo to enhance the facilitation of import trade, optimize the source and structure of imported goods, better meet the needs of industrial development and the people's better life. Third is "service trade," which means vigorously developing services trade. We will improve the negative list management system for cross-border service trade and orderly relax market access in the service sector. Following the principle of "one industry, one policy," we will promote the introduction of a batch of more substantial policy measures, accelerate the export of productive services, encourage professional service institutions to enhance international service capabilities, expand the export of emerging services such as research and development, design, consulting, testing, and maintenance relying on innovative advantages such as artificial intelligence, digital economy, and biomedicine, and cultivate new growth points in foreign trade.