With the deepening of economic globalization and industrial restructuring, trade in services has played an increasingly vital role in China”s economic growth in recent years. Riding on the momentum, the country has been keen on boosting and innovating trade in services to keep foreign trade and investment stable.
However, the disruption caused by the COVID-19 pandemic has created many challenges to the global economy. While protectionism and unilateralism are on the rise, international trade and investment activities have sharply declined.
To confront these challenges, China has taken a series of measures in recent years, including the implementation of policies to promote innovation in…