Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 48 , 01 December 2023
Open
Access | Article
Research on the Development Strategy of China's Service Trade under the Background of the COVID-19 Pandemic
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Abstract
Service Trade is one of the key topics of current research. With the impact and changes brought about by the out break of COVID-19 pandemic on China’s service trade, China is facing a series of challenges such as changing consumer demands, insufficient openness, cross-border cooperation, and sustainable development. Based on literature review and analysis, this paper sorts out the traditional field of China’s service trade from its initial stage. It explores the transition from a marginal role to a prominent position in the period from 1978 to 2001. It further invetigates the increasing internationalization of China’s service trade from 2001 to 2012. Since 2013, China’s service trade has entered a new phase of development. China’s trade in services has continued to go up, especially in emerging areas such as digitalization, the Internet, and cross-border e-commerce. To obtain comprehensive information and data, this research examines relevant literature and policy documents on China’s service trade, focusing on strategic adjustments and development in response to the influence of the pandemic. The study indicates that in the context of the pandemic, China’s service trade strategy is characterized by diversification and flexibility, which will help reinforce the competitiveness of China’s service trade and boost the recovery and development of the global economy.
Keywords
COVID-19, China’s service trade, strategic discussion
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-143-8
- ISBN (Online)
- 978-1-83558-144-5
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/48/20230419
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited