What are the problems in China's service trade?

(vii) Long-term deficit in service trade.

1982- 199 1 year, China's service trade exports are basically in a balanced state, maintaining a small surplus. Since 1992 first appeared the deficit of China's service trade, China's service trade has been in a deficit state except for a few years (1994). Especially in recent years, China's service trade deficit has gradually expanded. The deficit in 2004 reached $9.55 billion. Although the deficit in 2005 was slightly lower than that in 2004, it was still as high as $9.26 billion, making it one of the top ten countries in the world with a deficit in service trade exports (see figure 1-8).

(8) The import and export markets are mainly concentrated in developed countries and regions.

The top three countries or regions in China's service trade export are: China, Hongkong, the United States and the European Union; The top three import sources of service trade are China, Hongkong, EU and USA.

According to the report of the Bureau of Economic Analysis of the U.S. Department of Commerce, in recent years, the U.S. service trade surplus with China has been increasing. In the field of cross-border trade, the surplus has been around $2 billion since 2000. In 2005, US service trade exports to China amounted to US$ 9.078 billion, accounting for US$ 6.505 billion, and the surplus expanded to US$ 2.573 billion. According to the report of Eurostat, although the trade volume of services between China and Europe only accounted for 2.5% of the EU in 2004, it increased significantly. From 1994 to 2004, the former EU 15 countries doubled their exports and imports of services to other countries and regions. During the same period, EU exports to China increased sixfold, while China's exports to the EU increased fivefold. In 2004, the EU's surplus with China was 654.38+52 million euros.

(9) The regional development of service trade is extremely unbalanced.

Due to the particularity of service trade, China's service trade is mainly concentrated in developed coastal areas, and the development of each region is very uneven. Due to superior geographical conditions and developed modern service industry, the developed coastal areas have obvious advantages over the mainland in transportation, insurance, computer and information services, consulting services and advertising. At present, they are the main export areas of China's service trade. Among them, Beijing, Shanghai, Guangdong, Zhejiang and Tianjin are in the forefront of national service trade exports. In 2005, Shanghai's service trade exports alone accounted for about 20% of the country.