00:00The Ministry of Commerce says China made steady progress in boosting consumption in
00:05keeping foreign trade resilient despite external pressures.
00:08Service consumption continues.
00:10Retail sales of services rose 5.5% last year.
00:15With cultural, leisure, tourism, and consulting services all recording double-digit.
00:20China also rolled out pilot programs to improve the consumption environment.
00:25Including further easing tax refund policies for shoppers from overseas.
00:30China's foreign trade has remained resilient.
00:35We have coordinated the development of goods, services, and digital trade.
00:40China expanded diversified markets and promoted innovation in trade.
00:45On outbound investment, officials said China's strength and cooperation across industrial
00:50and supply chains, advanced trade and investment integration, and deepened economic cooperation.
00:55Under the Bowden Road Initiative, bilateral and multilateral cooperation.
01:00China also delivered tangible results.
01:05Under head of state diplomacy, China-U.S. economic and trade consultation
01:10made positive progress, helping stabilize global expectations.
01:15China also upgraded the China ASEAN FTA to version 3.0 to implement
01:20its FTA with the Maldives and advanced zero-tariff treatment for African countries.
01:25China has signed 24 free
01:27countries with diplomatic ties to China.
01:28China has signed 24 free
01:30trade agreements with 30 trade agreements with 31 countries and regions, covering 45 percent.
01:35of total goods trade.
01:37officials also said China will further open up its
01:40local market-use.
01:41China-U.S. economic service sector in 2026.
01:42China-U.S. market access will be steadily expanded in areas such
01:45a
01:47price.
01:48China-U.S. market access will be steadily expanded in areas such
01:49a
01:55price.
01:57China in.
01:59China.
02:00China, China, China, China, China, China, China, the
02:09G20, placing emphasis on practical trade that delivers shared gain.
02:14G20, placing emphasis on personal trade.
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