On September 24, a notice regarding “Several Policy Measures to Promote Service Exports” was jointly issued by nine departments.
The notice puts forward 13 policy measures: making full use of central and local funding channels to actively support service exports; enhancing the leveraging role of the service trade innovation and development guidance fund; optimizing zero-tax declaration procedures for service exports; increasing support for export credit insurance; improving the precision of export credit insurance policies; refining bonded supervision systems; facilitating cross-border movement of personnel and inbound consumption; optimizing cross-border capital flow management; enhancing the convenience of cross-border fund settlements for service trade; encouraging the transformation and trading of intellectual property; promoting and regulating cross-border data flow; accelerating the development of international data services; and supporting enterprises in exploring international markets.
The notice requires guiding local authorities to fully utilize existing central and local funding channels to further support new forms and models of service exports such as digital services, high-end design, research and development, supply chain, inspection and testing, accreditation and certification, intellectual property, geographic information, and language services, as well as green services including energy-saving services, resource recycling services, environmental governance services, environmental consulting services, carbon footprint accounting management services, and comprehensive carbon management services, to cultivate key enterprises and projects in service exports.
The notice proposes optimizing visa policies for personnel of foreign-invested enterprises, scientific research technicians, and high-level talents coming to China. It will orderly expand the scope of countries eligible for unilateral visa-free entry to China, continuously optimize visa policies for foreigners, and improve regional visa-free entry policies. It will enhance the convenience of inbound consumption for purposes such as tourism, visiting relatives and friends, medical treatment and wellness, conference and exhibition participation, competition attendance and viewing, study and research, and retirement living.
The notice specifies that a catalog of important data will be formulated, and more operational guidelines for identifying important data will be issued. It will optimize, adjust, and dynamically update the negative list for data exit in pilot free trade zones, and explore the formation of a nationwide negative list for data exit in pilot free trade zones. It will support eligible regions in exploring convenient arrangements for cross-border personal information transfers within multinational companies, allowing personal information to flow freely within multinational companies that have passed evaluation or certification.
центральные каналы финансирования
“Central funding channels” is not a specific cultural site or place, but a term referring to the primary mechanisms and institutions through which a government or central authority allocates financial resources. Historically, these channels have evolved from simple treasuries to complex systems involving ministries of finance, central banks, and budgetary processes. They are crucial for funding public services, infrastructure, and implementing national economic policies.
местные каналы финансирования
фонд инновационного развития торговли услугами
процедуры нулевого налогообложения экспорта услуг
This is a fiscal mechanism, historically implemented in countries like Russia and other CIS nations, to support service exporters. It allows companies that provide services to foreign clients to apply a 0% VAT rate, making their services more competitive internationally by avoiding domestic value-added taxes.