Despite China's economic upgrade, the share of services in the Chinese economy or employment is still similar to some least-developing countries. Many doubt that employment, growth or welfare can be boosted in China without substantive reforms of the services markets.
The recent Third Plenum statement on coming reforms detailed ambitious intentions on financial reforms, foreign investments and liberalisation of utilities, including transports and telecoms. However, many still doubt China’s ability to open up: there are many questions around China’s intention to join the Trade In Services Agreement (TISA) negotiations, or China’s willingness to address its foreign equity caps through investment treaties.
· What are the potential and barriers in Chinese services markets?
· What will be the trajectory of reforms for services industry in the new reform agenda?
· What role will foreign-invested firms play in China, and what role will China play in international services trade?
ECIPE and ESF invite you to a seminar on the future role of China in services trade and investment negotiations with
Mr. Zhiming Zhang, Head of China Research, HSBC
Mr. Guy de Jonquières, Senior Fellow, ECIPE
Mr. Pascal Kerneis, Managing Director, ESF