1. Shanghai issues the country's first service trade negative list

Shanghai, having explored new management modes of cross-border service trade, released a new negative list for cross-border service trade in October 2018, the first of its kind in China.

A total of 159 detailed regulations have been included in the new negative list, covering 31 industries. The new list defined cross-border service trade as "commercial activities delivered by overseas service providers to consumers in the China (Shanghai) Pilot Free Trade Zone".

The new management mode will help Shanghai become a leading global city like London and New York and guide the Yangtze River Delta to become a world-class urban area and a new growth pole of the modern global service trade, Zhang Yansheng, principal researcher at the China Center for International Economic Exchanges, said.