The 2024 China International Fair for Trade in Services (CIFTIS), themed \"Global Services, Shared Prosperity\", kicked off in Beijing last Thursday.
Since its inception in 2012, CIFTIS has stood as a testament to China's high-level opening up, serving as a bridge for participants worldwide to enhance communication and collaboration. This event has consistently injected strong momentum into globalization and supported stable economic growth across the globe.
This year, CIFTIS places a strong emphasis on fostering new industries, innovative models, and growth drivers. Central to this initiative is the development of new quality productive forces characterized by advanced technology, high efficiency, and superior quality, all of which are pivotal for China's high-quality economic development.
Amid a technological revolution, CIFTIS 2024 highlights the integration of trade in services with advanced manufacturing. Exhibitors showcased cutting-edge technologies such as satellite internet, big data, low-carbon solutions, and intelligent recognition algorithms. Innovations in new energy vehicles and advancements from major automotive brands also took center stage, demonstrating the vast potential of trade in productive services to drive the synergy between secondary and tertiary sectors.
In addition to technological advancements, the fair introduced new service models and scenarios, including digital cultural tourism, smart education, and intelligent sports. Visitors experienced virtual reality tours of the Great Wall and the Beijing Central Axis, AI-guided traditional exercises like Ba Duan Jin, and captivating robot performances. These innovations illustrate how lifestyle-related trade in services can expand consumer demand and enhance daily experiences.
Looking ahead, China aims to draw on global experiences to further develop new quality productive forces. By expanding international exchanges and collaboration in science, technology, economy, and trade, China seeks to enhance the quality of its economic development and contribute more significantly to global growth.
The Chinese government plans to refine systems and mechanisms for high-level opening up, upgrade trade in services, and align more closely with high-standard international economic and trade rules. Efforts are underway to improve the compatibility of regulations, standards, and management in the service sector, creating a world-class business environment that is market-oriented, law-based, and internationalized.
Reference(s):
CIFTIS empowers development of new quality productive forces
cgtn.com
