WTO Advocates for Expanding Global Services Trade and Digital Cooperation
The WTO emphasizes the critical role of services trade in driving global economic growth, innovation, and sustainable development during the 2024 CIFTIS event.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
U.S. Increases Tariffs on Chinese Products, Sparking Industry Backlash
The U.S. has raised tariffs on Chinese goods, including electric vehicles and solar cells, prompting backlash from industry leaders and warnings from the IMF about potential global trade impacts.
China’s August Economy Steady with Strong Consumer and Industrial Growth
China’s economy remained steady in August with notable growth in consumer markets and industrial output, supported by strong online sales and strategic investments.
WTO Praises Chinese Mainland’s Tripled Digital Services Exports
At CIFTIS 2024, WTO Deputy Director-General Johanna Hill applauded the Chinese mainland’s impressive growth in digital services exports, highlighting their tripling between 2015 and 2023 and further sector openings.
ISO President Commends China’s Leadership in Service Standards
ISO President Sung Hwan Cho praises China’s pivotal role in developing international service standards for tourism, online travel, and exhibitions at CIFTIS 2024.
Australia & Chinese Mainland: ‘Natural Trading Partners’
Australian commercial minister Dominic Trindade describes China and Australia as ‘natural trading partners,’ highlighting the crucial role of services in their longstanding bilateral trade relationship.
CPA Australia President Highlights CIFTIS as Premier Forum for Global Collaboration
CPA Australia’s global president, Dale Pinto, commends CIFTIS for fostering collaboration, innovation sharing, and talent development through strategic partnerships.
XINQI at CIFTIS: New Payment Innovations Make Traveling in China Easier
Discover how new payment solutions unveiled at CIFTIS by XINQI duo make traveling in China more convenient and accessible for foreigners.
China Disappointed as EU Rejects EV Tariff Avoidance Proposals
China expresses disappointment over the EU’s rejection of tariff avoidance proposals for Chinese electric vehicle producers, emphasizing efforts to resolve the trade dispute through dialogue.
China Suspends PwC Operations Over Evergrande Audit
China’s Finance Ministry suspends PwC’s operations for six months and fines its main accounting arm 116 million yuan over its work with the troubled Evergrande Group.