The 2025 China International Fair for Trade in Services (CIFTIS) opens this Wednesday on the Chinese mainland, inviting businesses and innovators worldwide to explore new opportunities in services trade.
Trade in services is becoming a key growth engine in global commerce. With its services trade volume topping $1 trillion for the first time in 2024, the Chinese mainland has cemented its status as a major global player. This milestone was driven by burgeoning tourism and robust growth in knowledge-intensive services such as finance, research and development, and digital platforms.
- Trade volume topped $1 trillion in 2024—an all-time high.
- Burgeoning tourism led the service export growth.
- Knowledge-intensive services—like finance, R&D and digital platforms—saw strong gains.
- CIFTIS 2025 will showcase these trends and spark new partnerships.
At CIFTIS, young entrepreneurs can tap into seminars on fintech and AI-driven services. Business and tech enthusiasts will find deep dives into digital innovation, while thought leaders can join panels on sustainable tourism and cross-border service policies. Sports and entertainment fans get a front-row seat to cultural exchanges, and travelers can scout immersive, sustainable travel offerings.
As global services trade continues to expand, events like CIFTIS help forge the connections that power the next wave of growth.
Reference(s):
cgtn.com
