Gathering Consensus on Development and Jointly Going to the East - Written on the Opening of the 2023 China International Fair for Trade in Services

Release time:Apr 16, 2024 05:27 AM

In the golden autumn season, the fragrance of osmanthus wafts. The 2023 China International Fair for Trade in Services, with the annual theme of "Openness Leading Development, Cooperation and Win Win Future", will be held in Beijing from September 2nd to 6th.

In the unprecedented great changes in the world, demonstrate a firm determination to expand opening up; In the new round of technological revolution and industrial transformation, gather a broad consensus to deepen cooperation; In promoting the process of global economic recovery, unleashing the sustained driving force of innovation... The 2023 China International Fair for Trade in Services will attract the world's attention and jointly draw a blueprint for development.

Consolidate consensus and depict a new landscape of service trade development

The 224 square meter British Pavilion of the Guest of Honor has been completed and is ready in the exhibition area of the National Convention Center of this year's Fair for Trade in Services. The Tower Bridge of London, scaled down and replicated in a 1:8 scale, stands between them.

Gathering Consensus on Development and Jointly Going to the East - Written on the Opening of the 2023 China International Fair for Trade in Services

Kang Peng, Marketing Director of the UK Department of Commerce and Trade and Director of the UK Pavilion, introduced that Tower Bridge in London represents the connection between China and the UK, especially in terms of trade cooperation. "On the opening day of the UK Pavilion, a button will be pressed to officially open this tower bridge, symbolizing the smooth and rapid growth of trade between China and the UK."

This is an interior shot of the National Convention Center taken on September 1st. Photo by Xinhua News Agency reporter Li Xin

Resonant with global economic development and growing together with China's service trade. Since its establishment in 2012, the China International Fair for Trade in Services (CIFTIS) and its predecessor, the Beijing International Fair, have attracted over 600000 exhibitors from 196 countries and regions, as well as over 600 foreign associations and institutions from various countries and regions. After the upgrading and upgrading in 2020, the influence and attention of the China International Fair for Trade in Services have continued to expand, and the level of specialization and internationalization has significantly increased. It has become an important platform for China to expand opening up, deepen cooperation, and lead innovation. It has built a bridge and link for communication, exchange, and cooperation in global finance, health, education, transportation, construction, communication, culture, law, and other fields.

Vice Mayor of Beijing, Sima Hong, introduced that the guest of honor of this year's Service Trade Fair, the UK, has formed the largest exhibition group since its participation. In addition, 51 countries and 24 international organizations have set up exhibitions and conferences, with over 2200 companies participating offline, attracting more than 500 Fortune Global 500 and industry leaders to attend. The overall internationalization rate has exceeded 20%.

Green and low-carbon, technological innovation, artificial intelligence... This year's Service Trade Fair will further focus on cutting-edge fields, setting up comprehensive exhibitions and 9 special exhibitions to showcase specialized and innovative achievements in chip technology, quantum measurement and control, satellite remote sensing, artificial intelligence, digital healthcare, and more than 60 enterprises and institutions will launch a batch of new products and technologies in fields such as artificial intelligence, financial technology, medical health, and cultural creativity.

This is a single hole endoscopic surgical robot captured on September 1st at the National Convention Center. Photo by Xinhua News Agency reporter Ren Chao

Gu Fan, General Manager of the Strategic Business Development Department of Amazon Cloud Technology in Greater China, said that this year the company will participate in the International Green Development Summit and release the latest achievements of generative artificial intelligence. We hope to strengthen communication and cooperation with domestic and foreign experts from various industries, jointly explore the development of digital technologies such as cloud computing and artificial intelligence, and help build a new pattern of digital economy and digital trade.

During this year's Fair for Trade in Services, more than 200 summit forums, forum meetings, and promotion negotiations will be held one after another. More than 100 domestic and foreign ministers, heads of international organizations, academicians, and other guests will attend and speak. More than 100 authoritative information such as the China Service Trade Development Report and the World Tourism City Development Report will be released in a concentrated manner. The new concepts, trends, paths, and consensus on the open development of the service industry and service trade are accelerating their formation at the Fair.

This is the Beijing Tianjin Hebei exhibition area of the 2023 Service Trade Fair, which was filmed on September 1st at the National Convention Center. Photo by Xinhua News Agency reporter Li Xin

Faced with complex and severe domestic and international environments, China's service trade has shown strong development resilience. In 2022, the total import and export volume of services reached nearly 6 trillion yuan, a year-on-year increase of 12.9%, reaching a historic high and ranking second in the world for nine consecutive years. In the first half of this year, it continued to maintain a growth trend, with a total import and export volume of services reaching 3.1 trillion yuan, a year-on-year increase of 8.5%.

Jin Xu, President of the China International Trade Association, believes that the Fair will showcase China's high-quality development achievements and high-level openness, and continue to promote exchanges and cooperation between China and countries around the world.

This is the Shougang Park of the 2023 Service Trade Fair, filmed on August 31st. Photo by Xinhua News Agency reporter Li Xin

Cooperation and win-win, building a new pattern of high-level openness

"Service trade has become a key focus of a new round of high-level opening up, and it is of great significance to do a good job in opening up productive, living, and public service industries and international cooperation." Zhang Yansheng, Chief Researcher of the China Center for International Economic Exchange, believes that in exploring a path of higher-level institutional opening up, a win-win situation for cooperation is accelerating.

Walking into the Jinyu Xingfa Science and Technology Park in Huairou District, a huge 10000 square meter building comes into view, which is Deloitte's corporate education project - Deloitte University. "This project has received strong support from the 'two zones' policy and was officially signed and implemented at the 2021 Service Trade Fair. The civil engineering work has been completed and it is expected to start school next year." Deloitte China Vice Chairman Shi Neng said that after the project is completed, it will meet the learning and exchange needs of over 15000 students every year.

With the continuous promotion of the national service industry's expansion and opening up of comprehensive demonstration zones and the construction of China's free trade pilot zones, a number of industry-leading enterprises and demonstrative foreign investment projects have taken root in Beijing. The first or first batch of policies implemented nationwide continuously release institutional innovation dividends, and the business environment is increasingly optimized to accelerate the benefits of enterprises and the people. As of now, Beijing has launched over 10 special reform plans and nearly 500 measures, with 40 innovative experience cases being promoted nationwide.

This is a digital character shot on September 1st at the National Convention Center. Photo by Xinhua News Agency reporter Ren Chao

The pace of opening up to the outside world is getting bigger and bigger, deep-seated reforms are constantly focusing, the level of factor synergy is continuously improving, and the level of regional development is increasing... The rapid development of service trade not only boosts the confidence of industry development, but also brings policy dividends to enterprise development.

Meituan, which has been attending the conference for four consecutive years, has brought numerous products such as drones, automatic delivery vehicles, and intelligent delivery stations. Looking ahead to this year's Service Trade Fair, the person in charge of Meituan Company is full of confidence: "We hope to use the International Platform of the Service Trade Fair to showcase our concepts and achievements in the field of digital life services to the world."

In order to accelerate the development of high-level service trade with the help of the digital economy, Beijing continues to make efforts and demonstrate its "combination punch": issuing the "20 Beijing Data Articles", establishing the first data asset registration center and cross-border data custody platform in the country, and exploring the establishment of data asset registration, trading and other systems; Online data intellectual property registration platform; The first data export evaluation and personal information export standard contract case has been implemented. In the first half of this year, the added value of Beijing's digital economy accounted for 44.5% of GDP.

On September 1st, media reporters filmed a welcoming robot at the Bank of China booth at the National Convention Center. Photo by Xinhua News Agency reporter Li Xin

Currently, the foundation of China's service industry is continuously consolidating, and the opening up of the service sector to the outside world is deepening. In the process of building a new development pattern, many parts of the country have become a "hot land" for high-level opening up to the outside world, leveraging the "east wind" of policies.

At the end of 2022, the national service industry will expand its comprehensive pilot program to demonstrate the expansion of six pilot cities, including Shenyang, Nanjing, Hangzhou, Wuhan, Guangzhou, and Chengdu; A total of 2883 pilot tasks and measures have been implemented in 28 pilot areas nationwide to deepen innovation and development in service trade; The negative list of foreign investment access continues to shrink... batches of open "experimental fields" are helping China accelerate the establishment of a new open economy system and accelerate the implementation of new measures and proposals for reform.

Mutual benefit and seeking new opportunities for future development

Assistant Minister of Commerce Chen Chunjiang said that during the China International Fair for Trade in Services (CIFTIS), a conference will be held to promote China's policy of expanding its service industry, release authoritative reports, promote innovative cases, attract more multinational companies to invest and develop in China, and provide new opportunities for the world with China's new development.

Since the beginning of this year, the office of the UK China Trade Association in the center of London has been very busy, receiving delegations from multiple regions such as Hainan, Shanghai, Guangdong, Gansu, and Zhejiang.

On September 1st, media reporters interacted with service robots at the National Convention Center. Photo by Xinhua News Agency reporter Liu Mengqi

"The growth rate of China's economy is still very considerable, with the added value of the service industry accounting for more than 50% of GDP, demonstrating a strong driving force for the transformation from manufacturing to a service industry economy." Zhao Tang, President of China and Chief Representative of China for the UK China Trade Association, said that the Fair is China's annual flagship event to promote trade in services and an important platform for China to reach consensus on global cooperation and promote international exchanges. I hope that through the Fair for Trade in Services, the UK's financial and professional service industries can seek new opportunities for development in China.

Ueda Yagi Currency Brokerage Co., Ltd., which signed a contract with the China International Fair for Trade in Services in 2020, completed the approval process that used to take 4 to 5 years from approval to opening in just 13 months. Now, this company is performing well - as of the end of July 2023, there were 2142 cooperating institutions. Huang Hong, Executive Director and President of the company, stated that he looks forward to further increasing the number of cooperation and signed partners through this year's Service Trade Fair.

On September 1st, exhibitors introduced booth information to media reporters at the National Convention Center. Photo by Sun Weitong, journalist from Xinhua News Agency

Using meetings as a medium, the foundation of China's service industry is constantly being consolidated, and the opening up of the service sector to the outside world is continuously deepening. Digitalization and greening are driving innovative development in service trade, accelerating the construction of a large market for sustained opening up of service trade.

"It is expected that the scale of service import and export will continue to grow throughout the year, and the trade structure will continue to be optimized." Chen Chunjiang said that in the next step, the Ministry of Commerce will work with relevant departments to accelerate the introduction of policies and measures related to service trade, actively connect with high standard international economic and trade rules, and steadily promote the opening up of the service trade field to the outside world. According to the unified deployment of the Central Committee of the Communist Party of China and the State Council, we will promote the issuance of the national version and the pilot free trade zone version of the negative list for cross-border service trade, and preliminarily form a system for China's gradient opening of cross-border service trade, promoting the high-quality development of service trade.

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