Openness leads development, cooperation, and win-win future

Release time:Apr 16, 2024 05:20 AM

In September, Beijing has a refreshing autumn sky. On September 2, 2023, the China International Trade in Services Fair will grandly open in Beijing. Since its establishment in 2012, the China International Fair for Trade in Services has attracted over 600000 exhibitors from 196 countries and regions.

The theme of this year's Service Trade Fair is "Openness leads development, cooperation wins the future", with an exhibition scale of 155000 square meters. The comprehensive exhibition is located in the National Convention Center, 9 special exhibitions are located in the Shougang Park and the National Sports Center, and more than 2400 enterprises participate offline. Guests from the global political, business and academic circles gather together to discuss cooperation and seek development, injecting new momentum into the development of global service trade.

Consolidate consensus, with high-level openness and resounding steps

As an important window for China to expand its opening-up, the Service Trade Fair attracts new and old friends from around the world to actively participate.

Qualcomm has been attending conferences for four consecutive years, and will focus on showcasing the cooperation achievements between cutting-edge technology fields such as 5G, big language models, and virtual reality with Chinese industrial partners at this year's Service Trade Fair.

"We attach great importance to the platform and opportunities provided by the Fair for Trade in Services," said Meng Pu, Chairman of Qualcomm China. "Our participation in the Fair over the past four years demonstrates our confidence in the development prospects of the Chinese market."

"The Service Trade Fair closely connects China and the world, injecting Chinese momentum into global economic growth." The relevant person in charge of Panasonic Electric Co., Ltd. stated that this year Panasonic's first offline exhibition at the Service Trade Fair brings solutions centered on environmental and living space businesses. At present, Panasonic's business scale in China has reached over 120 billion yuan, accounting for 27% of the overall scale of the group. It has 68 corporate entities and 40000 employees in China.

Currently, the service industry and service trade have become the focus of a new round of high-level opening up. Zhao Ping, Dean of the Research Institute of the China Council for the Promotion of International Trade, stated that China's hosting of a series of large-scale international exhibitions, such as the Fair for Trade in Services, continuously provides new opportunities for the world with China's new development, and will effectively promote the development of the global service industry and service trade, making greater contributions to boosting the world economy.

Since the beginning of this year, the establishment of comprehensive pilot projects to expand the opening up of the service industry, the promotion of the third batch of best practice cases in comprehensively deepening the pilot projects for innovative development of service trade, and the hosting of the Service Trade Fair have fully demonstrated China's firm determination to expand the opening up of the service industry to the outside world.

Assisting global openness and development, the internationalization level of this year's Fair for Trade in Services has further improved. 59 countries and 24 international organizations held exhibitions and conferences, with a total of 12 more than the previous one. More than 500 Fortune Global 500 companies and industry leaders participated, with an overall internationalization rate of over 20%.

Sharing and win-win, pragmatic promotion of deep level cooperation

This year's Service Trade Fair focuses on international cooperation and offline activities, using exhibitions to drive trade and investment docking and negotiations.

This year's Service Trade Fair will hold the first "Investment in China Year" service industry expansion and opening-up promotion conference, attracting more multinational companies to invest and develop in China. The theme of this event is "Global New Opportunities in China's Service Industry", which focuses on promoting China's policy of expanding its service industry opening up, allowing all parties to better understand China's open development, diversity and inclusiveness. The "National Service Industry Comprehensive Pilot Demonstration Development Report 2023" will be released, presenting the development trend of China's service industry expanding its opening up to the world and providing more valuable references for investing in China.

During this year's Fair for Trade in Services, the first United Nations convention named after a Chinese city, the Beijing Convention on the Judicial Sale of Ships, will also be signed, which will help enhance the enthusiasm of financial institutions for ship financing and promote further prosperity in international shipping and trade.

In terms of exhibition display, more achievements of division of labor, cooperation, and mutual benefit will emerge at the Service Trade Fair.

The automobile manufacturing plant with the largest one-time investment in Africa, BAIC Motor Plant of South Africa, photovoltaic project in Eritrea, and pension project in Zambia, have been deeply involved in the overseas market for more than 30 years. China Construction Second Engineering Bureau has actively participated in the high-quality co construction of the "the Belt and Road", with its business footprint covering more than 20 countries and regions around the world, steadily expanding overseas business development with a sound global supply system, so that Made in China can better serve the world. At this year's Service Trade Fair, China Construction Second Engineering Bureau continued to bring a series of intelligent, green, low-carbon equipment and energy-saving and environmental protection products to assist in the innovation of industry product layout.

With the support of open platforms such as the Fair for Trade in Services and the comprehensive pilot program for expanding the opening up of the service industry, China's service trade has maintained rapid growth and demonstrated strong 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 the ninth consecutive year. In the first seven months of this year, China's service trade continued to maintain a growth trend, with a total import and export volume of 3666.91 billion yuan, a year-on-year increase of 8.1%.

Innovation leads, high-quality development momentum surges

Chip technology, quantum measurement and control, satellite remote sensing, artificial intelligence, digital healthcare... At this year's Service Trade Fair, a series of new technologies and achievements will be exhibited, further enhancing the leading role of technological innovation, model innovation, and business innovation.

There are highlights in the field of healthcare. At this year's Service Trade Fair, General Technology Group will focus on showcasing new technologies, services, and solutions in the fields of medical services, health management, and elderly care services, including remote electrocardiogram centers, brain tissue channel measurement analyzers, health detection all-in-one machines, and digital exercise prescription systems. "We hope to leverage the operational advantages of industry aggregation, business collaboration, and resource sharing, as well as the industrial advantages of multiple business areas, wide network coverage, and complete levels of medical institutions, to build a comprehensive and comprehensive health ecosystem, providing people with full lifecycle medical and health products and services that integrate prevention, treatment, rehabilitation, and elderly care." The relevant person in charge of General Technology Group introduced.

At Shougang Park, a digital avenue is ready. Bank of Communications invites 7 merchants to jointly create digital RMB consumption scenarios such as food, entertainment, health, film and television, and leisure, presenting a rich and colorful digital currency consumption experience for the audience. In recent years, Bank of Communications has continuously expanded and innovated the application scenarios of digital RMB, and currently supports the integrated application of digital RMB in areas such as transportation, catering and accommodation, shopping and consumption, cultural tourism, medical and health care.

Assist in the high-quality development of cross-border e-commerce. Cainiao Group will showcase leading international express delivery products such as "Global Five Day Delivery", domestic supply chain products with "high elasticity, full coverage, and layering", and new technologies and products such as smart packaging materials. "The annual shipment volume of Cainiao RFID chips we showcase has exceeded 100 million pieces, and green circulation boxes and green supply chain services have also reached cooperation with multiple global fast-moving consumer goods brand merchants. The relevant person in charge of Cainiao Group stated that Cainiao will continue to build a global smart logistics network, explore digital applications, and provide full chain visualization solutions for domestic products going abroad.".

As the official technical service provider of the conference, JD Cloud has been assisting in the construction of the digital platform for the Service Trade Fair for four consecutive years. After infrastructure construction in 2020, business matching in 2021, and comprehensive improvement of digital service capabilities in 2022, JD Cloud Exhibition Cloud in 2023 will focus more on cost, efficiency, and experience to create a more efficient digital service platform. During the Service Trade Fair, JD Technology will also hold the Beijing Tianjin Hebei Government Collaborative Service Innovation Forum and the Digital RMB Promotion Supply Chain Finance Development Forum, continuously deepening the integration of digital and real economy, and serving thousands of industries.

The relevant person in charge of the Ministry of Commerce stated that currently, China's service sector continues to deepen its opening-up to the outside world, and the digital and green "dual wheel drive" service trade innovation and development. In the next step, we will work with relevant departments to accelerate the introduction of policies and measures related to trade in services, promote the high-quality development of trade in services, play a greater role in the construction of a trade power, and make new and greater contributions to the construction of Chinese path to modernization.

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