The 2024 China International Trade in Services Fair (CIFTIS) is set to open its doors on September 12, marking the first major international event hosted by China following the Third Session of the Twentieth Central Committee of the Communist Party of China. This year’s fair will continue the format of two venues, with events taking place at the China National Convention Center and Shougang Park. All preparatory work is now complete, and the fair is poised to showcase a plethora of groundbreaking achievements.
First Major International Event Post-Party Congress
The CIFTIS is a significant platform for China to demonstrate its commitment to economic globalization and its role as a responsible global stakeholder. This year’s event is particularly noteworthy as it comes after the Third Session of the Twentieth Central Committee, signaling the country’s continued focus on opening up and reform.
Two Venues, Global Participation
The fair will be held at two venues, the China National Convention Center and Shougang Park, offering a comprehensive experience for participants. The event has attracted widespread international attention, with 85 countries and international organizations setting up exhibitions and hosting sessions. Notably, 13 countries and international organizations are participating independently for the first time, showcasing their commitment to the fair and the importance of service trade globally.
France as the Honored Guest Country
France, the honored guest country, has organized a special national pavilion at the China National Convention Center to celebrate the 60th anniversary of Sino-French diplomatic relations. The pavilion will feature cultural and commercial exchanges, highlighting the deep historical and economic ties between the two countries.
Over 200 Integration and Innovation Achievements
One of the highlights of this year’s CIFTIS is the expected release of over 200 integration and innovation achievements by more than 100 enterprises and institutions. These achievements span various sectors, including technology, finance, healthcare, and education, showcasing the cutting-edge advancements and collaborative efforts of global players in the service trade industry.
A Platform for Global Service Trade
The CIFTIS aims to foster a global platform for service trade, adhering to the theme of Sharing Smart Services, Promoting Open Development. The fair will feature a multi-level activity framework system, with a summit at its core, complemented by exhibitions, negotiations, promotions, and the release of achievements. This structure is designed to facilitate international trade and cooperation in the service sector.
International Media Coverage
The fair has garnered significant international media coverage, with over 100 foreign journalists from 73 international media outlets registered to attend. This reflects the global interest in China’s service trade sector and the opportunities it presents for international collaboration and investment.
Keynote Speeches and Panel Discussions
The CIFTIS will also feature a series of keynote speeches and panel discussions by prominent figures from the international service trade community. These sessions will delve into critical issues such as digital transformation, sustainable development, and cross-border collaboration, offering insights and strategies for the future of the service trade industry.
Conclusion
The 2024 China International Trade in Services Fair is set to be a landmark event, showcasing China’s commitment to global economic integration and its leadership in the service trade sector. With the release of over 200 integration and innovation achievements, the fair promises to offer valuable insights and opportunities for businesses and policymakers alike. As the world watches, the CIFTIS is poised to become a beacon of global service trade cooperation and growth.
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