Business Daily Media

Men's Weekly

.

Services trade fair shows China's continued commitment to opening up, expert says

BEIJING, CHINA - Media OutReach Newswire - 11 September 2025 - The 2025 China International Fair for Trade in Services underscores China's commitment to high-level opening-up, according to one expert.

The 2025 CIFTIS opened in Beijing , themed “Embrace Intelligent Technologies, Empower Trade in Services”
The 2025 CIFTIS opened in Beijing , themed “Embrace Intelligent Technologies, Empower Trade in Services”

"It is these areas that today determine the transition from traditional services to high-tech and knowledge-intensive solutions," Tolonbek Abdyrov, a professor of economics and vice rector of the International Higher School of Medicine in Kyrgyzstan, told Xinhua, noting China's push in cloud computing, big data, artificial intelligence, fintech, digital healthcare and online education.



This year's fair, scheduled from Wednesday to Sunday in Beijing, will highlight how digital and intelligent technologies are reshaping the sector.

"For the international community, for many countries of the world, this means there is an opportunity not only to access modern technologies, but also to participate in new standards of the global market," he said.

Abdyrov said China continues to improve systems and mechanisms for opening its economy to the world. For developing countries, the professor added, cooperation with China in services offers clear advantages.

A visitor walks past an installation at the venue of upcoming China International Fair for Trade in Services (CIFTIS) at Shougang Park in Beijing, capital of China, Sept. 9, 2025. (Xinhua/Chen Zhonghao)

The 2025 CIFTIS opened in Beijing , themed “Embrace Intelligent Technologies, Empower Trade in Services”
The 2025 CIFTIS opened in Beijing , themed “Embrace Intelligent Technologies, Empower Trade in Services”

"Firstly, this opens access to the world's largest market, where demand for innovative solutions continues to grow. Secondly, China creates conditions for cross-border cooperation, which reduces barriers to entry and exit," he said. That also includes opportunities to advance green and sustainable services, laying the groundwork for long-term partnerships aligned with global development goals.

According to China's Ministry of Commerce, service imports and exports in the first half of 2025 topped 3.8 trillion yuan (533 billion U.S. dollars), up 8 percent year on year. The growth, Abdyrov said, highlights how services are emerging as a strategic sector even as global goods trade slows.

The professor pointed to China's institutional reforms, such as streamlined rules for foreign-funded companies, pilot free trade zones and new digital standards, as examples of how Beijing is promoting openness and innovation.

"These steps not only strengthen China's competitiveness, but also create a platform for equal participation by partners, including emerging economies," Abdyrov said.

He added that the fair will serve not only as a showcase of China's achievements but also as an invitation for other countries to help shape a new generation of global trade rules grounded in innovation, digitalization and sustainable growth.

Hashtag: #CIFTIS

The issuer is solely responsible for the content of this announcement.

News from Asia

Rhenus to Invest $20 Million USD to Drive Business Growth in Philippines with Strategic Expansion in Infrastructure and Services

Rhenus Air & Ocean sets up a head office in Pasay to expand International Freight operations and scale up its Global Shared Service Center.

Hainan Free Trade Port Promotion Conference held in Hong Kong

HONG KONG SAR - Media OutReach Newswire - 10 September 2025 - On the occasion of the 100-day countdown to the island-wide independent customs operation of the Hainan Free Trade Port (Hainan FTZ), ...

inDrive Launched 0% Commission Program to Protect Driver’s Income During Emergency Situation

JAKARTA, INDONESIA - Media OutReach Newswire - 10 September 2025 - inDrive, a global urban mobility platform, reaffirms its commitment to prioritizing the welfare of drivers. As a support measure ...

REMA TIP TOP Acquires Key Assets of Almex Group, Strengthening Global Position in Conveyor Technology

MUNICH, GERMANY - Newsaktuell - 10 September 2025 - REMA TIP TOP acquires significant assets and operations of the Canadian Almex Group. With the acquisition, the company expands its portfolio in t...

Vantage Data Centers Secures $1.6B Investment in APAC Platform from GIC and ADIA

Investment to support accelerated expansion in APAC, including acquisition of hyperscale data center campus in Johor, Malaysia, strengthening Vantage’s position as a market leader in Asia Pacific D...

AUX Commences Trading on Hong Kong Stock Exchange, Launching New Chapter in Global Growth

HONG KONG SAR - Media OutReach Newswire - 10 September 2025 - AUX Electric Co., Ltd. (Stock Code: 2580.HK), the core air conditioning business of AUX Group, listed on the Hong Kong Stock Exchange ...

BeOne Medicines Honored with the Global Oncology Innovation Leadership Award at BIOHK 2025, Supporting "1+" to Accelerate the Delivery of Innovative Cancer Therapies

HONG KONG SAR - Media OutReach Newswire - 11 September 2025 - BeOne Medicines (BeOne)(NASDAQ: ONC; HKEX: 06160; SSE: 688235), was honored today at BIOHK 2025, the Hong Kong International Biotechno...

Gree Showcases Photovoltaic DC Air Conditioning System at Gree Summit Partner, Positioning Singapore as Green Innovation Hub

SINGAPORE - Media OutReach Newswire - 11 September 2025 - Singapore has long been recognized as a pivotal hub in Gree's Southeast Asia growth strategy. With its advanced infrastructure, strong sus...

TIYA Conference 2025: Over 150 Youth Leaders from 15 Countries Gathered to Advance United Nations’ SDGs

Three-day conference in Singapore empowers young changemakers through mentorship and international collaborationSINGAPORE - Media OutReach Newswire - 11 September 2025 - Tzu-Chi Foundation (Singap...

Finex Collaborates with Sharing Happiness to Honor Indonesian Veterans

JAKARTA, INDONESIA - Media OutReach Newswire - 11 September 2025 - Finex, an acclaimed Indonesian broker, and Sharing Happiness, a charity organization, partnered to honor the members of the Indo...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appoint...

Sell by LayBy