The 2023 China International Fair for Trade in Services: Promoting Global Economic Recovery and Opening Up Opportunities

2023-08-15 13:17:00

Xinhua News Agency, Beijing, August 14. “China Securities Journal” published an article on the 14th, “The Service Trade Association will release confidence in opening up to the outside world and promote the recovery of the world economy.” The article stated that on August 13, a reporter from China Securities Journal learned from the press conference of the 2023 China International Fair for Trade in Services “I am waiting for you at the Service Trade Fair” that the 2023 Service Trade Fair will be held from September 2 to 6. Held in the National Convention Center and Shougang Park, the annual theme is “Openness Leads Development, Cooperation and Win-Win Future”. The scale of the exhibition is about 155,000 square meters, with 9 special topics and six types of activities including the Global Service Trade Summit.

Zhang Yi, deputy director of the China International Economic and Technological Exchange Center, said at the press conference that the success of this CIFTIS will help further release my country’s confidence in unswervingly promoting high-level opening up, and will help further attract global resources and elements to accelerate the construction of new The development pattern is conducive to joining hands with other countries to promote the recovery and development of the world economy.

The 2023 CIFTIS press conference and venue tour activities were held in Beijing.Xinhua News Agency

Four Aspects

“This year’s trade in services will have four highlights.” Zhang Yi introduced, one is to further highlight high-level, launch major events and authoritative reports; the other is to further highlight internationalization and play the role of expanding the open platform; Strive to achieve high-performance results; Fourth, further highlight marketization and promote the sustainable development of the CIFTIS, and 6 of the 9 special exhibitions have achieved market-oriented operations.

“The preparations for the 2023 Service Trade Fair are progressing steadily and efficiently as planned.” Zhou Ling, deputy director of the Beijing International Service Trade Center, said that up to now, the exhibition recruitment has been basically completed, and more than 200 forum meetings, promotions and negotiations are planned to be held and other activities.

In addition, Zhou Ling introduced that more than 70 well-known companies and institutions, including Schneider, Intel, Sanofi, Philips, Industrial and Commercial Bank of China, and PICC, will release smart file service centers, digital RMB prepaid cards, and industrial belts at this CIFTIS. The digital map, the new digital twin platform, the “China International Cultural Trade Development Report 2023” and other signed cooperation results, industry development reports and the first show.

Since 2012, the CIFTIS and its predecessor, the Beijing Fair, have attracted more than 600,000 exhibitors from 196 countries and regions, and more than 600 foreign business associations and institutions have participated in the exhibition. Since the quality upgrade in 2020, the Service Trade Fair has reached a new level and has become the largest comprehensive exhibition in the field of global service trade and an international public product for global services.

Create version 3.0 of the Shougang Park Service Trade Fair

“This year is the third consecutive time that Shougang Park has hosted special exhibitions, forums, conferences and other activities of the Service Trade Fair. We will do a good job in service guarantee with higher standards, higher requirements, and higher quality, and create a 3.0 version of the Shougang Park Service Trade Fair , and comprehensively improve the convenience and comfort of participating in the meeting.” He Pengbo, director of the Propaganda Department of the Party Committee of Shougang Group Co., Ltd., said.

He Pengbo said that the 3.0 version of the Shougang Park Service Trade Fair can be briefly summarized as “three threes”, that is, three improvements, three optimizations, and three innovations. The third improvement is to improve the green landscape, making the park more pleasant; improving road traffic, making traffic more efficient; improving supporting services, making the experience more comfortable. The third optimization refers to the optimization of equipment and facilities, more efficient operation; space optimization, more humanized layout; configuration optimization, safer guarantee. Three innovations means innovation presents “One Blast Furnace Metaverse Paradise”; innovates and upgrades Hall 10; innovates and builds a smart operation center.

Zhou Yiwei, general manager of Capital Exhibition (Group) Co., Ltd., introduced the situation of Capital Exhibition Group’s participation in the preparation of the Service Trade Fair.

He said that the National Convention Center area of ​​this CIFTIS is the first to use the National Stadium, and the venue planning will be further optimized. At the same time, more attention will be paid to the outdoor display experience, and the interactive projects will be richer. In addition, a normalized model of “online + offline” has been formed, and the digital platform has been further improved to escort the “never-ending Service Trade Fair”. In addition, the development of “Fuyan” series of cultural and creative derivatives has been intensified, new licensed manufacturers and retailers have been introduced, and a number of derivatives will be launched in a concentrated manner.

Service trade continues to grow

Service trade is an important part of international trade, and has now developed into an important field and an indispensable force for building a new pattern of global common prosperity.

According to data from the Ministry of Commerce, my country’s total import and export of services in 2022 will be 5,980.2 billion yuan, a year-on-year increase of 12.9%. As of 2021, it has ranked second in the world for eight consecutive years.

In the first half of 2023, my country’s service trade will continue to grow. According to statistics from the Ministry of Commerce, my country’s total service import and export volume in the first half of the year was 3,135.84 billion yuan, a year-on-year increase of 8.5%.

The export of knowledge-intensive services has become a new bright spot in the development of my country’s service trade. In the first half of the year, the import and export of knowledge-intensive services was 1,363.92 billion yuan, a year-on-year increase of 12.3%, accounting for 43.5% of the total service import and export, an increase of 1.5 percentage points year-on-year. Among them, the export of knowledge-intensive services was 792.34 billion yuan, an increase of 16%; the import was 571.58 billion yuan, an increase of 7.5%.

“Knowledge-intensive service trade continued to maintain rapid growth in the first half of the year, reflecting the continuous progress of my country’s service trade development.” Zhang Lei, a researcher at the Institute of International Economics and Trade, Shanghai University of International Business and Economics, said that the export of knowledge-intensive services and the upgrading of China’s global value chain industry and The development of the “Belt and Road” is closely related, and the export of knowledge-intensive services has continued to grow faster than imports, which has also led to a reduction in the trade deficit.

Experts believe that my country still has a lot of room for development in the field of service trade. Jing Ran, director of the Department of International Trade at the School of International Economics and Trade at the University of International Business and Economics and project leader of the Digital Trade Laboratory, said that looking at the data of the past six years, from the perspective of the global total, the trade in goods is three to four times the total trade in services . Judging from the data in 2021, my country’s ratio is 7.3 times, and that of the United States is 3.6 times. This also means that there is a lot of room for the development of my country’s service trade.

[Responsible editor: Lu Xiaofan]

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