Business Daily Media

The Times


.

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

Allinton Brings New Engineering Capabilities to MRO Asia-Pacific 2026 as Asia's Aerospace Sector Grows

The move comes as Singapore's aerospace output surges past S$18 billion amid Asia's fastest aviation MRO growth.SINGAPORE – Media OutReach Newswire – 21 September 2026 – Allinton, a Singapore-bas...

Little Footprints Preschool Involves All 47 Centres Nationwide for Community Outreach Day

Babilou Cares 2026 brings together families, educators and community partners at 47 centres for coordinated activities spanning elderly welfare, sustainability, food security and kindness. SINGAP...

BDX Markets Launches Blockchain-Powered Trading Infrastructure Platform Across Asia

New hybrid trading model aims to tackle one of the CFD industry’s biggest challenges: trustSYDNEY, AUSTRALIA – Media OutReach Newswire – 21 September 2026 – New global trading infrastructure compa...

AI-enabled Economic and Trade Cooperation Tightening the Ties of Trade and Investment Cooperation

The 23rd China-ASEAN Business and Investment Summit Held SuccessfullyNANNING, CHINA – Media OutReach Newswire – 18 September 2026 – The 23rd China-ASEAN Business and Investment Summit (CABIS) was ...

MIRAVA Builds Momentum in Europe Following Cannes Yachting Festival Debut

CANNES, FRANCE – Media OutReach Newswire – 21 September 2026 – MIRAVA, the smart boat technology company behind the M800 platform, has concluded its debut at the Cannes Yachting Festival 2026, m...

Phancy Ranks First Overall in IDC’s Assessment of China’s AI Computing Resource Management Platforms, Receiving Full Scores in Four Key Dimensions

HONG KONG SAR - Media OutReach Newswire - 21 September 2026 - Phancy Group Co., Ltd. ("Phancy" or "the Group", stock code: 6682.HK), a leading full-stack enterprise-AI cloud services platform, ran...

Thailand Accelerates Industrial Ecosystem Upgrade to Attract Global Investment

I-EA-T strengthens investment readiness through faster approvals, modern infrastructure and clean energyBANGKOK, THAILAND – Media OutRech Newswire – 21 September 2026 – The Industrial Estate Auth...

Aolani Collaborates With NVIDIA to Expand AI Factory Infrastructure Across Southeast Asia

SINGAPORE - Media OutReach Newswire - 21 September 2026 - Aolani, a Singapore-founded AI Cloud powering AI growth, today announced the signing of a strategic compute collaboration with NVIDIA. ...

Hong Kong sets out strategies to enhance the appeal and add value to the city’s tourism industry

HONG KONG SAR – Media OutReach Newswire – 21 September 2026 – Enhancing the city's appeal as a destination for tourism and major sports and cultural events was a strong focus of the First Five-Yea...

Eureka Marks World Cleanup Day 2026 in Germany with "Find the Unseen" Campaign

BERLIN, GERMANY – Media OutReach Newswire – 21 September 2026 – Eureka marked World Cleanup Day 2026 with its "Find the Unseen" campaign, encouraging people to look more closely at spaces tha...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...