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

Changhong and Grundig Announce Strategic Partnership

NUREMBERG, GERMANY - Media OutReach Newswire - 30 March 2026 - Changhong, a leading Chinese home appliance brand, has announced a strategic partnership with European brand Grundig. Under the agree...

CPA Australia Survey: Practical AI adoption and easier financing drive Taiwan SME confidence to a five year high

TAIPEI, TAIWAN - Media OutReach Newswire - 30 March 2026 - More than half of Taiwan's small businesses recorded growth in 2025, while confidence heading into 2026 climbed to its highest level sinc...

Spotlight Asia’s Shaun Pham Named Male Icon – Businessman of the Year 2025 by Men’s Folio Vietnam

BANGKOK, THAILAND - Media OutReach Newswire - 10 December 2025 - Shaun Pham, Founder and CEO of Spotlight Asia, has been named Male Icon – Businessman of the Year in PR & Communications by M...

Hongkong Land Foundation launches "AI for Good" Hackathon to strengthen community impact

A collaborative initiative bringing together NGOs, youth and academic partners to deliver community solutions Leveraging AI and youth perspectives to address social issues ...

China's 15th Five-Year Plan: Charting Solutions in an Uncertain World

CGTN's special feature explores potential impacts of China’s 15th Five-Year Plan beyond its borders. BEIJING, CHINA - Media OutReach Newswire - 27 March 2026 - As policymakers and business leaders...

Hang Lung’s Westlake 66 Commences Soft Opening on April 28

HONG KONG SAR and SHANGHAI, CHINA - Media OutReach Newswire - 30 March 2026 - Hang Lung Properties Limited ("Hang Lung" or the "Company"; stock code: 00101) today announced that Westlake 66 in Han...

PolyU researchers pioneer novel multi-energy field-assisted diamond cutting technology, enabling ultra-precision manufacturing for high-performance materials

HONG KONG SAR - Media OutReach Newswire - 30 March 2026 - Machining, involving the precise cutting and shaping of materials, is a key manufacturing process. As industries increasingly adopt the us...

Seed Medical Launches Comprehensive Psychiatric Services Hong Kong Mental Health Hits Record High; Experts Warn on AI Reliance

HONG KONG SAR - Media OutReach Newswire - 30 March 2026 - Mental health in Hong Kong has reached a critical "red light" status. According to last year's "The Mental Health Association of Hong Kong...

Samsung Solve for Tomorrow 2025-26 Concludes Youth-Driven AI Forges Sustainable & Sports Tech Futures Igniting Creativity and Practical Skills

Hong Kong Institute of Vocational Education (Shatin), St. Paul's College, Tai Po Old Market Public School Crowned Champions with St. Paul's Convent School Named Most Active Participant HONG KONG SA...

Vantage Data Centers Partners with Malaysia Forest Fund to Advance Malaysia’s Sustainability Agenda

Funding initiatives under the Forest Conservation Certificate to support sustainable forestry and biodiversity protection SINGAPORE & MALAYSIA - Media OutReach Newswire - 30 March 2026 - Vant...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...

How to Apply for More Jobs in Less Time Using AI Automation

Most job seekers spend 11 to 14 hours per week on applications and still hear nothing back. That's not a motivation problem. That's a process proble...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...