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CIFTIS brings new opportunities for BRI countries

CIFTIS brings new opportunities for BRI countries 服贸会
2023-10-22
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The Belt and Road Initiative is an open and inclusive cooperation platform and a global public product jointly created by every party. With the permanent slogan of "Global Services, Shared Prosperity", CIFTIS is the largest comprehensive exhibition in the field of global trade in services. What kind of sparks will come out when the "the Belt and Road" meets the trade fair? At the 2023 CIFTIS, a series of thematic events were held to promote the joint development of the Belt and Road, including exhibitions and displays of unique products from relevant countries, forums and conferences on win-win BRI cooperation, and the release of relevant achievements. CIFTIS has become an important platform for China to deepen cooperation with BRI countries.

 

Photo Credit: Xinhua News Agency


Starting from this issue, we present the service trade stories of 10th Anniversary of Belt and Road Initiative, which take you to review the wonderful moments of the "the Belt and Road" at the service trade fair. 



At the 2023 CIFTIS, the booths of Belt and Road countries attracted numerous visitors with a wide range of featured products, such as Pakistani jewelry and carpets, Georgian red wine, and Iranian handicrafts. Through CIFTIS, a comprehensive, state-level exhibition with global reach, enterprises from Belt and Road countries promoted their products and services and expanded their cooperation with China in service trade. 

 

At the fair, Amir Ghorbanali, director of China Iran Trade Promotion Center, gave a warm welcome to visitors and showed them exquisite handicrafts from Iran. "This is the second time that Iran has participated in CIFTIS. This time we have showcased products and services of 10 enterprises, with the hope of finding more partners and especially selling more quality products of Iran to China through e-commerce platforms, thereby further promoting trade cooperation between the two countries," said Amir. 


Photo Credit: CCTV News 


Amir added that Iran, one of the important countries in the joint development of the Belt and Road, signed a 25-year comprehensive cooperation agreement with China. Now is the best period of opportunities for China-Iran cooperation, especially in high-tech sectors. "We hope that e-commerce platforms, while facilitating and supporting the export of Iranian products to China, can also promote Chinese enterprise's trade in Iran by recommending Chinese products to the country." 


At this year's CIFTIS, 11 Pakistani enterprises formed an exhibition group to showcase their products such as jewelry and carpets. Some logistics and AI enterprises also came to seek cooperation. Pakistan jeweler Ahmed Aqeel brought his products to the fair for the second time. At present, he has opened two jewelry shops in Shanghai and Shenyang. Given the brisk business, he is planning to open a third one in Chaoyang District, Beijing. 


Photo Credit: Xinhua News Agency


Ahmed noted that remarkable results have been achieved in the development of the China-Pakistan Economic Corridor under the Belt and Road Initiative. Today, favorable policies for industrial parks in the corridor have attracted many enterprises, bringing plenty of job opportunities. "Pakistan and China have broad prospects for cooperation in service trade, and we are upbeat about the potential of the Chinese market." 

 

With the theme "Nation of Health and Modern Medicine", the exhibition area of Thailand focused on showcasing Thai medical and health services. Sakarn Saensopa, commercial consul of Thailand's Consulate-General in Shanghai, said that the Belt and Road Initiative is contributing to continuous improvement in the infrastructure of all relevant countries and closer people-to-people ties. "We hope to showcase and promote more achievements of Thailand in service trade, and help Thai enterprises find more cooperation opportunities in the Chinese market." 


Photo Credit: www.news.cn


The green-decorated Irish National Pavilion was very eye-catching, evocative of the natural beauty of the European country known as Emerald Isle. Ann Derwin, ambassador of Ireland to China, attended this year's CIFTIS. She emphasized that Ireland enjoys well-developed medical technology and pharmaceutical industries. 14 of the world's top 15 medical companies have set up their headquarters or branches in Ireland, one of the largest medical technology suppliers in the world. China has a huge population and a growing middle-class consumer group, which means a huge market size. Therefore, Ireland and China have tremendous opportunities for cooperation in the field of health. 



● China International Fair for Trade in Services (CIFTIS) is co-hosted by the Ministry of Commerce of the People’s Republic of China and the People’s Government of Beijing Municipality. 

 CIFTIS is the first state-level global comprehensive fair for trade in services, serving as an exhibition window, communication platform and cooperation bridge for the service industry and trade in services.


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Scan the QR code to follow the service account of CIFTIS.

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中国国际服务贸易交易会(简称服贸会),由商务部、北京市人民政府共同主办,是全球第一个专门为服务贸易搭建的国家级、国际性、综合型服务贸易交易会。
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服贸会 中国国际服务贸易交易会(简称服贸会),由商务部、北京市人民政府共同主办,是全球第一个专门为服务贸易搭建的国家级、国际性、综合型服务贸易交易会。
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