2024 CIFTIS Hainan province roadshow successfully held

2024 CIFTIS Hainan Province Promotion Roadshow event site

Yu Xiang, deputy director-general of the Department of Commerce of Hainan Province, addressed the event, stating that Hainan, bridging Chinese mainland and Southeast Asia, the two most active markets in the world, is an important intersection of domestic and international market. General Secretary Xi Jinping has personally participated in the decision, planning, and promotion of the establishment of Hainan Free Trade Port, a major reform and opening-up initiative. During his inspection tour to Hainan Province on April 13, 2022, General Secretary Xi proposed that "Hainan should elevate its modern services industry to international standards and make great efforts in optimizing its industrial structure. It should focus its efforts on the development of modern services like tourism, Internet, medical care, finance, and conventions & exhibitions, and accelerate the innovative development of trade in services, to promote the optimization and upgrading of its services sector and shape an industrial system in which services economy plays a leading role." Moving forward, Hainan will speed up the exploration of effective ways to help the free trade port serve and integrate into the new development paradigm, while opening its arms wider to embrace the future. Hainan Province has been actively participating in previous CIFTIS sessions and will serve as the guest province of honor for the 2024 CIFTIS, to push more Hainan-based enterprises to share business opportunities and promote development together via the CIFTIS platform.

Yu Xiang, Deputy Director-General of the Department of Commerce of Hainan Province

Zhou Ling, deputy director-general of Beijing International Trade in Services Center, addressed the event, extending her heartfelt congratulations to Hainan province on serving as the guest province of honor for the 2024 CIFTIS. The province will also introduce its policies related to the establishment of Hainan Free Trade Port and the latest projects and achievements of service trade enterprises at the fair. In 2024, CIFTIS will fully implement China's major national strategies such as promoting high-quality development and high-level opening-up, and further bolster its role as a crucial platform for China to expand opening-up, deepen cooperation and pioneer innovation. By doing so, it will better serve and integrate into the new development paradigm, thereby helping to build an open world economy. The fair is expected to make greater contributions to China's development of new quality productive forces, deep involvement in the global industrial division of labor and cooperation, and building of a great country on all fronts through a Chinese path to modernization. Focusing on the hot trends of service trade development, 2024 CIFTIS will comprise nine thematic exhibitions on telecommunications, computer and information services, financial services, culture and tourism services, education services, sports services, supply chain and business services, engineering consulting and construction services, health services, and environmental services. The fair will underscore its international, specialized, and market-oriented aspects, with a greater emphasis on its transactional functions. It will continue to establish the trade delegations of central SOEs, state-owned financial enterprises, and Chinese provinces, autonomous regions and municipalities, and will also deepen the role of exhibitors' federations. This year's CIFTIS will invite a vast array of foreign countries and international organizations to host exhibitions and conferences. Moreover, it will strengthen efforts to invite professional visitors to the site for procurement through multiple channels, organize overseas country/region-specific events, and provide accurate services such as supply and demand matching, trade matching, business talks and signing events, offering exhibitors and attendees an abundance of cooperation opportunities.

Zhou Ling, Deputy Director-General of Beijing International Trade in Services Center

Zhu Chunxia, second-class inspector of Beijing Communications Administration, outlined in her address the distinct features of the information and communications sector and the development of the sector in Beijing. She affirmed that as the governing body of the information and communication industry in Beijing, the Beijing Communications Administration will continue to partner with the Beijing Municipal Bureau of Economy and Information Technology to coordinate the organization of the CIFTIS Thematic Exhibition on Telecommunications, Computer & Information Services (ICT Exhibition). Themed "Technology Drives Digital Trade Innovation", the 2024 ICT Exhibition will continue to feature areas around telecommunications services, digital technology, artificial intelligence, integrated circuits, industrial Internet, specialized and new "little giant" enterprises, and cutting-edge international technologies, among others. Meanwhile, it will spotlight the coordinated development of the Beijing-Tianjin-Hebei Region, intelligent manufacturing, innovative commercial cryptography technology, emergency management and disaster relief, and other trending applications in the industry. Furthermore, it will keep pace with the latest trends in the next-generation Internet and consumer electronics industries, characterized by universal large language model, digital human, and virtual reality (VR), and continue to showcase cutting-edge scientific and technological achievements like computing power services, AI-generated content (AIGC), intelligent connectivity, and automatic driving.

Zhu Chunxia, Second-class Inspector (deputy director-general level) of Beijing Communications Administration

Xia Juan, third-class research officer of the International Exchanges Office at Beijing Municipal Bureau of Economy and Information Technology, and Liu Yunxue, general manager of the CIFTIS Center at Beijing Capital Group Exhibitions & Events Co., Ltd., made a presentation on the thematic exhibitions on telecommunications, computer & information services and business services respectively.

The ICT Exhibition of the 2024 CIFTIS will feature areas respectively for telecommunications services, digital technology, smart life, innovative cryptography technology and its application, intelligent manufacturing, and a special exhibition, as well as one cutting-edge metaverse technology innovation and application experience center, displaying new technologies and experiences within the digital economy industry.

Xia Juan, Third-class Research officer of the International Exchanges Office at Beijing Municipal Bureau of Economy and Information Technology

The Thematic Exhibition on Business Services of the 2024 CIFTIS will fully showcase the new landscape and new growth drivers of professional services such as legal services, human resources services, company headquarters services, and cross-border e-commerce services through diverse activities, underscoring its digitally-enabled, specialized and international aspects. To this end, it will further pool related resources, expand its scale, and attract more international participants, thus realizing its upgrading.

Liu Yunxue, General Manager of the CIFTIS Center at Beijing Capital Group Exhibitions & Events Co., Ltd.

Chi Fulin, president of China Institute for Reform and Development (CIRD), delivered a keynote speech at the event. He pinpointed that service trade is an important indicator of high-quality trade development, and is also the key to China's endeavors of steering the industrial chain and value chain toward the medium- and high-end and strengthening its voice in global economic and trade rules. As China's economic structural transformation is at a critical moment, there is a marked increase in the demand for trade in services. Therefore, we should follow the development trend, form a new pattern for opening-up with an emphasis on trade in services, and establish a new system for high-standard open economy that meets the needs of service trade. Chi also proposed a number suggestions, considering the role of CIFTIS as a platform for exchanges and cooperation in global trade in services as well as the development of the Hainan Free Trade Port.

Chi Fulin, President of China Institute for Reform and Development (CIRD)

Zhang Zhengqiang, vice president of Bank of China Hainan Branch, a global partner of the fair, shared the bank's participation in the exhibitions and conferences, and achievements release during the 2023 CIFTIS. He stressed that the bank will fully assist in the preparations for the 2024 CIFTIS and continue to provide support in areas such as investment and exhibition promotion, key activities, business connections, and financial services. Representatives from participating enterprises like ZXCHUHAI and Haikou Office of Beijing Tiantai Law Firm shared their experiences and insights gained from the previous sessions of the CIFTIS, and expressed a keen interest to continue their participation in the upcoming 2024 edition.

Zhang Zhengqiang, Vice President of Bank of China Hainan Branch

Zhou Yiwei, general manager of Beijing Capital Group Exhibitions & Events Co., Ltd., chaired this promotion roadshow and extended sincere invitations to companies and guests from all walks of life on site, hoping all of them will work together to embrace a bright future for service trade by leveraging the CIFTIS platform.

This promotion roadshow also organized related supporting activities such as on-site business exchanges and interactions, and an inspection tour for service trade enterprises to Hainan.

● 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.