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Home Business

Services trade fair closes with an abundance of results

by beijingherald.com
24 September 2024
in Business
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Services trade fair closes with an abundance of results
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People look at a hydrogen-powered motorcycle on display at the 2024 China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China, Sept. 13, 2024. (Photo: Ding Hongfa)

The 2024 China International Fair for Trade in Services (CIFTIS) concluded in Beijing on Monday, achieving some 1,000 practical outcomes, with more than 20 percent of its offline exhibitors being international companies, according to the organizer.

The results achieved during this year’s CIFTIS include transactions and investments in areas such as construction, finance and business services. During the event, a total of 56 sessions were held, including negotiation and promotion meetings for international cooperation projects.

“A total of 111 companies and institutions, including Fortune Global 500 firms and industry leaders, unveiled 219 achievements in digitalization, artificial intelligence (AI) and healthcare, among others, an increase of 80 from the last edition,” Piao Xuedong, head of the municipal Bureau of Commerce, said at a press conference on Monday.

With over 180 forums and activities held during the five-day event, over 2,000 companies attended the fair offline and over 6,000 online. This year’s edition showcased many cutting-edge technologies such as the orthopedic surgery robot equipped with AI deep learning technology, the world’s smallest pacemaker, among others, covering sectors such as AI, cloud computing, metaverse and 6G.

“This year’s CIFTIS has achieved fruitful results, fully demonstrating China’s resolute determination to promote high-quality development through high-level opening-up,” Wang Bo, an official with the Ministry of Commerce, said at the press conference.

Tags: abundanceclosesfairresultsservicestrade
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