China's State Council Information Office (SCIO) outlined bold strategies for advancing global trade cooperation during a high-profile press conference on Wednesday, offering fresh insights into preparations for the 2025 China International Fair for Trade in Services (CIFTIS).
Vice Minister of Commerce Sheng Qiuping emphasized CIFTIS' growing role as a "catalyst for innovation-driven development," revealing plans to expand digital trade platforms and green service industry collaborations. Beijing Vice Mayor Sima Hong detailed infrastructure upgrades and streamlined visa processes to accommodate an expected 20% increase in international participants compared to 2023.
The conference highlighted three key focus areas:
Accelerating cross-border data flow mechanisms
Developing standardized carbon accounting systems for service industries
Expanding professional certification mutual recognition programs
With CIFTIS attracting over 12,000 enterprises from 188 countries and regions in its last edition, the 2025 event is positioned to strengthen Asia's leadership in shaping post-pandemic trade norms. Analysts suggest the fair's emphasis on digital economy integration could create new opportunities in fintech, smart logistics, and AI-driven services.
