General Secretary of the CPC Central Committee Xi Jinping emphasized the growing role of international cooperation in service industries through a congratulatory letter to the 2025 China International Fair for Trade in Services (CIFTIS) on Wednesday. The event, set to convene global business leaders and policymakers, underscores Asia's accelerating shift toward high-value digital and sustainable economic models.
In his message, Xi highlighted China's commitment to 'fostering an open, inclusive, and mutually beneficial services trade ecosystem,' aligning with the nation's dual circulation strategy. Analysts note the fair's focus on cross-border digital solutions and green technology partnerships reflects broader regional trends reshaping supply chains and investment flows.
With over 180 countries and regions participating in last year's edition, CIFTIS has become a critical platform for APEC members and WTO economies to negotiate standards in fintech, healthcare, and intellectual property. The 2025 iteration is expected to feature groundbreaking agreements on AI governance frameworks and carbon-neutral logistics networks.
