This is the Shougang Park of the Service Trade Fair photographed on September 5. Photo by Xinhua News Agency reporter Zhang Chenlin
Xinhua News Agency, Beijing, September 5 Title: Injecting Impetus into the Recovery and Development of the World Economy -- Observations of the 2022 China International Fair for Trade in Services
Xinhua News Agency
For 6 consecutive days, more than 2,400 companies participated in the exhibition offline, and hundreds of activities were held intensively... The 2022 China International Fair for Trade in Services came to an end on September 5.
On August 31, President Xi Jinping sent a congratulatory letter to the 2022 China International Fair for Trade in Services, stressing that "working together to promote an open and shared service economy will inject impetus into the recovery and development of the world economy." In the current complex domestic and international situation, China has set up a stage with the Service Trade Fair to declare to the world its consistent proposition of inclusiveness and win-win cooperation.
Promote the achievement of a series of cooperation results
152,000 square meters of exhibition display, 128 thematic forums, 65 promotion and negotiation activities, more than 2,400 offline exhibitors, more than 7,800 online exhibitors, a total of more than 250,000 people. Major achievements in the industry such as the C919 domestic large aircraft C919, the achievement of nuclear power autonomy "Guohe No. 1", the sand table model of the fully automated terminal of Nansha Port were exhibited in a concentrated manner, and more than 60 enterprises and institutions carried more than 100 new products, new technologies and new achievements in the fields of artificial intelligence and financial technology to make their debuts...
Ding Yong, deputy director of the Office of the Executive Committee of the Service Trade Fair and director of the Beijing Municipal Bureau of Commerce, introduced that this session of the Service Trade Fair fully demonstrated the achievements of China's innovative development of trade in services and promoted a series of important cooperation results.
According to preliminary statistics, as of now, a total of 1339 achievements have been achieved, of which 513 projects have been completed.
Brush digital yuan draw blind box, competitive VR virtual football game, 360-degree projection as if in an oil painting... In the exhibition area of Shougang Park of the Service Trade Fair, interactive scenes full of "digital sense" continue to flash, especially the meta-universe experience hall set up for the first time, which is refreshing. Cool digital technology reflects the pulse of the global digital economy and brings vitality and opportunities to the recovery of the world economy under the impact of the epidemic.
Wang Zhihua, deputy director of the Department of Service Trade of the Ministry of Commerce, said that this session of the service trade fair overcame the adverse factors such as the epidemic and was successfully held as scheduled, with many bright spots and fruitful results, and the number of participating enterprises, the degree of internationalization, the scale of transactions and the number of visitors exceeded the previous level, providing a pragmatic cooperation platform and huge market opportunities for all participants, and injecting new vitality into the recovery and development of global service trade.
On September 5th, the audience visited the China Service Trade Achievement Exhibition at the National Convention Center of the Service Trade Fair. Photo by Xinhua News Agency reporter Hao Zhao
Unleash the growth potential of trade in services
According to data from the Ministry of Commerce, since 2012, China's import and export of service trade has maintained a rapid growth momentum, with an average annual growth rate of 6.1%, 3.1 percentage points higher than the global growth rate, and the total amount of service trade ranks second in the world for eight consecutive years.
Li Jun, director of the Institute of International Trade in Services of the Research Institute of the Ministry of Commerce, said that in the context of uncertainty in world economic growth, the "report card" of China's trade in services and the successful holding of the trade fair show the growth potential of China's trade in services.
Digital trade has led to the recovery of global trade in services.
In the booming trade in services, the new trend of digital trade development has attracted widespread attention from guests at home and abroad.
Put on your VR glasses, hold the handles in both hands, and reach out for a penalty, as if you were in a football game... In the 2022 service trade fair exhibition, the virtual scene of the workers' body meta-universe attracted people to stop, and many tourists personally experienced the charm of digital technology.
Sheng Qiuping, vice minister of the Ministry of Commerce, said that digital service trade has become an important force in the recovery of global service trade, and the rapid development of cross-border e-commerce has greatly alleviated the impact of the epidemic on global trade.
——Green innovation leads the new trend of service trade.
In Hall 5 of Shougang Park, carbon reduction "black technology" - green logistics supply chain carbon bill wisdom platform, caused many viewers to stop.
The theme of this year's service trade fair is "Service Cooperation promotes the development of green innovation to meet the future", and a new 16,700-square-meter environmental service special exhibition has been set up to showcase ecological environmental protection, green energy-saving technologies and applications, as well as the huge opportunities contained in green and low-carbon transformation.
The construction of the "Belt and Road" has brought new growth points to the development of trade in services.
Handicrafts from Togo, shea butter from Ghana, alpaca dolls from Peru, jasmine rice from Cambodia... During the service trade fair, the cultural display activities with national characteristics along the "Belt and Road" attracted special attention. More than 30 embassies and international organizations of countries along the "Belt and Road" in China performed on the spot, presenting a cultural feast with a very cultural atmosphere and international characteristics.
"The grape is the totem of the Georgians, and the red wine is the soul of the Georgians." In the Georgia pavilion, a staff member introduced the audience to Georgia's long wine history with fluent Chinese. "This is our third year to participate in the service trade fair, and it is a pleasure to be able to communicate with you face-to-face on the big platform of the service trade fair, hoping to let more people understand the culture of Georgia." He said.
Li Jun said that in 2021, the total service trade between China and countries along the "Belt and Road" will increase by 33%. With the development of information technology, the new type of service trade represented by the Internet, big data and cross-border e-commerce will become a new growth point for service trade cooperation between China and countries along the "Belt and Road".
On September 5, the audience (left) purchased goods at the Iranian booth in the cultural tourism service special exhibition area of the Shougang Park of the Service Trade Fair. Photo by Xinhua News Agency reporter Zhang Fan
Moving forward towards a global shared goal
At the "Beijing Theme Day" of this year's service trade fair, Air China Co., Ltd. and Rolls-Royce jointly established a new civil aircraft engine maintenance joint venture company, Beijing Aero Engine Maintenance Co., Ltd., and officially signed a contract to settle in the Linkong Economic Zone of Beijing Capital International Airport to provide maintenance services for airline customers in Greater China and other regions.
"The announcement of the joint venture is an important milestone for Rolls-Royce in China." Chris Cholerton, president of Rolls-Royce Civil Aviation, said that in the past, he has grown hand in hand and made many achievements, and looks forward to continuing to work together in the future.
Sheng Qiuping said that the service trade will lead the trend of China's service consumption, accelerate the recovery and upgrading of consumption, provide all-round opportunities for enterprises from all countries to actively integrate into China's service market, and provide a platform for Chinese enterprises to make full use of the two international and domestic markets and two kinds of resources to display transactions.
From the perspective of the Chinese market, Yu Bin, deputy director of the Development Research Center of the State Council, said that the rapid expansion of Demand for professional and high-quality services by Chinese enterprises and consumers will provide more development opportunities for multinational companies to operate in China.
During this session of the service trade fair, eight international business associations, multinational banks and professional service institutions, including the Britain-China Business Association, became the first global partners to invest in Beijing.
Zhao Tang, president of the China-Britain Business Council, said that the association will continue to strengthen cooperation with Beijing, actively introduce British enterprises, and assist member companies to do a good job in business development in China. "There is great potential for business cooperation in the field of service trade with China, and we are full of expectations for the Chinese market."
Maya Hua, director of the World Bank's China, Mongolia and Korea Bureau, said that China's recent policy initiatives to expand opening up, such as joining the Regional Comprehensive Economic Partnership (RCEP) and continuing to promote accession to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), show that China has made the opening up of the service sector a priority, which will inject impetus into the global economic recovery after the epidemic. (Reporters Li Bin, Kong Xiangxin, Guo Yujing, JinIng)
Source: Xinhua Net