CIFTIS kicks off, China committed to opening door wider to World

BEIJING: As the 2023 China International Fair for Trade in Services (CIFTIS) kicked off Saturday in Beijing, the country has shown the world its unwavering commitment to wider opening up in the services trade sector and a firm determination to further promote global economic recovery.
Delivering a video speech at the Global Trade in Services Summit of the 2023 CIFTIS, Chinese President Xi Jinping on Saturday vowed to work with all countries and parties to advance inclusive development through openness, promote connectivity and integration through cooperation, foster drivers for development through innovation, and create a better future through shared services, in a bid to jointly get the world economy onto the track of sustained recovery.
Themed “openness leads development, cooperation creates a win-win future,” the 2023 CIFTIS takes place in the Chinese capital from September 2 to 6.
Since it was launched in 2012, the CIFTIS has attracted a total of over 600,000 exhibitors from 196 nations and regions. This year, guests from 59 countries and 24 international organizations are taking part in the fair. Over 500 Global Fortune 500 companies and industry-leading enterprises are showcasing their accomplishments at the 2023 CIFTIS, taking the overall internationalization rate to 20 percent.
In his video speech, President Xi stressed that China will make its development environment more open and more inclusive.
“We will expand the globally-oriented network of high-standard free trade areas, actively engage in negotiations on the negative list for trade in services and investment, and open wider in such services areas as telecommunications, tourism, law and vocational examinations. Our national integrated demonstration zone for greater openness in the services sector as well as eligible pilot free trade zones and free trade port will be the first to align their policies with high-standard international economic and trade rules,” said Xi. –The Daily Mail-CGTN news exchange item