China International Fair for Trade in Services-China International Fair for Trade in Services

The China International Fair for Trade in Services (CIFTIS) (abbreviation: CIFTIS) is the largest comprehensive exhibition in the field of global trade in services and an important showcase and platform for displaying “Chinese services”.

In order to enhance the international competitiveness of my country’s service industry and service trade and give full play to the role of the service industry and service trade in accelerating the transformation of the economic development pattern, CIFTIS was approved by the Party Central Committee and the State Council in 2012 and co-sponsored by the Ministry of Commerce and the Beijing Municipal People’s Government. In 2019, it was renamed the China International Fair for Trade in Services. As China’s economic development enters a new era, the development of the Beijing Fair has also entered a new stage of quality improvement and upgrading. In 2020, the abbreviation of the China International Fair for Trade in Services was changed from “Beijing Fair” to “”. “Service Fair”. It has become an important platform for disseminating ideas, connecting supply and demand, sharing business opportunities and jointly promoting development in the field of international trade in services. It is the largest comprehensive exhibition in the field of global trade in services and the leading exhibition in the field of trade in services in China, it is the same as the China Import and Export Fair (Canton Fair) and the China International Import Expo (CIIE) have become the three major exhibition platforms for China to the outside world.

The latest CIFTIS exhibition attracted 7,364 domestic and foreign enterprises to participate in online and offline exhibitions, an increase of 37% over the previous session. Among them, 2,400 enterprises participated in the offline exhibition, an increase of 6% over the previous session. Among them, Fortune 500 companies and industry leaders accounted for 21%, an increase of 12 percentage points over the previous session. 6,511 booths were built online, including 4,961 purely online exhibitors, an increase of about 60% year-on-year. More than 30,000 exhibits were uploaded, and a number of successful results were achieved. The total number of results and transaction amount exceeded the previous session. The CIFTIS 2021 digital platform includes five major scenarios: exhibitions, conferences, negotiations, trade, and digital services. Most companies participate in the online exhibition and use 2D and 3D technologies to build it. A total of nearly 40 scenarios have been improved or upgraded. based on last year Functional points to improve the user experience for organizers, exhibitors and visitors.