Hey fam, guess what? CIFTIS 2025 just wrapped up and it's not your grandma's trade fair anymore… it's a full-blown rules lab for services trade! 🚀
This year, the fair in Beijing turned the spotlight from flashy booths to shaping global standards. Over 70 countries and international organizations joined forces with nearly 2,000 exhibitors, including 500+ Fortune Global 500 giants. Talk about leveling up! 💼✨
What stole the show? More than 190 cutting-edge innovations, from 3D-printed vascular stents to a thousand-bit photonic quantum computer. We even saw AI-driven biopharma workflows and 5G-powered smart living demos that felt straight out of sci-fi! 🤖⚙️
According to the Digital Trade Development and Cooperation Report 2025, AI is set to revolutionize digital trade across three fronts: how we trade, what we trade, and who's trading. That's why rule-setting is center stage now, with new guidelines like the Guide on Trade in Services Data and Policies for Developing Countries and the launch of the International Organization for Standardization Liaison Center.
Numbers don't lie: from Jan to Jul 2025, the Chinese mainland's services trade hit 4.58 trillion yuan (~$640B), up 8.2% year-on-year. Exports soared 15.3%, while knowledge-intensive services climbed 6.8%. Telecom, computer, and info services? A cool 12.6% jump! 📈
Behind these stats is a bigger shift: the knowledge economy is taking over, moving from labor-heavy services to tech and know-how. Better digital infrastructure and top-tier R&D are giving the Chinese mainland a serious edge in global markets.
CIFTIS 2025 proved that the rules of the game are evolving—get ready for the next level! 🎮🌏
Reference(s):
cgtn.com
