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Overseas promotion event highlights bridging role of China's service trade fair

December 16, 2024


Abstract : China International Fair for Trade in Services (CIFTIS) has been a pivotal platform for bolstering Sino-UK economic and trade cooperation, said Li Peng, counselor of the Economic and Commercial Office of the Chinese Embassy in the UK on December 13.

BEIJING, Dec. 16 (Xinhua) -- China International Fair for Trade in Services (CIFTIS) has been a pivotal platform for bolstering Sino-UK economic and trade cooperation, said Li Peng, counselor of the Economic and Commercial Office of the Chinese Embassy in the UK on December 13.

Li made the remarks at the first overseas promotion event of the 2025 CIFTIS held in London, welcoming the UK government and businesses to well leverage CIFTIS to benefit from China's development and share opportunities brought by the Chinese market.

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Photo provided by Beijing International Trade in Services Center shows Li Peng delivering a speech during the promotion event for 2025 CIFTIS in London on December 13.

Organized by Beijing International Trade in Services Center and supported by its partners at home and abroad, the London promotion event gathered more than 60 experts and business representatives from institutions and enterprises.

For years, China has held the CIFTIS to share its services trade development chances with all parties and make new contributions to global trade, said Li Zhongshuang, an inspector of Beijing Municipal Commerce Bureau, highlighting that the 2025 CIFTIS will offer quality services for global exhibitors including UK businesses to showcase their latest technologies, products, achievements and applications in services trade.

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Photo provided by Beijing International Trade in Services Center shows Li Zhongshuang delivering a speech during the promotion event for 2025 CIFTIS in London on December 13.

As a veteran participant of CIFTIS, Bank of China (BOC) intended to take advantage of its global layout and financial strengths to deepen its participation in 2025 CIFTIS and provide all-around support to related deals matching, recommendations and roadshows, noted Xia Bin, deputy head of BOC London branch.

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Photo provided by Beijing International Trade in Services Center shows Xia Bin delivering a speech during the promotion event for 2025 CIFTIS in London on December 13.

Nick Charles, head of Membership and Community Relationships of London Chamber of Commerce and Industry (LCCI) expressed willingness of the chamber, which boasts 8,500 local members, to establish new business connections and reach new cooperation deals via the CIFTIS in future.

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Photo provided by Beijing International Trade in Services Center shows Nick Charles delivering a speech during the promotion event for 2025 CIFTIS in London on December 13.

Optimistic about the Sino-UK cooperation prospects in financial sector, Charles Bowman, the 690th Lord Mayor of the City of London, believed that development of London's financial sector is highly in line with what the thematic exhibitions of CIFTIS advocate.

Under such circumstances, Charles Bowman vowed to strive to press ahead with related communication and cooperation in the sector, reiterating the promises of the City of London to its global partners and stressing the function of financial services and technology innovation in fostering sustainable economic development.

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Photo provided by Beijing International Trade in Services Center shows Charles Bowman delivering a speech during the promotion event for 2025 CIFTIS in London on December 13.

Other experts also shared their gains from participating in the CIFTIS during the London promotion event. Following the London roadshow, the second overseas promotion event for the 2025 CIFTIS will be held in Bern of Switzerland.

(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)

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Keyword: 2025 CIFTIS London promotion event

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