Various parallel forums and other sub-level activities including a convention covering e-commerce, digital economy and the green economy have been launched at the five-day 2024 China International Fair for Trade in Service (CIFTIS) that opened in Beijing on Thursday, providing platforms for dialogue and exchange.
At the forums, e-commerce emerged as a hot topic. In 2023, China's e-commerce sector grew by 10.11 percent year-on-year, with cross-border e-commerce increasing by 15.6 percent and the number of related companies reaching 70,000.
At the China E-commerce Convention, guests share experience in smart e-commerce, green transformation, innovation and customer experience.
At the Third Forum on Meteorology and Economy, several innovative results were unveiled. To address the impact of climate change on health, metereological authorities have collaborated with scientific and technological research institutions to develop products for weather forecasting and early warning about meteorological risks, with the display of living weather indices.
"For instance, we have established a system for pollen allergy monitoring, one of the health indices. We will continue to provide better services for the public," said Xu Xiaofeng, president of the China Meteorological Service Association.
The Forum on Trends and Latest Developments in Digital Trade provides opportunities for enterprises to promote digital transformation and trade.
"The mental model we've developed is capable of helping us mobilize and planning tools. Large-scale AI models are bringing disruptive changes to the digital engine of the industry through their contemplative and planning capabilities," said Wu Tian, vice-chairman of Baidu.
On the occasion of the 2024 CIFTIS, the Ministry of Commerce has launched the 2024 publicity month initiative to promote business integrity and build a better business and consumption environment.
Forums, activities launched at 2024 CIFTIS
Forums, activities launched at 2024 CIFTIS
Macao has been emerging as a global hub for conventions and exhibitions in recent years by exploring the enormous opportunities in the sector, driving the region to advance its economic diversification and embrace a brighter future.
Macao has received many awards this year, such as the Best Convention City (Asia) and the Best BT-MICE City, showcasing the recognition for and influence of Macao's exhibition industry.
More than 1,000 electronic game enthusiasts from all over the world gathered recently in Macao to participate in a esports themed event.
Su Zhili, organizer of the event, said that Macao's rich experience in hosting large-scale events, coupled with its good infrastructure, has driven him to choose the region as an ideal destination to hold such an activity.
"Macao has held many similar large-scale events. It has rich experience, and the facilities at the venue are relatively mature, so we can start our work comfortably," said Su.
During the first three quarters of 2024, Macao held more than 1,000 conferences and exhibitions in total.
"We will invite more professional, special conferences to be held in Macao and also cultivate more exhibition brands with international influence in Macao, so as to promote Macao's exhibitions to be more market-oriented, professional, international, digital and greener from various aspects. This is our goal," said Elaine Wong, member of the Macao Commerce and Investment Promotion Institute.
In addition, multiple large exhibitions and conferences, such as the Macao International Trade and Investment fair, the Macao Franchise Expo, and the International Infrastructure Investment and Construction Forum, are held regularly in Macao.
With the introduction of a series of policies and measures to facilitate the exchanges between the mainland and Macao, as well as the construction and development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Macao's convention and exhibition industry will embrace more opportunities for development in the foreseeable future.
"We have such a good industrial base in the Greater Bay Area. The mode of 'Convention and Exhibition + Industry' not only integrates the industries of Macao, but also the industries of the Greater Bay Area. In addition, Macao actively integrates into the national development and plays a role in the Belt and Road. Why are we so confident in Macao's convention and exhibition sector? Because it is backed by the motherland, and the country gives Macao great support," said Alan Ho, chairman of the Macao Association of Convention, Exhibition and Tourism Sectors.
Macao emerges as global hub for conventions and exhibitions, driving economic diversification and international recognition
