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CIFTIS 2024 yields tangible results in promoting tourism, investment

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      China

      China

      CIFTIS 2024 yields tangible results in promoting tourism, investment

      2024-09-14 17:27 Last Updated At:18:37

      The 2024 China International Fair for Trade in Service (CIFTIS) in Beijing, which opened on Thursday and will run through Monday, has yielded tangible results in promoting the growth in sectors such as tourism and investment.

      Sichuan and Hainan are the guest provinces of honor at this year's fair.

      One of the most prominent attractions in the exhibition area of southwest China's Sichuan is a 5-meter-high lantern from Zigong City. Renowned for its lantern-making, Zigong's creations are recognized as a national intangible cultural heritage, and the lanterns have been exhibited in more than 80 countries in a market-oriented fashion.

      At the fair, Zigong secured projects with a contract value nearing 7 million yuan (about 1 million U.S. dollars).

      China's southern island province of Hainan is promoting its Free Trade Port's one-stop service platform at the fair, which offers standardized solutions for government services to both domestic and foreign companies operating in the area.

      Beijing, which has hosted investment-attraction activities at the CIFTIS for three consecutive years, is taking the opportunity to showcase its investment opportunities, favorable business environment and cultural appealing.

      After the Beijing Central Axis has been added to the UNESCO World Heritage List, searches for one-day tours and homestays along the Central Axis have surged in popularity on e-commerce platforms, according to data from the fair's e-commerce conference.

      In the business districts along the Central Axis, tourist spending has risen by approximately 40 percent from the previous year.

      To boost its cultural tourism market, Beijing has become the first city in the country to establish payment service demonstration zones for foreign visitors, where over 95 percent of key business districts and scenic spots are equipped with POS machines accepting international cards, enhancing convenience for foreign tourists.

      Beijing, Tianjin and north China's Hebei Province announced a new batch of investment projects on Friday, covering key industries such as new energy, intelligent connected vehicles, robotics and hydrogen energy, with a total investment exceeding 160 billion yuan. A total of 24 cooperation projects have been signed.

      As the fair enters its third day, over 50 forums are scheduled, alongside the launch of more than 50 new technologies, services, and products.

      The fair is showcasing a wide array of innovations, with expectations to unveil more than 200 integrated innovation results. A large number of the latest results have been released in the fields such as telecommunications, finance and digital economy in the past two days.

      CIFTIS 2024 yields tangible results in promoting tourism, investment

      CIFTIS 2024 yields tangible results in promoting tourism, investment

      Next Article

      Xi calls for strengthening China-Russia ties to address global uncertainties

      2025-01-21 22:51 Last Updated At:01-22 01:17

      Chinese President Xi Jinping called for joint efforts to guide China-Russia relations to a new height in 2025 so that the stability and resilience of their bilateral relationship can better cope with the uncertainties of a challenging global environment, when talking with Russian President Vladimir Putin via video link on Tuesday.

      Xi expressed his pleasure at meeting with Putin ahead of the Chinese New Year, which falls on Jan 29 this year, describing it as a time for reflection and planning.

      "At the turn of the year, it is a moment to review achievements and chart new plans," he said.

      Xi noted that this year marks the 80th anniversary of the victories of the Chinese People's War of Resistance against Japanese Aggression, the Soviet Union's Great Patriotic War and the World Anti-Fascist War, as well as the 80th anniversary of the founding of the United Nations (UN).

      "China and Russia should take the opportunities presented by the anniversaries to jointly safeguard the U.N.-centered international system, and the hard-won fruits of victory in World War II. Both countries, as founding members of the UN and permanent members of the Security Council, must uphold their institutional rights," he said.

      "In the new year, I'm willing to work with you to continue guiding China-Russia relations to a new height in 2025, to respond to external uncertainties with the stability and resilience of China-Russia ties, to boost the development and prosperity of both countries, and to uphold international fairness and justice," Xi said.

      Putin said he agrees with Xi's views, saying that Russia-China cooperation is built on a broad commonality of national interests.

      "Our perspectives on how to properly handle relations between major powers are increasingly aligned. Our bilateral relationship is built on friendship, mutual trust, support, equality and mutual benefit. It is independent and unaffected by domestic political factors and the current international situation," he said.

      Xi calls for strengthening China-Russia ties to address global uncertainties

      Xi calls for strengthening China-Russia ties to address global uncertainties

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