Global partners eager for collaboration with China at CIFTIS fair

China

Global partners eager for collaboration with China at CIFTIS fair

2024-09-15 17:24 Last Updated At：09-16 15:07

The ongoing China International Fair for Trade in Services (CIFTIS) has emerged as a focal point for international cooperation, drawing interest and participation from a diverse array of countries and organizations.

Themed "Global Services, Shared Prosperity," the trade fair, which opened on Thursday and runs through Monday, has attracted participation from over 80 countries and international organizations.

Henning Kristoffersen, commercial counselor of Royal Norwegian Embassy, highlighted interest in green development cooperation between two countries.

"I think the development in China is you can't really describe it with words almost. But the development in the last ten years, the most striking is China's progress in the green shift. We have small economy and we totally depend on having open economy, more trade. So I think in this sense, fairs like CIFTIS is actually more important now than ever because it's promoting more open trade," said Kristoffersen.

Ghulam Qadir, commercial counselor of the Embassy of Pakistan in Beijing, emphasized the pivotal role of the Chinese economy as a global manufacturing hub.

"Chinese economy is playing a sheet anchor role and it's the global workshop. And that's why we want to cooperate more with China. And we are looking for win-win outcomes," said Qadir.

The sentiments echoed by representatives from various nations and organizations underscore a shared enthusiasm for engaging with China on multiple fronts, from trade and services to sustainable development, signaling a promising outlook for global partnerships and collaboration with China in the years ahead.

"Of course we do have confidence in the Chinese market. I mean China's market has been opening. The Chinese economy has been growing significantly along the years, for many years now. And we want this trend to follow. We hope that China can keep its strength. And we hope that China and the world can join hands to make developments positive for everyone," said Paulo Nascimento, Portuguese Ambassador to China.

"China is a very big market, but it's not just its size, it's its sophistication. So I think it's more that it's really the sophistication and the tremendous growth and emphasis in services that China has pioneered in many ways. So we want to work with China to help grow that as well," said Dale Pinto, President and Chair of the Board, CPA Australia.

China's total trade in sports services reaches 52.89 bln yuan in 2023: official

2024-09-18 17:31 Last Updated At：18:07

China's total import and export volume of trade in sports services reached 52.89 billion yuan (about 7.45 billion U.S. dollars) in 2023, said the State General Administration of Sport on Wednesday.

At a press conference in Beijing, Zhou Jinqiang, deputy director of the State General Administration of Sport, briefed on the achievements scored by China since the 18th National Congress of the Communist Party of China (CPC) in 2012.

China's sports sector has achieved high-quality development, with a widespread trend of fitness among the public, remarkable achievements in competitive sports, vibrant youth sports activities, and rapid growth in the sports industry, Zhou said, adding these advancements have contributed to building China into a leading sports nation.

"Since the 18th National Congress of the Communist Party of China, the total scale and added value of China's sports industry have significantly increased, with growth rates surpassing those of GDP during the same period. The proportion of the sports industry in the country's GDP has also continued to rise steadily," said Zhou.

"From 2012 to 2022, the annual average growth rate of the added value of the sports industry reached 15.4 percent, with its share of the domestic GDP increasing from 0.60 percent to 1.08 percent. In 2023, China's total import and export volume of trade in sports services stood at 52.89 billion yuan, marking a 178 percent increase compared to the previous year. At present, China has essentially forged a sports industry system that is led by competitive performances and fitness leisure, with the joint development of sports venue services, sports training, sports manufacturing, and sports media," said Zhou.