Core Viewpoint - The 2025 China International Service Trade Fair (CIFTIS) will be held in Beijing from September 10 to 14, focusing on the theme "Digital Intelligence Leading, Service Trade Renewed," highlighting the characteristics of service trade [1][3]. Service Trade Growth - In the first half of this year, China's service import and export total reached 3.9 trillion yuan, a year-on-year increase of 8%, marking a historical high for the same period [1]. - Service exports accounted for 11.5% of total exports, an increase of 0.7 percentage points compared to the same period last year [1]. - The transportation service export reached 418.5 billion yuan, growing by 23.9%, while travel service exports reached 174.87 billion yuan, growing by 68.7%, indicating strong growth in both traditional and emerging service sectors [2][3]. Policy Support - The development of service trade is expected to benefit from global growth, with the WTO projecting a 4.0% increase in global service exports by 2025 [5]. - The Chinese government plans to introduce new policies to support service exports, focusing on financial, regulatory, and market expansion measures [6]. - The Ministry of Commerce is tracking the implementation of the negative list for cross-border service trade and aims to enhance the liberalization and facilitation of service trade [6]. Service Consumption Potential - From January to July, national service retail sales increased by 5.2%, with service consumption becoming a significant driver for service trade growth [7]. - The CIFTIS will feature over 40 supporting activities to integrate service consumption, trade, and investment, promoting new service consumption models [7][8]. - The government will focus on policy promotion, expanding service supply, and innovating service consumption scenarios to stimulate consumption potential [8].

Core Viewpoint - The 2025 China International Service Trade Fair (CIFT) will be held from September 10 to 14 in Beijing, focusing on the theme "Digital Intelligence Leading, Service Trade Renewed," highlighting the characteristics of service trade [2][3]. Group 1: Service Trade Growth - In the first half of the year, China's service import and export total reached 3.9 trillion yuan, a year-on-year increase of 8%, marking a historical high for the same period [3]. - The share of service exports in total foreign trade exports reached 11.5%, an increase of 0.7 percentage points compared to the same period last year [3]. - Transportation service exports amounted to 418.5 billion yuan, growing by 23.9%, while travel service exports reached 174.87 billion yuan, with a remarkable growth of 68.7% [4]. Group 2: Policy Support and Future Outlook - The service trade sector is expected to benefit from increased policy support, with the WTO projecting a 4.0% growth in global service exports by 2025 [5]. - The Ministry of Commerce plans to introduce new policies to promote service exports, focusing on financial, regulatory, and international market development [6]. - The service retail sector saw a year-on-year growth of 5.2% from January to July, indicating a shift towards balanced consumption between goods and services [7]. Group 3: Innovation and Consumer Potential - The CIFT will feature over 40 diverse supporting activities, integrating service consumption, trade, and investment [7]. - The Ministry of Commerce aims to enhance service consumption by implementing policies that promote quality and expansion in key areas such as home services and health consumption [8]. - There will be a focus on supporting new business models and consumption scenarios, promoting the integration of commerce, tourism, culture, and sports [8].

Core Viewpoint - The 2025 China International Service Trade Fair will be held from September 10 to 14 in Beijing, focusing on the theme "Digital Intelligence Leading, Service Trade Renewed," highlighting the characteristics of service trade [2] Group 1: Service Trade Growth - In the first half of the year, China's service import and export total reached 3.9 trillion yuan, a year-on-year increase of 8%, marking a historical high for the same period [2] - Service exports accounted for 11.5% of total foreign trade exports, an increase of 0.7 percentage points compared to the same period last year [2] - Transportation service exports reached 418.5 billion yuan, growing by 23.9%, while travel service exports reached 174.87 billion yuan, growing by 68.7%, making travel the fastest-growing sector [3] Group 2: Policy Support - The development of service trade is expected to benefit from global growth, with the WTO projecting a 4.0% increase in global service exports by 2025 [4] - The Chinese government plans to introduce new policies to support service exports, including financial and regulatory measures [5] - The Ministry of Commerce is focusing on enhancing the role of service trade in the economy, with significant investments in key areas [5] Group 3: Consumer Potential - From January to July, national service retail sales increased by 5.2%, indicating a rising share of service consumption [6] - The upcoming service trade fair will feature over 40 supporting activities, integrating service consumption, trade, and investment [6] - The Ministry of Commerce aims to stimulate service consumption by implementing policies that enhance service quality and expand service offerings [6][7]

Core Viewpoint - The Chinese government is accelerating the implementation of policies to support service trade, indicating a positive growth trend in this sector [1][2]. Group 1: Policy Initiatives - The State Council's recent study emphasizes the need to enhance the international competitiveness of service exports, focusing on areas such as research, consulting, e-commerce, and digital service trade [2]. - The Ministry of Commerce plans to introduce a series of measures to promote service exports, including optimizing zero tax rate declaration procedures and increasing export credit insurance support [2][5]. - The government aims to leverage the effects of visa-free policies to attract more foreign tourists, thereby boosting travel service exports [2][3]. Group 2: Service Trade Growth - The global service export is projected to grow by 4% by 2025, with major economies showing robust growth in service trade during the first half of the year [1]. - In the first half of the year, transportation service exports reached 418.5 billion yuan, growing by 23.9%, while travel service exports surged to 174.87 billion yuan, marking a 68.7% increase [2][5]. Group 3: Digital Service Trade - The development of digital service trade is prioritized, with a focus on cross-border e-commerce and the digital transformation of trade processes [3]. - The Ministry of Commerce is set to promote and regulate cross-border data flow, which is crucial for many multinational companies [3]. Group 4: Negative List Management - The reduction of the negative list for cross-border service trade is a key strategy for expanding service imports [3][4]. - The government is actively monitoring the implementation of the negative list and addressing any challenges that arise [4]. Group 5: Future Outlook - The next phase is expected to see increased support from fiscal, tax, financial, and regulatory measures for service trade, particularly service exports [5]. - Overall, service trade is anticipated to maintain growth throughout the year, with an ongoing optimization of trade structure [5].

Group 1 - The core viewpoint of the article highlights the progress of China's service trade development and the preparations for the 2025 Service Trade Fair [1] - The 2023 Service Trade Fair will be held for the first time at Shougang Park, showcasing a unique blend of industrial features and diverse exhibition activities [1] - The Shougang Park has completed the renovation and upgrade of its venue to version 5.0, enhancing the experience for attendees [1]

Group 1: Service Trade Development - The 2025 Service Trade Fair will focus on the theme "Digital Intelligence Leading, Service Trade Renewed," featuring six types of activities including global summits, exhibitions, forums, and promotional events [1] - In the first half of the year, China's service trade import and export totaled 3.9 trillion yuan, a year-on-year increase of 8%, with service exports reaching 1.7 trillion yuan, up 15% [2] - The proportion of service exports in total foreign trade exports reached 11.5%, an increase of 0.7 percentage points compared to the same period last year [2] Group 2: Policy Support and Future Outlook - The Ministry of Commerce will enhance policy support for service trade, implementing measures from the State Council's opinions on promoting high-quality service trade development [3] - A series of policies to promote service exports will be introduced, focusing on fiscal, financial, and facilitation aspects to optimize the policy environment [3] - Overall, service trade is expected to continue growing throughout the year, with an ongoing optimization of trade structure [4] Group 3: Service Consumption Initiatives - The Service Trade Fair serves as a significant platform for expanding service consumption, with over 50 countries and 20 international organizations participating [5] - The Ministry of Commerce plans to implement a consumption action plan, introducing policies to enhance service consumption and improve service supply capabilities [5][6] - There will be a focus on increasing high-quality service supply through opening up key sectors such as telecommunications, healthcare, and education [6]

Group 1 - The 2025 China International Service Trade Fair will be held in Beijing from September 10 to 14, focusing on "Digital Intelligence Leading, Service Trade Renewed" as its annual theme [1] - The fair aims to enhance its role as a platform for expanding openness, deepening cooperation, and leading innovation in service trade [1][2] - Nearly 2,000 enterprises are expected to participate, including around 500 Fortune 500 companies, covering 27 of the top 30 service trade countries and regions [2] Group 2 - The fair will feature six types of activities, including a global service trade summit, exhibitions, forums, and promotional events, emphasizing international participation and the value of an open platform [2][3] - The event will showcase over 190 new products and achievements, including groundbreaking technologies such as a 3D-printed vascular stent and a professional quantum computer [3] Group 3 - China's service trade is projected to continue growing, with the total import and export value reaching a historical high in the first half of the year [4] - The World Trade Organization forecasts a 4.0% increase in global service exports by 2025, with China's travel service import and export scale exceeding 1 trillion yuan, growing at 12.3% [4] Group 4 - The fair will play a significant role in expanding service consumption, with policies aimed at enhancing service supply capabilities and stimulating new service consumption growth [6] - The event will also focus on technology empowerment and investment promotion, showcasing new digital and intelligent consumption scenarios [6]

Core Insights - The 2025 China International Service Trade Fair will be held in Beijing from September 10 to 14, with preparations nearly complete [2] - In the first half of this year, China's service import and export total reached 3.9 trillion yuan, a year-on-year increase of 8%, marking a historical high for the same period [2] Group 1: Event Overview - The fair will feature over 70 countries and international organizations, with Australia as the first guest country, showcasing the largest exhibition group to date [3] - Nearly 2,000 enterprises are expected to participate, including around 500 Fortune Global 500 companies, covering 27 of the top 30 countries and regions in service trade [3] - The theme for this year's fair is "Digital Intelligence Leading, Service Trade Renewed," focusing on technology and intelligent applications [3] Group 2: Innovations and Highlights - More than 190 new products and achievements will be launched, including the world's first 3D-printed polymer fatigue-resistant absorbable vascular stent and the first domestic professional optical quantum computer exceeding one thousand bits [4] - The fair will also showcase service demonstration cases in artificial intelligence and green innovation, promoting high commercial value and replicable applications [4] Group 3: Economic Impact - In the first seven months of this year, China's service retail sales increased by 5.2%, with service consumption continuing to rise [4] - The Ministry of Commerce plans to introduce policies to expand service consumption, utilizing fiscal and financial measures to enhance service supply capabilities [4][5] Group 4: Policy Support - The Ministry of Commerce will strengthen policy support for service trade, including financial and tax measures to promote service exports [5][6] - Regulatory facilitation will be improved, including enhancing customs supervision and promoting cross-border data flow [6]

Core Points - The 2025 China International Service Trade Fair will be held in Beijing from September 10 to 14, with preparations nearly complete [1] - In the first half of this year, China's service import and export total reached 3.9 trillion yuan, a year-on-year increase of 8%, marking a historical high for the same period [1] - The fair will feature over 70 countries and international organizations, with Australia as the guest country and Anhui province as the guest province [2] - The theme for this year's fair is "Digital Intelligence Leading, Service Trade Renewed," focusing on technology and intelligent applications [2] - More than 190 new products and achievements will be launched, including innovative technologies in various fields [3] - The service retail sector saw a year-on-year growth of 5.2% in the first seven months, indicating a shift towards balanced consumption between goods and services [3] - The Ministry of Commerce plans to introduce policies to expand service consumption, enhancing service supply capabilities [3][4] Industry Insights - The travel service import and export scale exceeded 1 trillion yuan in the first half of the year, with a growth rate of 12.3% [4] - The Ministry of Commerce will increase policy support for service trade, focusing on high-level opening and quality development [4][5] - Financial policies will enhance export credit insurance support and improve service trade funding settlement convenience [5] - Regulatory facilitation will include improving customs supervision systems and encouraging cross-border data flow [5]

Group 1 - The Ministry of Commerce will introduce several policy measures next month to expand service consumption, utilizing fiscal and financial tools to enhance service supply capacity and stimulate new service consumption growth [1][2] - In the first half of the year, China's travel service import and export scale exceeded 1 trillion yuan, with a growth rate of 12.3%, and is expected to maintain rapid growth for the entire year [1][3] - The Ministry of Commerce is working on policies to promote service exports, which will be issued soon, focusing on fiscal, financial, regulatory facilitation, and international market expansion [1][2] Group 2 - The new policies will enhance support for key areas and projects in service exports, optimize tax refund procedures, and improve the efficiency of export tax refund applications [2][3] - The policies aim to fill the gap in service trade export-specific policies and enhance the international competitiveness of China's service industry [3][4] - The service retail sector has seen a year-on-year growth of 5.2% from January to July, indicating a shift towards a balanced consumption pattern between goods and services [3][4] Group 3 - The upcoming service trade fair will feature over 70 countries and international organizations, with Australia as the first guest country, and nearly 2000 enterprises expected to participate [4][5] - The 2025 service trade fair will focus on the theme "Digital Intelligence Leading, Service Trade Renewing," featuring various activities including global service trade summits and exhibitions [5][6] - Over 190 new products and achievements will be launched at the fair, showcasing advancements in technology and innovative services [6]