Group 1: Event Overview - The 2025 China International Fair for Trade in Services (CIFTIS) will be held in Beijing from September 10 to 14, with all preparatory work nearly complete [1] - The total import and export volume of services in China reached 3.9 trillion yuan in the first half of the year, marking an 8% year-on-year increase, the highest for the same period in history [1] - This year's theme is "Digital Intelligence Leading, Service Trade Renewed," focusing on digitalization, intelligence, and green trends in service trade [1][3] Group 2: Participation and Exhibitors - Over 70 countries and international organizations will participate, with Australia as the guest country, bringing the largest delegation since the event's inception [2] - Nearly 2,000 enterprises are expected to exhibit, including around 500 Fortune 500 companies, covering 27 of the top 30 service trade countries and regions [2] Group 3: Highlights and Features - The event will feature six types of activities, including a global service trade summit, exhibitions, forums, and promotional activities [3] - More than 190 new products and achievements will be launched, including a world-first 3D-printed vascular stent and a domestic quantum computer [4] - The event will also include over 40 diverse supporting activities, integrating service consumption, trade, and investment [4][5] Group 4: Service Enhancements - Transportation improvements include additional entry points and shuttle services, with 19 social parking lots available [6][7] - Dining options will accommodate nearly 40,000 diners, with various styles of food available [6] - Enhanced ticketing and business meeting services will be available through digital platforms, allowing for real-time notifications and scheduling [7] Group 5: Promotion of Beijing Services - The event will leverage technology to showcase new applications and solutions originating from Beijing [8] - The city aims to enhance its international consumption center status by meeting new consumer demands and trends [8] Group 6: Policy Support for Service Consumption - The Ministry of Commerce is focusing on promoting service consumption through various policies, including support for elderly tourism and home services [9] - Upcoming policies will aim to optimize service supply capabilities and stimulate new service consumption [9]

Core Insights - During the May Day holiday, Guangzhou experienced a significant boost in local consumption, with a year-on-year increase of 50.54% from May 1 to May 4, 2024 [1] - The 137th Canton Fair achieved a cumulative intended transaction amount exceeding $2 billion, showcasing the strength of Guangzhou's manufacturing sector [9][10] Consumption Market - Over 1,000 commercial, travel, cultural, and sports activities were held in Guangzhou during the May Day holiday, aimed at stimulating market vitality [2] - The Tianhe Road business district saw approximately 9.57 million visitors, a year-on-year increase of 4.73%, while the Changlong Wanbo business district recorded 3.32 million visitors, up about 25% [2][4] - Retail activities included the "May Power Unleashed" series, attracting over 3,000 visitors and generating more than 200 transactions [2] - Online sales from platforms like JD and Douyin increased by over 10% compared to the previous year during the "Seventh Double Product Shopping Festival" [6] Events and Exhibitions - Two major IP exhibitions were held at the Guangzhou Tower, including a collaboration with Tencent Games and a themed exhibition showcasing traditional crafts [4][6] - The Guangzhou International Sports Carnival was launched, promoting sports consumption through various events across major shopping districts [6] Automotive and Consumer Goods - The "old for new" consumption initiative was actively promoted, with the city issuing automotive consumption vouchers to stimulate the market [7] - The "Food in Guangzhou" carnival was held during the Canton Fair, alongside a series of dining consumption voucher activities [8] Hospitality and Tourism - The average daily number of new hotel guests in Guangzhou reached 228,000 during the holiday, reflecting a year-on-year increase of approximately 29.5% [8] - The city plans to continue promoting consumption through events like "Same Boat Crossing: Cantonese Charm Guangzhou" in the upcoming months [8] Canton Fair Highlights - The 137th Canton Fair featured 366 companies in the first phase and 302 in the second phase, achieving a total intended transaction amount of over $2 billion [9] - The "Guangzhou Night" fashion industry promotion event resulted in approximately $500,000 in intended orders [9] - The fair also facilitated connections with over 100 international buyers from more than 30 countries, generating intended orders exceeding $30 million [10]