Core Insights - The 2025 China International Service Trade Fair (CIFTIS) held in Beijing from September 10 to 14 showcased the growth and innovation in China's service industry and trade, receiving positive responses from the international community [1] - The theme "Digital Intelligence Leading, Service Trade Renewed" was emphasized, with numerous forums and discussions highlighting China's significant role in global service trade and its commitment to opening up [2][3] Industry Developments - China's service trade imports and exports 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 historically [2] - The implementation of a negative list for cross-border service trade and the promotion of comprehensive pilot demonstrations for service industry expansion are key initiatives driving this growth [2] Innovation and Technology - Artificial intelligence (AI) was a major highlight at the fair, with companies like Canva showcasing how AI can enhance design processes and efficiency [4] - Schneider Electric presented its upgraded "New Quality Service System," integrating service business into its strategy to provide comprehensive lifecycle services [5][6] Global Collaboration - The fair featured participation from 85 countries and international organizations, with nearly 2,000 enterprises exhibiting, fostering significant cooperation opportunities [6] - The event served as a platform for enhancing mutual understanding and exploring collaboration opportunities amidst global trade challenges [6] Case Studies - COFCO Group demonstrated its digital trade innovations, particularly in the China-Singapore "Digital Trade Port" project, which utilized blockchain technology to enhance trade document efficiency [7] - Australia's participation as the guest country highlighted the growing demand for high-quality wine in China, emphasizing the complementary nature of bilateral trade [7]

Core Viewpoint - Schneider Electric showcased its upgraded "New Quality Service System" at the 2025 China International Service Trade Fair, emphasizing innovation, ecological collaboration, and industry empowerment [1][3]. Group 1: Innovation - The company is increasing local R&D investments, establishing an EcoFit™ industrial automation retrofit center in Beijing and a low-voltage distribution innovation center in Shanghai to enhance service capabilities [3]. - EcoConsult consulting services have been upgraded to include the integration of the ETAP electrical digital twin platform and the launch of industry-specific solutions [3]. - The company introduced the ATV Predict predictive maintenance platform utilizing AI algorithms for fault warning, and a quick-change solution for medium and low-voltage components to improve replacement efficiency and reduce power outage impacts [3][4]. Group 2: Ecological Collaboration - Schneider Electric, along with eight service partners, released the "New Quality Service Industry Ecological Joint Declaration" to strengthen collaborative innovation, scenario applications, and large-scale service cooperation [4]. Group 3: Industry Empowerment - The company signed agreements with Beijing Lianxin Pharmaceutical and Shenzhen Mindray Bio-Medical Electronics, focusing on energy efficiency management, digital upgrades, and equipment maintenance [4]. - Schneider Electric, in collaboration with the 21st Century Economic Research Institute, initiated the compilation of the "Navigating the Future: New Quality Service Benchmark Case Collection" to provide reference transformation practices across various industries including petrochemicals, public buildings, healthcare, electronics, and metallurgy [4]. Group 4: Market Trends - The current trend in China shows enhanced innovation capabilities, accelerated upgrades of traditional industries, rapid development of emerging industries, and faster layout of future industries driven by new quality productivity [3]. - The service sector is becoming a crucial force in enhancing industrial efficiency and promoting value chain elevation, supported by growing equipment renewal demands and policies promoting the integration of manufacturing and services [3].