Core Viewpoint - The recent announcement by nine government departments aims to promote service exports through a comprehensive set of 13 policy measures, enhancing support for various service sectors and facilitating international market expansion [2][17]. Group 1: Financial Support and Investment - Utilize existing central and local funding channels to actively support service exports, focusing on new service models such as digital services, high-end design, and environmental services [3][17]. - Enhance the role of the Service Trade Innovation Development Fund to increase investment in service trade and digital trade, encouraging more social capital participation [4][18]. Group 2: Tax and Insurance Measures - Optimize the zero tax rate declaration process for service exports by promoting electronic information to replace paper documentation, improving efficiency [5][19]. - Increase support from export credit insurance companies for service exports, expanding coverage and enhancing claims service quality [6][20]. Group 3: Regulatory and Operational Improvements - Improve the bonded supervision system for research and testing businesses in comprehensive bonded zones, simplifying import approval processes [8][22]. - Facilitate cross-border personnel movement and consumption by optimizing visa policies for foreign investment enterprises and high-level talent [9][23]. Group 4: Financial Transactions and Knowledge Management - Support service enterprises in joining multinational corporate cash pool trials to facilitate internal fund allocation [10][24]. - Encourage the transformation and transaction of intellectual property by enhancing valuation and transaction systems, and promoting financing services related to intellectual property [13][26]. Group 5: Data Management and International Trade - Promote and standardize cross-border data flow by developing operational guidelines and supporting enterprises in international trade and research [14][27]. - Accelerate the development of international data service businesses in designated free trade zones, providing data processing services to various enterprises [15][28]. Group 6: Market Expansion Support - Strengthen the role of service trade intermediary organizations in assisting enterprises to explore international markets, including legal support and participation in trade exhibitions [16][30].

Core Viewpoint - The article highlights the innovative products showcased at the 2025 Service Trade Fair, emphasizing the advancements in technology and the potential for international collaboration in the service trade sector [1][2][3]. Group 1: Company Innovations - Guoshu Technology (Beijing) Co., Ltd. introduced the "Ethnic Costume AI Dressing" product, utilizing "OBVerse Holographic Cabin + Digital Human Replication" technology, showcasing a blend of cultural heritage and modern technology [1][2]. - Yuantong Technology, a marketing technology company, launched the AI Drive 2.0 smart marketing solution, which aims to automate the marketing process from insights to data attribution, enhancing efficiency for overseas enterprises [2][3]. - Tianjin Beiyun Technology Co., Ltd. presented the "Yunfang Intelligent Solution" for traditional Chinese medicine, integrating large language models with traditional knowledge to address long-standing challenges in the industry [2][3]. Group 2: Industry Trends - The Service Trade Fair serves as a platform for global innovation, allowing companies to showcase cutting-edge technologies and products, thereby enhancing their market presence and fostering international partnerships [2][3]. - The emergence of these new products reflects the vitality of China's service trade sector, indicating a shift towards high-quality and high-value services, which is essential for the development of an open world economy [3].

Group 1 - The 2025 China International Service Trade Fair (CIFTIS) is ongoing in Beijing, showcasing cutting-edge technology and innovative services in various sectors [1][2] - The "AI Education+" innovations presented at the fair include the "Jing Xiao Jian" and "Jing Xiao Zhuang" systems, which integrate data on physical health, nutrition, and education to provide personalized development suggestions for students [1] - The exhibition features a comprehensive AI curriculum resource package that caters to different educational stages, from basic education to vocational and higher education [1] Group 2 - The integration of technology and sports is highlighted through interactive experiences such as the VR basketball shooting area, which allows participants to engage in a realistic basketball environment [2] - The demonstration of robotic dogs performing complex movements attracted significant attention, particularly from children, showcasing the potential for interactive technology in sports [2] - The fair emphasizes the innovative achievements and potential of service trade in education, sports, and cultural creativity through diverse displays and interactive experiences [2]

Core Viewpoint - The 2025 Service Trade Fair has officially opened, serving as a significant platform for China to expand openness, deepen cooperation, and lead innovation, allowing domestic and foreign enterprises to perceive the Chinese market and share development opportunities [1] Group 1: Event Highlights - The fair features nearly 180 forums and meetings, with 41 activities scheduled for today alone, running from 9 AM to 5 PM [1] - Key reports, including the "China Service Trade Development Report," were released during the Service Trade Development Forum, highlighting important research outcomes related to service trade [1] Group 2: Industry Focus - The World Tourism Cooperation and Development Conference included discussions on smart technology empowering tourism development, with over 300 international guests exploring new paths for global tourism cooperation [2] - The E-commerce Conference hosted three specialized sessions focusing on consumer e-commerce, industrial e-commerce, and cross-border e-commerce, releasing several important research outcomes and rankings [2] Group 3: New Developments - Financial institutions introduced multiple digital service solutions aimed at supporting international trade development [3] - Industry associations released various consumption indices and industry standards to promote high-quality development in the catering and accommodation sectors [4]

Core Points - The 2025 Service Trade Fair (STF) will feature over 40 diverse supporting activities, including artistic performances, cultural tourism markets, and sports events [1] - The STF aims to enhance the exhibition experience and showcase the vibrant diversity of service trade [1] Group 1: Event Highlights - The STF will utilize the unique setting of Shougang Park to host immersive activities, such as a camping and art life fair themed "Tourism Lights Up a Beautiful Life" [1] - A series of activities under the "STF Here I Come" cultural tourism carnival will include super live streaming and markets, inviting industry leaders from culture, art, and technology [1] - Sports enthusiasts can participate in events like the national parkour elite competition and breakdancing contests at Shougang Extreme Park and the ski jump [1] Group 2: Consumer Engagement - The STF will launch various promotional activities under the theme "Surprises in Western Beijing" to stimulate consumer spending [1] - The "Summer Movie Carnival in Beijing" will offer benefits through a "ticket root economy," allowing attendees to enjoy discounts on shopping and dining after visiting the fair [1] - Key commercial districts in Shijingshan, Fengtai, Mentougou, Haidian, and Chaoyang will promote the STF to create a city-wide participation atmosphere [1] Group 3: Night Activities and Innovation - Shougang Park will host the "Candy Season" series of activities at night, combining industrial heritage with candy culture for immersive experiences [1] - The Shougang Music Concert will invite well-known bands from Beijing, merging trendy music themes with the industrial aesthetic of cooling towers [1] - The STF will design over 10 inspection routes focusing on technology empowerment, investment promotion, industrial tourism, cultural heritage resources, and night economy, allowing visitors to experience new consumption vitality [1]

Core Viewpoint - The 2025 China International Fair for Trade in Services (CIFTIS) will feature over 40 diverse supporting activities, showcasing the vibrancy of service trade and enhancing the exhibition experience [1][2]. Group 1: Event Highlights - The event will include immersive activities at Shougang Park, such as a camping and art life fair themed "Tourism Lights Up a Beautiful Life," combining camping, art performances, and market activities [1]. - A series of cultural and tourism carnival activities titled "CIFTIS, Here I Come" will be launched, featuring super live streaming and markets with industry experts from culture, art, and technology [1]. - Sports enthusiasts can participate in national parkour elite competitions and breakdancing events at Shougang Park and the ski jump venue, highlighting new applications of service trade in sports [1]. Group 2: Consumer Engagement - The theme "Surprises in Western Beijing" will promote various consumer activities, while the "Summer Movie Carnival" will offer discounts for shopping and dining after attending the fair [2]. - Key commercial districts in Shijingshan, Fengtai, Mentougou, Haidian, and Chaoyang will promote the fair to create a city-wide participation atmosphere [2]. - Nighttime activities at Shougang Park will include the "Candy Season" series, blending industrial heritage with candy culture for immersive experiences [2]. Group 3: Technological and Investment Focus - The fair will feature over 10 investigation routes focusing on technology empowerment, investment promotion, industrial tourism, cultural heritage resources, and night economy [2]. - Attendees will have the opportunity to experience new consumption vitality and understand the digital and intelligent innovations in the cultural and business sectors [2].

Overview - The core point of the announcement is that Beijing Zhaoyan New Drug Research Center Co., Ltd. has approved an investment of up to 100 million RMB to participate in the establishment of the second phase of the Service Trade Innovation Development Guidance Fund, in collaboration with professional investment institutions [2][3]. Group 1: Fund Establishment - The company will invest in the Service Trade Innovation Development Guidance Fund Phase II, which aims to enhance the development of innovative service trade mechanisms and digital trade [3]. - The fund will be managed by China Merchants Capital Management (Beijing) Co., Ltd., which will act as the general partner and executive partner [2][3]. Group 2: Partnership Agreement - A partnership agreement has been signed among the company’s wholly-owned subsidiary, China Merchants Capital Management, and other partners, outlining the purpose of the partnership to leverage fiscal funds to stimulate social capital support for service trade innovation [3][4]. - The partnership has a maximum duration of 15 years, with provisions for extension or early termination based on unanimous agreement among partners [4]. Group 3: Investment Strategy - The fund will focus on private equity investments in service trade and digital trade sectors, as well as directly investing in relevant enterprises [9][10]. - Investments will be made through equity or equity-related debt instruments [10]. Group 4: Management and Fees - The fund will incur management fees, calculated based on a specified rate and the duration of the management period [8]. - An investment decision-making committee will be established to oversee investment and exit decisions [12]. Group 5: Fund Details - The fund is named the Service Trade Innovation Development Guidance Fund Phase II (tentative) and will operate as a limited partnership [15]. - The fund's operational scope includes private equity investment, investment management, asset management, and investment consulting [15].