Core Viewpoint - The 2025 China International Service Trade Fair highlighted the increasing importance of service trade in global trade, focusing on digitalization, intelligence, and sustainability, resulting in over 900 achievements across various sectors [1] Group 1: International Participation and Cooperation - The fair attracted over 80 countries and international organizations, with an internationalization rate exceeding 20%, showcasing new cooperation opportunities [2] - Latvia emphasized the importance of the fair for promoting its cultural and tourism products in China, aiming to enhance brand recognition [2] - Pakistan's participation led to new collaborations, with local businesses seeking opportunities in China's rapidly developing digital industry [2] - France noted the fair as a platform for project incubation and resource connection, facilitating joint innovation between French and Chinese enterprises [2][3] Group 2: Technological Innovation and Market Development - The fair featured nine thematic exhibition areas and over a thousand companies, showcasing advancements in digital innovation and green development [4] - Companies like Canva and Johnson & Johnson presented innovative products, highlighting the fair's role in supporting the entire cycle of innovation from development to market [4] - Czech company Bestar showcased a patented thermal energy storage technology, aligning with China's green development goals [5] Group 3: Reports and Insights on Service Trade - The fair released several authoritative reports, indicating a shift in China's service trade from traditional to high-value sectors, contributing to global service trade growth [6] - China is recognized as the world's second-largest service trade nation, maintaining stable growth and diversifying its service trade landscape [6] - The fair underscored China's role as a stabilizing force in global service trade growth and economic recovery, emphasizing sustainable cooperation through rule alignment and capacity building [7]