Core Insights - The 2025 China International Service Trade Fair (CIFTIS) was held in Beijing from September 10 to 14, focusing on the theme "Digital Intelligence Leading, Service Trade Renewed," attracting 85 countries and nearly 2,000 enterprises to showcase innovations in international service trade [1] Group 1: Company Highlights - Newland Technology Group showcased its digital payment innovations and smart scene solutions through its brands StarPay and Huilei Store, receiving recognition from officials for its advanced technology and innovative products [1] - Newland's subsidiary, Fujian Guotong Xingyi Network Technology Co., Ltd. (Guotong Xingyi), presented a diverse range of digital payment products, including a non-contact scanning box that enables instant payment and card acceptance capabilities for foreign visitors [2] - The company is actively exploring AI technology applications in physical merchant services, enhancing efficiency and resilience across various industries, with products like the lightweight cash register Huilei Store and AI smart scales addressing specific retail challenges [3] Group 2: Industry Trends - The demand for cross-border payment services is diversifying due to the increasing trend of Chinese enterprises going global and the rise of cross-border e-commerce and trade investments [2] - Newland aims to promote the adoption of digital RMB and support national policies through optimized foreign card payment services and innovative payment solutions tailored for various merchant needs [2][3] - The company's participation in CIFTIS highlights the role of Chinese enterprises in the global service trade landscape, emphasizing the importance of digital transformation for merchants across industries [3]