4th China International Fair for Trade in Services concludes
Updated 22:47, 07-Sep-2021

The fourth China International Fair for Trade in Services (CIFTIS) concluded in Beijing on Tuesday, with over 1,600 deals, transactions and projects agreed in various fields.

This year's CIFTIS, held in Beijing from September 2 to 7, featured exhibitions, forums, conferences, promotion negotiations and side events covering all 12 major areas of service trade.

Eighty-one centrally-administered enterprises, 16 centrally-administered financial enterprises, 31 provinces, autonomous regions and municipalities, five cities specifically designated in the state plan, and Xinjiang Production and Construction Corps all participated in the fair through local trading groups, said Yan Ligang, head of the Beijing Municipal Commerce Bureau.

Yan said the total number of deals, projects and transaction amounts exceeded those of last year's edition. 

The fair attracted 7,364 domestic and foreign companies which participated in online and offline exhibitions, an increase of 37 percent over the previous year. There were 6,511 online booths with more than 30,000 exhibits, said Yan.

The internationalization rate of online and offline exhibitors was 15 percent, an increase of six percentage points over the previous session, said Yan.

(Graphic designer: CGTN's Chen Yuyang)

Read more: What to know about the largest services trade fair in the world?

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