Global businesses eye more opportunities as China embraces service trade surge
China DailyXinhua | Updated: 2024-09-16 17:25 People visit the booth of the Peruvian embassy to China at the China International Fair for Trade Services, which opened in Beijing on Sept 12, 2024. WANG JING/CHINA DAILY BEIJING - At the 2024 China International Fair for Trade in Services, dazzling products from the global service sector featuring state-of-the-art green and smart technologies captivated visitors from both at home and abroad. Participating for the fifth time, French multinational Schneider Electric unveiled its "new quality service system" that runs through the entire business lifecycles and launched a service business China hub during the fair. China would like to join efforts with all sides to share new opportunities in opening up and development, promote institutional opening-up in service trade, foster new drivers of growth, and accelerate the digital, smart and green transformation of service trade, said Chinese Vice-Premier Ding Xuexiang at the Global Trade in Services Summit of the 2024 CIFTIS. China is "sending all the right signals for us in New Zealand," Chris Lipscombe, national president of the New Zealand China Friendship Society, told Xinhua, highlighting the potential for New Zealand to expand trade ties with China, particularly in areas like medical research, digital education, and film services.