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China promotes high-quality trade development, int'l standards cooperation: official

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China promotes high-quality trade development, int'l standards cooperation: official

2024-09-15 20:28 Last Updated At:09-16 16:27

China is promoting the high-quality development of trade in services through high-standard opening up, while also striving to advance international standards cooperation and the internationalization of Chinese standards, an official with the China Council for the Promotion of International Trade (CCPIT) said in Beijing on Saturday.

During an interview with China Global Television Network (CGTN) on the sidelines of the 2024 China International Fair for Trade in Services (CIFTIS), Yao Xin, Secretary-General of the CCPIT Commercial Sub-council, elaborated on the strategies that China is implementing to adapt to the evolving global trade landscape.

"To adapt to the changes in the global trade environment, China will further innovate and upgrade the trade in services, promote the high-quality development of trade and services by openness. So now you see, China has opened up more service sectors to improve the system of opening up of the service trade and take the initiative to dock with international high-standard economic and trade rules and further enhance the standardization of service trade," Yao said.

International standardization plays a pivotal role in global services trade. As a result, China has undertaken measures to advance the internationalization of Chinese standards, according to the official.

For example, last year, the International Organization for Standardization (ISO) formally set up a secretariat for a management-related committee in China. This marked the first instance of such an establishment in China in the 76-year history of the ISO.

"First, now we emphasize collaboration with the International Organization for Standardization. So, for example, we take the responsibility of the secretariat of the committee and management consultancy under the ISO, and we also draft some new standards [on issues], including the sharing economy, digital marketing, live streaming marketing, and e-commerce. And the second is now we are to innovate some new paths. Because in China, we have the association standard, so we use a new path that is from a social standard to the international standard. And the third now, we established some mechanism. So, for example, we organize the different standardization forum," Yao explained.

Nevertheless, there are challenges in the endeavor to promote the internationalization of Chinese standards, as noted by the official. This is because standards are the result of consensus-building, making it occasionally challenging to reach a consensus.

"So, I think now China needs to continue to strengthen its own capacity building and expand its international network. We should have more and more friends and actively promote the trade agreement and understand cooperation. So, China can contribute much more in the international standardization," Yao added.

Themed "Global Services, Shared Prosperity," the 2024 CIFTIS is taking place at the China National Convention Center and the Shougang Park in Beijing from Sept 12 to 16.

China promotes high-quality trade development, int'l standards cooperation: official

China promotes high-quality trade development, int'l standards cooperation: official

China promotes high-quality trade development, int'l standards cooperation: official

China promotes high-quality trade development, int'l standards cooperation: official

China promotes high-quality trade development, int'l standards cooperation: official

China promotes high-quality trade development, int'l standards cooperation: official

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CIIE hosts over 100 side events to strengthen collaboration

2024-11-08 15:27 Last Updated At:16:07

The 7th China International Import Expo (CIIE), entering its fourth day on Friday, has held 102 side events including business matchmaking sessions, investment promotion activities, and numerous forums geared toward strengthening international collaboration and economic engagement.

Since the expo's opening, procurement and investment signings have been taking the center stage, with Chinese and international participants eagerly forging new partnerships. Among the highlights, China's central state-owned enterprises (SOEs) trade delegation, National Health Commission delegation, and local trade delegations have organized 86 major signing events, landing nearly 600 cooperation agreements.

The central SOEs have achieved a record-high total intended transaction amount at the CIIE, with agreements encompassing a diverse range of sectors, including advanced technology, artificial intelligence, high-end components, and natural gas.

In addition to procurement and trade activities, this year's CIIE has convened the main Hongqiao International Economic Forum, themed "High-Standard Opening up for Universally Beneficial and Inclusive Economic Globalization," as well as various sub-forums, roundtable discussions, meetings with foreign enterprises, and "Invest in China" promotion events

The CIIE is also facilitating connections between visiting business representatives and exhibitors through a 'group tour' service. Over 4,800 attendees have engaged with approximately 1,900 exhibitors via more than 280 organized group tours.

Running from November 5 to 10, the 7th CIIE has attracted 3,496 exhibitors from 129 countries and regions.

CIIE hosts over 100 side events to strengthen collaboration

CIIE hosts over 100 side events to strengthen collaboration

CIIE hosts over 100 side events to strengthen collaboration

CIIE hosts over 100 side events to strengthen collaboration

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