Foreign exhibitors at the the 2024 China International Fair for Trade in Services (CIFTIS) are looking forward to the event's next year edition after achieving fruitful results in increasing market share and expanding networking circles.
Buba Batmunkh, a Mongolian exhibitor, expressed hopes to participate in the event next year and expand the exhibition area for his products.
"Just this (Sunday) morning, I met with someone who wants to be the distributor to our Mongolian products in Xiamen. They already have their Xiamen sales channel. It has been very fruitful for us, I didn't make a wrong decision. I'm very happy I participated this year, it has already been very successful in terms of the business cooperation and meeting with people. And I'm looking forward to come next year again. I think if we can, we may make this place bigger," said Batmunkh.
"We have also received a lot of inquiries about high-end technology and new energy in recent days. We also hope to use this platform to reach some future agreements," said Aleksandra Smolak, business development representative of the Polish Investment and Trade Agency.
Khaled Al-Shehhi, chargé d'affaires of UAE Embassy in China, said at the UAE-Beijing Economic Forum on Friday that the fair will deepen bilateral relations and explore new areas of cooperation.
"The CIFTIS serves as a platform to elevate cooperation between our two countries to new heights and to strengthen investment exchanges that will benefit our two countries and friendly peoples," said Al-Shehhi.
This year's CIFTIS was held in Beijing from Sept 12 to 16. Over 200 well-known domestic and foreign companies participated both online and offline, showcasing cutting-edge technologies, products, and innovative solutions.
Foreign exhibitors look forward to next year's CIFTIS
China aims to achieve secure and reliable supply of key core artificial intelligence (AI) technologies by 2027, with its industrial scale and empowerment level remaining among the world's forefront, according to a recent government action plan.
The plan, jointly issued by eight departments including the Ministry of Industry and Information Technology, the Cyberspace Administration of China, and the National Development and Reform Commission, outlines an ambitious push to deeply integrate AI with the manufacturing sector, foster new quality productive forces and comprehensively empower new industrialization. By 2027, the plan targets the deep application of three to five general-purpose large AI models in manufacturing, the development of specialized, full-coverage industry-specific large models, the creation of 100 high-quality industrial datasets, and the promotion of 500 typical application scenarios.
It also aims to cultivate two to three globally influential ecosystem-leading enterprises, a batch of specialized and sophisticated small and medium-sized enterprises, and a group of enabling service providers proficient in both AI technology and industry know-how.
Furthermore, China plans to build a world-leading open-source ecosystem, enhance security governance capabilities, and contribute Chinese solutions to global AI development.
The document outlines measures including promoting the coordinated development of AI chips' hardware and software, supporting innovations in model training and inference methods, fostering key industry-specific large models, and deeply embedding large model technology into core production processes.
The plan also emphasizes making breakthroughs in key technologies such as security protection for industrial model algorithms and training data protection.
China aims for secure, reliable supply of AI core tech by 2027
