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CIFTIS offers one-stop professional support for Chinese firms going global

China

China

China

CIFTIS offers one-stop professional support for Chinese firms going global

2026-09-13 17:43 Last Updated At:09-14 00:47

The ongoing 2026 China International Fair for Trade in Services (CIFTIS) showcased one-stop services for Chinese companies seeking to expand their services trade overseas, emerging as the event's major highlight.

China has posted rapid growth in services trade, pointing to a shift toward a foreign trade structure in which services become an increasingly important growth driver.

The latest official data showed that in the first seven months of 2026, China's services trade totaled nearly 4.4 trillion yuan (about 656 billion U.S. dollars), up 8.3 percent year on year.

The growing strength is drawing businesses from around the world, with a strong international presence at this year's trade fair.

The five-day CIFTIS opened on Wednesday, drawing participants from 90 countries, regions and international organizations, with over 1,800 companies showcasing their service products on-site.

"Today, it [has] also been told services [are] moving across borders, [moving] from finance and travel to brands, data and technology. That is why trade in services has become one of the most dynamic parts of the global economy," said Daren Tang, director general of the World Intellectual Property Organization.

This year's event offers Chinese companies one-stop professional support to enter foreign markets and expand the global footprint of Chinese services for the first time.

"Especially we've seen Chinese providers have been upgrading their brand, upgrading their customer service, and also being local in the local market," said Andrew Wu, CEO of Dun and Bradstreet China.

"Our group offers air, rail, and sea multimodal transportation, to better serve foreign trade enterprises' overseas expansion. One-stop support allows one-time commission and one-time customs declaration to solve customers' problem of exporting," said Wang Chuanmeng, executive director of Hebei Land Port Group.

The group also serves as an assembly center of China-Europe freight trains in north China.

"I give you an example. Traditional sea freight would take 52 days from north China's Shijiazhuang City to Hamburg of Germany, but now it only takes 18 days," said Wang.

CIFTIS offers one-stop professional support for Chinese firms going global

CIFTIS offers one-stop professional support for Chinese firms going global

A meeting between Iran and Gulf states scheduled to take place in the Omani city of Salalah on Monday has been postponed, according to a social media post by Omani Foreign Minister Sayyid Badr bin Hamad Al Busaidi on Sunday.

"In the interests of consensus the regional meeting set for tomorrow in Salalah has been postponed," Al Busaidi said on X.

"We remain committed to fostering dialogue that supports stability and lasting cooperation in our region," he added.

Confirming the meeting's deferral in an interview with Iran's official news agency IRNA, Mohammad Ali Bak, director general of the Persian Gulf at the Iranian Foreign Ministry, said it was postponed to another date at some regional countries' requests and based on a joint decision by Iran and Oman.

The official stressed that Iran is in close consultations with Oman to ensure the necessary arrangements and coordination regarding the appropriate time for holding the meeting.

Iran's Foreign Ministry spokesman Esmaeil Baghaei announced on Friday that Gulf littoral states' foreign ministers were scheduled to meet in Oman on Monday to exchange views on regional issues, including the Iran-Oman talks on designating safe routes in the Strait of Hormuz.

Speaking to Al Jazeera on Saturday, Baghaei said the gathering would "hopefully" be attended by foreign ministers from Gulf states as well as Iran and Iraq.

Meeting between Iran, Gulf states scheduled for Monday in Oman postponed: Omani FM

Meeting between Iran, Gulf states scheduled for Monday in Oman postponed: Omani FM

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