2026 CIFTIS concludes with fruitful achievements across multiple fields

China

2026 CIFTIS concludes with fruitful achievements across multiple fields

2026-09-13 17:50 Last Updated At：20:37

The 2026 China International Fair for Trade in Services (CIFTIS) concluded Sunday at the Shougang Park in Beijing, delivering a series of remarkable highlights and fruitful outcomes in forums, business matchmaking and promotion events, exhibitions, and achievement releases.

As of 12:00 Sunday, the core exhibition area of CIFTIS received nearly 420,000 visitor entries, a year-on-year increase of 36.6 percent. The event attracted about 810,000 visitor entries to the Shougang Park, rising about 20 percent year on year. During the fair, over 100 enterprises and institutions unveiled their latest achievements.

"A number of authoritative reports, including 'China Trade in Services Development Report', 'Measuring Servicification and Impacts of Services Trade and Policy', 'Digital Trade Development and Cooperation Report', have been released during this year's CIFTIS. These publications share cutting-edge research findings, analyze the latest industry trends, and facilitate international exchanges and cooperation," said Zhu Guangyao, an official with the Department of Trade in Services and Commercial Services of the Ministry of Commerce.

A total of 134 promotion and matchmaking events were held during the fair, up nearly 80 percent year on year. The fair also attracted delegations from 74 central state-owned enterprises, 16 central financial enterprises and industry associations. A total of 2,640 pieces of supply and demand information were released throughout the event, delivering tangible cooperation opportunities for participating enterprises and securing fruitful outcomes across diverse fields.

"The delegation of Norway, this year's guest country of honor, signed six cooperation agreements with Chinese enterprises and institutions. At the 'Invest in Beijing' promotional event, 36 key projects were signed on-site, spanning 12 industrial sectors such as technological innovation, intelligent manufacturing, and modern services. The conference yielded over 1,200 outcomes across seven categories, pragmatically fostering resource matching as well as exchange and cooperation," said Lu Huiling, deputy director of Beijing Municipal Commerce Bureau.

BRICS vital for trade growth, currency integration: Egyptian FM

Egyptian Foreign Minister Badr Abdelatty on Thursday said that BRICS is a vital platform to expand trade and promote local‑currency transactions, pledging Egypt’s continued push to deepen cooperation within the bloc.

At a press conference in Egypt's New Administrative Capital, Abdelatty stressed the importance of increasing trade volume and using local currencies in transactions to strengthen trade among member countries.

"BRICS for us is an extremely important economic platform and it's very important to enhance trade volume, to use local currencies in transactions to enhance trade among the BRICS countries. And of course we have a development bank which is not applying any conditionality, and that's very, very important. And so we will continue our efforts in order to enhance cooperation within BRICS members and as well as not using BRICS as a tool within the current polarization in the global system, this is very important," he said.

On cooperation with China, Abdelatty said Chinese President Xi Jinping's recent state visit to Egypt was highly significant as it marked Xi's first state visit to the country in a decade and coincided with the 70th anniversary of the establishment of diplomatic relations between the two countries.

He said Egypt is advancing the next phase of the China-Egypt TEDA Suez Economic and Trade Cooperation Zone and will work to implement the consensus reached by the two heads of state, including promoting the localization of key industries such as electric vehicles.

"We will continue to enhance our cooperation with China based on mutual interest, mutual respect and noninterference in the internal affairs of any country. And of course, we will enhance our trade volume, as well as investment and localization, especially in key areas like automotive, including electric cars, also the localization of the different industries when it comes to renewable energy, solar panels, turbine towers, blades, those are of great importance," he said.