2025 CIFTIS kicks off in Beijing

The 12th China International Fair for Trade in Services opens on Wednesday in Beijing. Since its inception in 2012, the fair has grown into a global stage for showcasing new trends and technologies in the service sector. It now stands as a microcosm of China's push for openness and high-quality growth, and a window into how China's trade in services is gaining momentum. What can we expect during this year's fair? What does the focus on the service sector reveal about the direction of China's economy? What impact might this have on China and its trading partners?