A glance at the Shougang Park, the permanent venue of the China International Fair for Trade in Services. [Photo provided to chinadaily.com.cn]
Warm autumn sunlight fell across Shougang Park, a former steel mill site in western Beijing. In two days, the park will welcome delegates from around the world as the 2026 China International Fair for Trade in Services gets underway.
The fair comes at a time when global growth is under pressure, as higher tariffs and mounting protectionism weigh on goods trade. Trade in services, by contrast, has shown greater resilience, with digitalization and the green transition opening new avenues for cross-border business and providing fresh impetus to the world economy.
The growth in China's services trade reflects the expanding global footprint and rising competitiveness of Chinese service providers, as more companies tap overseas markets and forge cross-border partnerships.
In an interview, Li Hongyu, general manager of Beijing-based radiotherapy equipment maker LinaTech, said CIFTIS had helped the company forge international partnerships and expand its global presence.
