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Upcoming CIFTIS puts focus on digital economy

chinadaily.com.cn | Updated: 2021-08-04 10:46

Journalists visit the Shougang Park, where some events of the China International Fair for Trade in Services (CIFTIS) will take place, in Shijingshan district in Beijing, capital of China, Aug 1, 2021. [Photo/Xinhua]

Beijing, the venue for this CIFTIS, has put a great deal of resources into digital development. According to a document published by the People's Government of Beijing, the city has set goals for the construction of a global leading city in digital economy in three phases.

By 2025, a data-driven high-quality development mode will be basically built up, the value-added for the digital economy will account for about 50 percent of regional GDP and join the ranks of global leading cities in digital economy, the document said.

Apart from the traditional venue of the China National Convention Center, this year's CIFTIS added a new venue, Shougang Park, a new city landmark on the grounds of a vacated industrial site in Shijingshan district.

The fair this year will hold eight enterprise exhibitions covering telecommunications, computer and information services, financial services, culture and travel services, education services, sports services, supply chains and business services, engineering consultation and construction services, and healthcare services. So far, more than 600 companies have signed up for these eight special exhibitions, according to organizers.

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