2020年CRI Beijing fair to highlight China's growing services trade

 

The fifth session of the China Beijing International Fair for Trade in Services is due to open in the Chinese capital on Monday. The fair has become a magnet for international exhibitors eying a bigger market share.

With the theme "openness, innovation, and integration¹," this year's event is attracting businesses from around the world.

"The fifth fair has attracted more businesses from around 120 countries and regions. Among the participating delegations², 25 come from 46 countries along the Belt and Road. 60 countries and regions have formed groups to join the showcase, an increase of 26 from the last fair. 28 special seminars and activities for countries and regions will be held, 13 more from the last fair," explained Yan Ligang, from Beijing's Commerce Commission.

He added that the fair will feature Belt and Road cooperation, opening up and innovation in the service sector³, and integration among different service-related industries.Meanwhile, a showcase marking the 40th anniversary of China's reform and opening up will be put on.

Ding Huiru from China's Ministry⁴ of Commerce said that the services trade in China has been steadily⁵ growing in recent years and reached 4.7 trillion yuan last year, representing a 6 percent increase from 2016 and ranking second in the world four years in a row.

"First, the proportion of foreign trade volume in the services trade hit record highs, amounting to 15.9 percent in the first quarter. Second, the service export drives the whole service trade sector. The export of new services adds up to nearly 220 billion yuan, up 24.1 percent year on year. Third, growth has been particularly strong in high-end services trade, including trades for intellectual property rights," said Ding. 

More than 130 seminars, meetings and trade activities have been planned for this year's fair, with an exhibition area covering 50,000 square meters. The offshore⁶ exhibition area gathers delegations from 37 countries and regions, including the United States, Japan, Switzerland and Australia. The domestic exhibitors hail from 31 provinces, autonomous⁷ regions and municipalities, including Ningbo, Xiamen, Qingdao, Shenzhen and Shenyang.

More than 7,500 domestic and international companies have participated in the last four sessions of the services trade fair, attracting an audience of around half a million merchants from 173 countries. The session this year will run from May 28 through June 1.

1 integration   

n.一体化，联合，结合

参考例句：

• We are working to bring about closer political integration in the EU.我们正在努力实现欧盟內部更加紧密的政治一体化。
• This was the greatest event in the annals of European integration.这是欧洲统一史上最重大的事件。

2 delegations   

n.代表团( delegation的名词复数 )；委托，委派

参考例句：

• In the past 15 years, China has sent 280 women delegations abroad. 十五年来，中国共派280批妇女代表团出访。 来自汉英非文学 - 白皮书
• The Sun Ray decision follows the federal pattern of tolerating broad delegations but insisting on safeguards. “阳光”案的判决仿效联邦容许广泛授权的做法，但又坚持保护措施。 来自英汉非文学 - 行政法

3 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

4 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

5 steadily   

adv.稳定地；不变地；持续地

参考例句：

• The scope of man's use of natural resources will steadily grow.人类利用自然资源的广度将日益扩大。
• Our educational reform was steadily led onto the correct path.我们的教学改革慢慢上轨道了。

6 offshore   

adj.海面的，吹向海面的；adv.向海面

参考例句：

• A big program of oil exploration has begun offshore.一个大规模的石油勘探计划正在近海展开。
• A gentle current carried them slowly offshore.和缓的潮流慢慢地把他们带离了海岸。

7 autonomous   

adj.自治的；独立的

参考例句：

• They proudly declared themselves part of a new autonomous province.他们自豪地宣布成为新自治省的一部分。
• This is a matter that comes within the jurisdiction of the autonomous region.这件事是属于自治区权限以内的事务。