The 2020 China International Service Trade Fair (referred to as the "Service Trade Fair") is China's first major offline international economic and trade event since the new crown pneumonia epidemic. It will be held in Beijing from September 4th to 9th.

  Some people are a little unfamiliar with the name of the "Service Trade Association", in fact, it is everyone's "old friend".

The predecessor of the "Service Trade Fair" was the "Beijing Fair", which has been 8 years since its first session in 2012.

  It's just that the FTC has changed its name twice.

One time was to change the "big name". In 2019, the China (Beijing) International Service Trade Fair (hereinafter referred to as the "Beijing Fair") was renamed the China International Service Trade Fair; the other time was to change the "nickname", and in 2020, China International Trade in Services The abbreviation of the fair was changed from "Beijing Fair" to "Service Trade Fair".

  Many people are curious, is there any connection between this major international economic and trade event and our daily lives?

  In fact, when you open your eyes every day, service trade is by your side.

For example, if you go shopping and see delicious food and send a box to overseas friends, you will use the postal transportation service; watching the imported “blockbuster” in a movie theater is a cultural and entertainment service; learning English with a foreign teacher remotely Educational services are used.

  More comprehensively, which areas belong to service trade?

  According to the definition of the World Trade Organization, service trade is divided into 12 major areas, including business services, communication services, construction and related engineering services, financial services, tourism and travel related services, entertainment, culture and sports services, transportation services, health and social services, Educational services, distribution services, environmental services and other services.

  Therefore, there are actually many similarities between trade in services and trade in goods. They pay the money in one hand and the "goods" in the other. It's just that the sellers of the service trade are not selling goods but services.

  As for why we need to set up a service trade fair?

  Because the service industry now accounts for "half of China's economy."

In 2019, the added value of the service industry accounted for 53.9% of GDP, and its contribution to economic growth reached 59.4%.

However, the proportion of my country's service industry in GDP is about 20% lower than that of developed countries, and the proportion of service trade in total trade is about 10 percentage points lower than the global average, and it has been in deficit for a long time.

  As an important platform for my country to promote a new round of high-level opening up to the outside world, the Service Trade Association can promote the exchange and development of my country's service industry and service trade, and enhance global competitiveness.

  Moreover, in the context of the global new crown pneumonia epidemic, the 2020 Service Trade Fair will demonstrate to the international community the remarkable results achieved in my country’s epidemic prevention and control and economic and social development, release positive signals to adhere to economic globalization and strengthen international economic and trade cooperation, and boost Global development confidence.

  Under this special situation, how to participate in the service trade fair?

  In order to allow guests who were unable to attend the event due to the epidemic to participate, the FTC adopted a combination of online and offline methods.

"Cloud Conference", "Cloud Exhibition" and "Cloud Negotiation" have become important features of this service trade fair.

  In addition to various offline events, the FTC will host more than 30 online conferences, more than 70 combined online and offline conferences, and nearly 100 live online events.

Video conferences, video live broadcasts, 3D virtual booths, video negotiations, online translation, intelligent customer service, etc. are all available for merchants and audiences.

  This event related to you is about to open, come and see!

  Author: Peng Jing as

  Drawing: Li Xueyao