Media OutReach
China advances services trade, unlocking opportunities for global collaboration
This message resonated strongly at the ongoing 2025 China International Fair for Trade in Services (CIFTIS) in Beijing, which gathered exhibitors from over 80 countries, regions and international organizations.
As China steadily opens its service sector and consumption shifts toward services, the fair provides a crucial meeting point for global companies to access new opportunities, find solutions and share in the benefits of China’s high-quality development.
SURGING DEMAND
Now in its 12th edition, the fair serves as a platform for China to showcase the development of its service industry and highlight its market potential. The core exhibition area alone spans over 100,000 square meters — equivalent to approximately 14 standard football fields — covering a wide array of service sectors such as culture and tourism, education, transport, health, finance, environment, sports and information technology.
This year, CIFTIS offers a unique opportunity for visitors: a one-stop tour of Beijing’s most iconic cultural sites, all within the walls of the culture and tourism services hall.
Among many exhibitors, the Summer Palace, the Temple of Heaven, and some other renowned destinations in Beijing have set up a collective booth, bringing their popular cultural and creative products to the event. This setup offers international visitors an efficient way to experience the highlights of Beijing’s cultural creativity without having to travel all over the city.
“The fair offers a key platform for us to communicate and collaborate with potential partners across various industries,” said Wang Fang at the Beijing Zoo booth, who had just discussed potential cooperation on eco-friendly souvenirs with a visiting company.
“Our goal is to provide both domestic and international tourists with higher-quality services and added value,” she added.
Instead of hunting for traditional goods, visitors at the CIFTIS are browsing for experiences. As China enters a stage where the service sector takes up more than half of the economy, the demand for high-quality services is on the rise, creating space for domestic industries to lift standards and for international companies to tap into this opportunity.
China’s consumption pattern has evolved into a stage that combines goods consumption with services consumption, said Chinese Vice Commerce Minister Sheng Qiuping, noting that from January to July this year, service retail sales grew by 5.2 percent year on year, with services accounting for a rising share of total consumption.
Sheng pointed out that the challenge lies in the insufficient supply of high-quality services to meet the rising demand. In this context, CIFTIS plays an important role in expanding imports of quality services.
The fair, gathering nearly 2,000 exhibitors, including close to 500 Fortune Global 500 companies and industry-leading enterprises like Walmart, AstraZeneca and KPMG, offers a glimpse into some of the world’s most innovative service offerings.
Chinese-made humanoid robots drew significant attention by demonstrating capabilities such as delivering food, preparing coffee, playing football, and even engaging in boxing matches.
Honson To, chairman of KPMG China and Asia Pacific, noted that China’s development of new quality productive forces, including cloud computing, big data, and artificial intelligence, will drive progress in knowledge-intensive services trade.
“As a window of China’s high-standard opening-up, CIFTIS will continue to optimize the services trade structure and inject robust resilience and vitality into the Chinese economy,” he added.
DEEPENING OPENING-UP
Paul Bateman, chairman of J.P. Morgan Asset Management, has visited China for more than 150 times over the past 30 years. “With each visit, I’m more impressed by the vitality and growth of China’s market,” he said while addressing the Global Trade in Services Summit of the CIFTIS.
Paul Bateman, global chairman of JP Morgan Asset Management, addresses the Global Trade in Services Summit of the 2025 China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China, Sept. 10, 2025. (Xinhua/Li Xin)
Noting that the company’s footprint in China has expanded in recent years thanks to China’s decision to open up its service sector, particularly the removal of foreign equity caps in certain financial services, Bateman said the growth of trade in services is creating significant opportunities for the industry.
China has continued to advance the opening-up of its service sector. Last year, the country established a nationwide negative list management system for cross-border trade in services. In certain pilot free trade zones, overseas residents can now open securities or futures accounts to engage in businesses such as securities investment consulting or futures trading advisory services.
These policies have contributed to a notable rise in trade in services. In the first half of this year, China’s total services trade reached a record 3.9 trillion yuan (about 549 billion U.S. dollars), marking an 8 percent year-on-year increase.
During the fair, officials pledged efforts to further open up the sector. China will promote pilot opening-up programs in the fields of telecommunications and medicine, while steadily advancing opening-up in the education and culture sectors, Sheng said.
The country will also deepen alignment with high-standard international economic and trade rules, and foster a transparent, stable, and predictable institutional environment, he added.
“China is willing to work with all countries and parties to strengthen opening up and cooperation in services trade, and promote growth in global trade and world economy,” said Chinese Vice Premier Ding Xuexiang at the fair.
SHARED OPPORTUNITY
For international participant at CIFTIS like Australian vocational education provider Chisholm Institute of TAFE, China’s growing demand for high-quality services represents a tangible opportunity.
“We’re looking to find partnerships that allow us to deliver Australian vocational qualifications in the Chinese market,” said Christopher Hogg, global business development manager of the institute, highlighting education as a key area of services trade collaboration between the two countries.
Over the years, CIFTIS has become a key platform that promotes global collaboration, encourages the exchange of advanced services, and creates shared opportunities for global businesses.
Norway’s national pavilion, featuring nine companies across sectors like health, nutrition and aquaculture, exemplifies how China’s changing consumption pattern is creating opportunities for foreign enterprises.
Henning Kristoffersen, commercial counselor of the Norwegian Embassy in China, noted the alignment between Norwegian offerings and rising Chinese health consciousness. “The Chinese consumers are very health-conscious. And for the products that we have in Norway, this is great,” he said, seeing “great opportunities” for Norwegian businesses to find partners and introduce products to Chinese consumers.
Andre Haspels, ambassador of the Netherlands to China, pointed to sports services as a vibrant area for cooperation, citing examples like collaborations in swimming safety and cycling infrastructure. “Sports, of course, is very important for health, mental and physical health,” he said, emphasizing the importance of cooperation in the health sector.
As Sheng noted, by deepening integration with global markets, strengthening industrial collaboration and expanding open cooperation in trade in services, “China will inject stronger momentum into global economic prosperity.”
Hashtag: #CIFTIS
The issuer is solely responsible for the content of this announcement.
VinFast’s electric SUV is earning loyalty from Vietnam to the Middle East by fitting seamlessly into real lives, long drives, and daily routines.
HAI PHONG, VIETNAM – Media OutReach Newswire – 16 January 2026 – VinFast’s VF 8 is traveling well, winning over drivers across markets with everyday performance, thoughtful design, and uncommon peace of mind.
A VF 8 owner belong to a relatively exclusive, self-selecting club that its maker VinFast have built across the globe. It is the kind of club formed less by marketing than by shared curiosity and a willingness to move early. Owners tend to recognize one another not by badges or decals, but by the confidence that comes from having made a deliberate choice.
The VF 8 holds a special place for VinFast. It was the brand’s first fully international offering, the vehicle tasked with introducing a young Vietnamese automaker to demanding markets abroad. As a result, the car was designed to travel well. Styled in collaboration with Pininfarina, the VF 8 favors clean proportions over visual noise. Beneath the surface, its dual-motor all-wheel-drive system and 402 horsepower provide performance that feels reassuring.
In Vietnam, the VF 8 has appealed to high-mileage drivers like Nguyen Phuong Hoang Dung, a Ho Chi Minh City-based construction project manager who covers about 5,000 kilometers a month. “When you drive that much, comfort and stability directly affect your health, your mindset, and how well you work,” he said. Having spent years with gasoline cars, he switched to the VF 8 in August 2025, drawn by its smooth throttle response and calm, seamless acceleration. Now, with more than 20,000 kilometers behind him, he said, “The more I drive it, the more confident I am that choosing the VF 8 was the right decision.”
As the VF 8 expanded into North America and Europe, it increasingly settled into a simpler role: a dependable everyday vehicle. Robert, who has driven his for more than a year and a half, said it has been “a great vehicle,” adding that “you will not find another this size in the price range they offered it.” For Jonathan, the VF 8 fits neatly into daily routines. “For us it’s a city vehicle with short rides every day, and it answers our needs,” he said. “Very comfortable, impressive performance, good in snow, and strong overall.”
In the Middle East, the VF 8’s appeal sharpens as VinFast pairs the car with ownership benefits that are rare in the segment, including complimentary maintenance coverage for five years or 100,000 kilometers. These are not small details in markets where peace of mind often matters as much as design. “The maintenance package made the decision easy,” said an owner in Dubai. “You know exactly where you stand.”
The idea of a VF 8 community is beginning to take shape. Across markets, it connects drivers in Vietnam, Europe, North America, and the Middle East through a shared understanding of what modern electric ownership can be. Thoughtful design. Capable performance. A clear push toward sustainability without asking drivers to compromise their routines.
For those inside the club, the VF 8 is not simply a statement car. No, something even better. A car that makes sense, day after day, in very different parts of the world.
Hashtag: #VF8 #VinFast
https://me.vinfast.com/enThe issuer is solely responsible for the content of this announcement.
Media OutReach
ONYX Hospitality Group Partners with Yee Fung Group to Launch “Y Hotel Nanshan Shenzhen”, Expanding its Portfolio in China
ONYX Hospitality Group oversees renowned brands including Amari, OZO, Shama, and Oriental Residence across key destinations in the Asia–Pacific region. This agreement marks another significant milestone in strengthening ONYX’s presence in the Chinese market. Scheduled to open in Q4 2026, the hotel supports ONYX’s long-term growth strategy as it works toward its target of managing more than 75 properties by 2030.
Mr Yuthachai Charanachitta, Chief Executive Officer of ONYX Hospitality Group, commented: “This collaboration reflects the strong confidence Yee Fung Group has in ONYX, following our successful partnership in managing Y Hotel Hong Kong. It represents a significant step forward in building on that success and further expanding ONYX’s presence in the Greater China market. At the same time, this partnership reinforces ONYX’s position as a distinctive ‘Regional Player’, well-positioned for stable and sustainable growth across the region.”
Y Hotel Nanshan Shenzhen featuring 82 thoughtfully designed guest rooms and suites, located within YEE FUNG PLACE on a strategically significant site surrounded by key national infrastructure. The area is supported by five major national sea and land ports, including Shekou, Chiwan and Mawan, servicing more than 150 shipping routes. It is also situated at the heart of one of China’s leading innovation and industrial hubs, home to sectors such as integrated circuits, artificial intelligence, biomedicine and the marine economy, alongside more than 50 specialised industrial parks.
Y Hotel Nanshan Shenzhen is ideally suited for leisure travellers, offering convenient accessibility just 35 minutes from Shenzhen Baoan International Airport and 31 minutes from Shenzhen North Railway Station, and only 650 metres from Lilin Subway Station. The surrounding area features vibrant food markets and nightlife destinations such as Nanyi Fang, Shekou Sea World, Green World and Houhai, as well as cultural and recreational attractions including Shenzhen Poly Theatre, Shenzhen Talent Park, Nanshan Museum, Nanshan Park and Shenzhen Bay Park. Guests will also find leading shopping centres nearby, including Walmart, Xinhe Shopping Plaza, Garden City, Haiya Mega Mall, Coastal City and Shenzhen Bay MixC.
Furthermore, the hotel is located close to the headquarters of major national technology companies such as ZTE, Tencent, Huawei, Alibaba, Han’s Laser and Mindray, as well as Shenzhen University, positioning it as both a relaxing retreat and a strategic hub for business travellers seeking comfort alongside a distinctive lifestyle experience.Hashtag: #ONYXHospitalityGroup #YeeFungGroup #YHotel #HospitalityManagement #HotelManagement #LifestyleHotel
https://www.linkedin.com/company/onyx-hospitality-group/
https://www.facebook.com/ONYXHospitalityGroup
https://www.instagram.com/onyxhospitalitygroup/
The issuer is solely responsible for the content of this announcement.
About ONYX Hospitality Group:
ONYX Hospitality Group, a reputable force in Southeast Asia’s hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers in Southeast Asia where their expertise lies. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food and beverage. With over five decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.
More information: 
www.onyx-hospitality.com
More Compact Size, Greater Power Output
The AFERIY Nomad1800 keeps the same battery capacity while boosting power output by 50% through system and structural optimization. Weighing 11.6 kg, it is about 10% lighter than the previous model.
Despite its lighter design, it delivers 1800 W rated AC output (peak 3600 W), powering appliances like rice cookers, kettles, car refrigerators, and induction cooktops for camping, RVs, and home emergencies.
Fast Charging: 0–80% in 36 Minutes
The Nomad1800 adopts a hybrid fast-charging solution supporting both AC grid power and solar input. It can charge from 0% to 80% in just 36 minutes, significantly reducing charging time. This fast-charging capability allows the Nomad1800 to adapt to short stops, travel intervals, and unexpected power outages, providing users with efficient and predictable energy support.
Safe and Durable LiFePO₄ Battery
The Nomad1800 is equipped with a 1024 Wh lithium iron phosphate (LiFePO₄) battery supplied by EVE Energy. After more than 4,000 charge and discharge cycles, the battery retains up to 80% of its capacity.
An intelligent BMS monitors voltage, current, and temperature to ensure safe, stable operation even under high load or fast charging.
Industry-Leading Seven-Year Warranty
AFERIY offers the Nomad1800 an industry-leading seven-year warranty on core components and systems, reflecting confidence in its quality, safety, and durability.
Comprehensive Power and Safety Protection
The Nomad1800 features multiple output ports, enabling simultaneous power supply to multiple devices. It also supports UPS functionality, switching within 10 milliseconds during grid power interruptions to protect sensitive equipment such as computers and routers.
Under low-load operation, noise levels remain below 30 dB. In addition, the unit includes built-in LED lighting and an SOS flashing mode to enhance safety during nighttime and emergency use.
For more information, please visit the official AFERIY website or AFERIY on Amazon.
Hashtag: #AFERIY
The issuer is solely responsible for the content of this announcement.
About AFERIY
AFERIY is a global brand focused on portable energy storage and clean energy solutions, committed to providing efficient, safe, and reliable power for outdoor activities, home emergency use, and professional applications.
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