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Services trade surges as China embraces smart technologies, openness

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BEIJING, CHINA – Media OutReach Newswire – 15 September 2025 – In Shougang Park, a former ironworks site in western Beijing, new technologies from AI to cloud computing and green innovation are on display amid the rusty blast furnaces and steel relics.

The 2025 China International Fair for Trade in Services (CIFTIS), featuring digital innovation and intelligent technologies, is underway in the park, gathering nearly 2,000 enterprises, including Global Fortune 500 companies and leading industrial enterprises in search of new cooperation opportunities in China.

Caption: This photo taken on Sept. 11, 2025 shows a photography enthusiast taking pictures of the night view of Shougang Park in Beijing, capital of China. Against the backdrop of repurposed blast furnaces and industrial relics of Shougang Park in western Beijing, the 2025 China International Fair for Trade in Services (CIFTIS) opened on Wednesday, striking a tone of open markets and digital innovation. (Xinhua/Chen Yehua)

Global exhibitors and business leaders are optimistic about the growth and future of China’s international services trade, hailing the country’s consistent policies to open up its services sector as a catalyst for global trade and shared growth.

ROBUST GROWTH

For Philips, the Dutch medical technology leader with a four-decade presence in China, the fair reflects robust momentum in the country’s healthcare sector. Returning to CIFTIS for the fifth consecutive year, Philips unveiled its latest magnetic resonance system, a breakthrough that shortens scan times and boosts efficiency.

“The growing awareness of healthcare and the leap in medical technologies have fueled the sector’s growth in China,” said Yang Donglan, vice president of Philips Greater China. “Every year at CIFTIS, we feel China’s business environment becoming more open and inclusive, giving us the confidence to deepen our roots here.”

Tourism company TUI China shares that optimism. The Germany-headquartered firm sees inbound travel gaining fresh momentum.

Technology has been a boost to tourism, said TUI China CEO Guido Brettschneider, noting that modern technologies, ranging from translation tools that enable tour guides to communicate in multiple languages to mobile payment options like Alipay and WeChat Pay for overseas visitors, have reduced barriers and enhanced traveler satisfaction.

The numbers bear this out. From January to July in 2025, China’s total services trade reached 4.58 trillion yuan (642.7 billion U.S. dollars), up 8.2 percent year on year. Tourism, a pillar of this growth, totaled 1.26 trillion yuan (177 billion dollars), surging 10.4 percent, according to a report from the Chinese Ministry of Commerce in early September.

The growth is attracting more global partners. Australia, this year’s guest country of honor at CIFTIS, sent its largest-ever delegation of nearly 60 organizations and companies.

On the opening day, it signed 15 agreements with Chinese partners in sectors including education, healthcare, finance and culture.

“China remains a market of tremendous potential in the service sector,” said Dominic Trindade, commercial minister at the Australian Embassy in Beijing. “Australia is committed to the Chinese market and our service providers are ready to develop new partnerships here.”

TECH POWER

At the Industrial and Commercial Bank of China (ICBC) booth, a humanoid robot greeted visitors, offering a glimpse into the future of banking.

Already deployed in several branches, the AI assistant can answer questions and explain bank services — an emblem of this year’s CIFTIS theme: “Embrace Intelligent Technologies, Empower Trade in Services.”

Digital innovation is becoming the backbone of China’s service economy. In the first seven months of 2025, knowledge-intensive services — including AI, digital finance, and professional consulting — rose 6.8 percent to 1.78 trillion yuan (250 billion dollars), said the commerce ministry report.

For Zaha Hadid Architects, a British architecture and design firm, the tech boom is transforming the construction services industry.

Digital tools are adopted throughout the construction process, from design to fabrication, enabling factories to precisely execute the design, which enhances accuracy and quality control, said Satoshi Ohashi, director of Zaha Hadid Architects.

China has built an incredible manufacturing base, and now it has grown and developed into an innovation powerhouse, said Ohashi. “And I think that’s the power and potential of the Chinese economy.”

The view is echoed by Henning Kristoffersen, commercial counselor of the Royal Norwegian Embassy in Beijing, who noted that China’s technological advancements are helping international firms raise efficiency and sharpen competitiveness.

By shifting from traditional industries to high-value-added sectors, China is enhancing its capacity to deliver high-quality and innovative services to its international partners, said Dale Pinto, president and chair of the board of CPA Australia. “This transition is opening new avenues for global cooperation of mutual benefit.”

POLICY OPENNESS

The rapid expansion of China’s services trade comes amid its consistent commitment to opening up and win-win cooperation.

Amid a notable rise in unilateralism and protectionism, China has steadily advanced institutional opening up in trade in services, which has provided strong momentum for its own development and created greater room for global economic growth, said Chinese Vice Premier Ding Xuexiang during a keynote speech at the event.

He also reiterated China’s commitment to working with all countries and parties to strengthen opening up and cooperation in services trade.

This commitment is tangible for foreign companies like Philips.

A more open and inclusive business environment in China offers more pragmatic opportunities for the company’s development, encouraging it to further strengthen its operations here, said Yang Donglan, vice president of Philips Greater China.

Global scholars have hailed China’s opening up as a strong driver for an open world economy and inclusive growth.

China’s efforts to advance high-standard opening up bring opportunities for shared development and prosperity to countries of the Global South, while improving the global governance system, said Mutinda Mutisya, a senior lecturer at the Department of Diplomacy and International Studies of the University of Nairobi.

Steps taken by Chinese policymakers have created a platform for equal participation by its partners, including emerging economies, said Tolonbek Abdyrov, a professor of economics and vice rector of the International Higher School of Medicine in Kyrgyzstan, noting that China’s advocacy for equal rights to development of all countries sends a clear and positive message.

CIFTIS and China’s commitment to openness provide a much-needed boost to global trade, strained by tariff hikes, said Herman Tiu Laurel, president of the Asian Century Philippines Strategic Studies Institute, a Manila-based think tank. “CIFTIS will help sustain and improve the momentum of global trade and growth.”
Hashtag: #CIFTIS

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Luxury Hair Clinic Sheer Reprime Marks 8th Anniversary with a Flagship Expansion into Hong Kong’s Prestigious Wellington Street

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Luxury hair and scalp rejuvenation pioneer Sheer Reprime invests nearly HK$10 million to deploy next-generation, FDA and CE-certified hair restoration and scalp rejuvenation technologies.

HONG KONG SAR – Media OutReach Newswire – 8 June 2026 – Celebrating eight years of clinical excellence, premier hair and scalp rejuvenation brand Sheer Reprime today announced the grand opening of its ultra-luxury flagship center on Wellington Street, Central. Representing a strategic investment of nearly HKD10 million, the expansive facility positions Sheer Reprime at the epicenter of Hong Kong’s elite financial and cultural district. This expansion marks a new era of medical-grade, advanced hair restoration and scalp rejuvenation.

Hair and scalp rejuvenation pioneer Sheer Reprime expands into Hong Kong’s Wellington Street with a flagship center.

Located at 50 Wellington Street, adjacent to the iconic Yung Kee restaurant, the near-full-floor flagship features private treatment suites engineered for maximum comfort and discretion. The venue is optimized for busy and successful individuals, stars and celebrities seeking world-class clinical trichology with exceptional hospitality.

Bridging Follicle Biology and Biophotonics

Sheer Reprime’s expansion directly addresses a surging global market demand for scientifically backed hair-loss solutions, particularly as stress and lifestyle factors accelerate the onset of premature thinning among younger demographics.

“Our expansion into the heart of Central marks a watershed moment for Sheer Reprime,” said a Brand Spokesperson. “The modern consumer demands rigorous, evidence-based hair and scalp treatments. Sheer Reprime is built at the intersection of Follicle Biology and Biophotonics. Our multi-million-dollar investment into an advanced clinical instrumentation allows us to optimize the scalp microenvironment at a cellular level, far surpassing the limitations of older generation treatments.”

Internal clinical metrics validate the brand’s scientific approach. In a recent study tracking 100 urban professionals over a 12-week regimen of Sheer Reprime’s laser hair rejuvenation therapy, participants demonstrated an average increase of 22% in hair shaft thickness and an 18% increase in active follicular density.

Departing from standard industry practices focused merely on surface-level scalp cleansing, Sheer Reprime introduces its proprietary Connotation Therapy. This multi-modality framework combines technologies which have received FDA, Medical CE, and EU MDR (Medical Device Regulation) certifications. Amongst them SLD LLLT hair loss treatment, which delivers biophotonic laser energy 3–5mm beneath the scalp surface to revive the follicular base. Winback Tecar Therapy and 500kHZ cellular radio frequency, which utilizes deep thermal energy to enhance localized microcirculation across the head, neck, and shoulders, maximizing nutrient and oxygen delivery to the hair bulb while flushing out metabolic waste and DHT (dihydrotestosterone).

The launch of Sheer Reprime’s Wellington Street flagship redefines the luxury trichology landscape in Hong Kong, merging clinically proven regenerative technologies with an unparalleled bespoke experience.

Hashtag: #sheerreprime #煥光活髮

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About Sheer Reprime

Sheer Reprime is a premier scientific hair and scalp rejuvenation brand. By fusing Follicle Biology with Biophotonics, the brand transcends the boundaries of traditional hair care. Operating its multi-million-dollar flagship in Central, Sheer Reprime deploys FDA and CE-certified medical-grade technologies to lead the global industry into the era of cellular hair restoration. For more information, visit:

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Trransfer Technologies And LINE GO Partner To Expand Enterprise Ground Transportation Across Taiwan And Global Markets

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Partnership combines LINE GO’s MaaS ecosystem platform with Trransfer Technologies’ global B2B ground transportation platform to serve Taiwan’s growing outbound business travel demand

SINGAPORE – Media OutReach Newswire – 8 June 2026 – Trransfer Technologies, a global B2B ground transportation platform serving corporate travel managers, private aviation firms, banks, luxury concierge services and enterprise customers to fulfill across more than 80 destinations worldwide, announced the official launch of its strategic partnership with LINE GO, Taiwan’s premier MaaS (Mobility as a Service) ecosystem platform. Officially commencing today, the partnership follows a successful one-month operational pilot since May 11, 2026, and is designed to unlock new enterprise demand in Taiwan while creating a scalable outbound travel solution for Taiwanese companies, multinational corporations and business travelers.

Taiwan’s outbound travel market reached 18.94 million departures in 2025, a 12.43 percent increase from 2024 and a new historical high. This upward trajectory underscores a compelling opportunity for enterprise-focused mobility providers to capture demand from corporations and business travelers who require seamless, reliable ground transportation solutions across global destinations.

A Partnership Built on Complementary Strengths

Trransfer Technologies will bring international corporate and enterprise travel demand into Taiwan, with LINE GO providing local fulfillment through its established mobility network, operational capabilities and deep integration within the LINE ecosystem. LINE GO’s MaaS platform aggregates seven mobility services including taxi-hailing, car rentals, airport shuttles, designated driver services, scooter sharing, private car charters and an EV charging network, giving enterprise clients a comprehensive local mobility experience upon arrival in Taiwan.

Looking ahead, both companies will extend their collaboration to serve the outbound travel needs of Taiwan-based enterprises, leveraging Trransfer Technologies’ global destination network across more than 80 destinations worldwide. This positions both companies to become the preferred mobility partner for Taiwanese businesses and multinationals requiring end-to-end ground transportation coordination across borders.

Targeting Taiwan’s Enterprise Traveler Segment

The partnership specifically targets multinational corporations, corporate travel managers, enterprise clients and high-frequency business travelers. As Taiwan’s outbound travel continues its upward trajectory, enterprises increasingly need partners who understand both local logistics and the complexity of global coordination.

“This partnership creates immediate strategic value for both companies. LINE GO brings market-leading mobility technology and operational insights, while Trransfer Technologies contributes the global platform, enterprise workflows and international fulfillment network. Together, we are building a scalable outbound mobility solution for Taiwanese enterprises traveling globally.”

Michael Chiay, Chief Executive Officer, Trransfer Technologies

“This collaboration marks a transformative milestone in LINE GO’s journey. We are proud to offer our partners a one-stop solution that delivers on our promise to make every journey smarter, safer, and more efficient.”

Isaac Lin, Managing Director, LINE GO
Hashtag: #TrransferTechnologies #MaaS #BusinessTravel #CorporateTravel #TravelTech #GlobalMobility #TrransferTechnologies #LineGo #EnterpriseTravel #SmartMobility #concierge

The issuer is solely responsible for the content of this announcement.

About Trransfer Technologies

Trransfer Technologies is a global B2B ground transportation platform connecting corporate travel managers, private aviation firms, banks, luxury concierge services and enterprise customers with local ground transportation operators to fulfill across more than 80 destinations worldwide. The company provides a unified platform designed to simplify business travel mobility, improve supplier coordination and support seamless ground transportation fulfillment across markets.

For more information, please visit .

About LINE GO

LINE GO is Taiwan’s premier MaaS platform offering taxi-hailing, car rentals, airport shuttles, designated driver services, scooter sharing, private car charters and an EV charging network, all within the LINE ecosystem. In 2025, LINE GO achieved dual ISO 27001 and ISO 27701 certifications, underscoring its commitment to world-class information security and data privacy.

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Sun Group debuts at SITF 2026 with exclusive Phu Quoc flight deals and a fresh vision for Vietnam tourism

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SEOUL, SOUTH KOREA – Media OutReach Newswire – 6 June 2026 – Making its first-ever appearance at the Seoul International Travel Fair (SITF) 2026, one of South Korea’s largest international travel fairs, held from June 4–7, Sun Group has delivered a meaningful message: “Visit Vietnam: Beloved Destinations – Extraordinary Experiences.” The group has showcased iconic destinations including Da Nang, Phu Quoc, Sa Pa, and Ha Long, while telling the story of a Vietnam that is constantly innovating to create unique experiences for global travelers.

The Sun Group booth attracts a large number of visitors with its interactive activities, destination ecosystem, and promotions.

A special highlight is Sun Group’s unveiling of its new development vision for Phu Quoc in the lead‑up to APEC 2027, presented directly to Korean partners and visitors.

From the first day of the fair, Sun Group’s booth has welcomed a steady stream of visitors. Throughout the four-day event, the booth has organized B2B and B2C networking activities, customer consultations, and introductions to tourism, resort, and aviation products. Interactive programs, including mini-games, souvenir giveaways, and tailored offers for the Korean market, have kept the atmosphere lively for hours, with a continuous flow of engaged visitors.

During SITF (June 4–7), travelers have the opportunity to receive a 20% discount on the base fare when booking Sun PhuQuoc Airways tickets via the airline’s website or app. The offer applies to the Korean market for one‑way or round‑trip journeys from Korea to Phu Quoc. Limited to 200 Economy Class discount codes, it is valid for flights from June 15 to October 24, 2026 (excluding peak periods as defined by the airline).

Visitors also have the chance to win attractive prizes through booth activities, including free round‑trip air tickets on the Seoul–Phu Quoc route (ICN–PQC) and resort vouchers at hotels within Sun Group’s ecosystem.

By combining destination promotion with airline incentives, Sun Group aims to further encourage South Korean tourists to choose Vietnam for their upcoming holidays, especially Phu Quoc, which is entering a new era of large‑scale investments in projects, products, and experiences all aimed at APEC 2027.

Hashtag: #SunGroup

The issuer is solely responsible for the content of this announcement.

About Sun Group

Vietnam’s leading private economic group, Sun Group operates an integrated ecosystem spanning tourism, entertainment, hospitality, real estate, infrastructure, and aviation. Guided by the mission “Enhancing the beauty of the lands,” the Group shapes iconic destinations nationwide through its Sun World entertainment brand. In the aviation sector, Sun Group develops a hub-and-spoke model anchored by Phu Quoc, driven by strategic airport investments and Sun PhuQuoc Airways.

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