Multinationals tap opportunities at services trade fair

"The COVID-19 pandemic has brought risks and challenges, but business opportunities are everywhere at the CIFTIS," said Bai He, Principle Industry Solution Architect of Amazon Web Services, Greater China Region.

"Our company has participated in the fair for two consecutive years, hoping to show the world the cutting-edge technologies and latest achievements in the fields of medical health, automobile travel, intelligent manufacturing, and so on through the service trade fair," Bai added.

Digital technology is a highlight of this year's service trade fair.

Cloud computing, the Internet of Things, artificial intelligence, blockchain, and other digital technologies have penetrated all aspects of production, circulation, and consumption, enabling service trade to enter the digital "fast lane."

The vast blue ocean of China's digital service trade has provided massive global market potential. During the 13th Five-Year Plan period (2016-2020), China's digital trade increased by 47.4 percent.