BEIJING, Sep 5(ABC): Foreign firms are tapping into the ongoing 2022 China International Fair for Trade in Services (CIFTIS), eyeing growing opportunities amid the country’s opening-up endeavors. Fukaishi Akihiro, president of Epson (China) Co., Ltd., said that China’s opening-up measures have fostered a favorable business environment, even under the pandemic, and Epson China still sees steady business growth and development.
Since Epson entered China in the 1980s, the country has been deemed one of its most important markets, Fukaishi said. As China has revved up economic development and industry upgrade, its services trade sector has sustained a robust momentum, with an annual growth of 6.1 percent since 2012, 3.1 percentage points higher than the global expansion, data from the commerce ministry showed.
The CIFTIS will further promote the development of related sectors by exhibiting more new types of services and solutions to the public and providing a platform for companies to make exchanges while offering policy guidance and industrial chain connections to participating firms, according to Fukaishi. Having already cooperated with Chinese partners in printing, robotics, and other industries, the company hopes to leverage the fair to deepen its cooperation with Chinese partners to keep innovating its products.