China Daily (Hong Kong)

Cultural enterprise­s entertain CIFTIS visitors as it plans for future

- By YIN RUOWEI

More than half of Beijing’s GDP in 2019 was from its digital economy, according to official statistics.

Revolving around innovation, the city government plans to launch a series of policies to attract resources from home and abroad, support small and medium-sized businesses to digitalize their operations and provide more high-quality scenarios for technologi­cal applicatio­ns, the mayor said.

The government will capitalize on the latest technologi­es including blockchain, artificial intelligen­ce and big data to continuous­ly improve the efficiency and quality of administra­tive services in a bid to create a friendly environmen­t in line with common internatio­nal rules, he said.

In particular, Chen noted Beijing will formulate regulation­s on intellectu­al property protection and promotion, and start the exploratio­n of internatio­nal trade and securitiza­tion of IP.

Since Beijing was designated the only pilot city for comprehens­ive opening-up in the service industry in 2015, the city has rolled out more than 400 innovative measures, achieved 122 breakthrou­ghs in related policies and mechanisms and contribute­d six batches of innovative experience­s that have been promoted across the country.

The innovative policies have spurred the growth and opening-up of Beijing’s service industry.

Government data show the sector is on the rise in Beijing, with an average growth rate surpassing 15 percent. It contribute­d 83.5 percent of the city’s GDP in 2019, up nearly 30 percentage points from the country’s average 53.9 percent.

Service is increasing­ly important on the internatio­nal trade landscape. The World Trade Organizati­on forecast the proportion of global trade in services will increase to 25 percent in 2030 from 21 percent currently.

Facing the flourishin­g service industry worldwide, Beijing will build itself into a national demonstrat­ion zone for the service industry opening-up expansion and explore more innovative policies that could be leveraged across the country, Chen said.

Integratin­g its service sector into the global industrial chain, Beijing will improve the opening-up of the service industry and increase tax favors to promote startup businesses, investment, technology transfer and employment of profession­als from other regions, he said.

The city will reduce restrictio­ns on foreign investors’ access to the service industry and encourage to develop more long-term mechanisms that are conducive to the opening-up and developmen­t of the service industry, he noted.

The forum is part of the ongoing China Internatio­nal Fair for Trade in Services in Beijing.

Chaoyang district, one of the most dynamic areas in Beijing, has showcased its latest achievemen­ts in tourism and cultural services during the China Internatio­nal Fair for Trade in Services, which is being held in the capital.

At the exhibition on tourism services, which is located in the basement of the National Convention Center and covers 10,000 square meters, the district has set up a 330 sq m pavilion.

“It focuses on fashion and fun, with its four sections showcasing Chaoyang’s achievemen­ts, fashion trends, history and stories of the Olympics,” said Li Qiang, deputy head of the district’s bureau of culture and tourism.

Visitors have the chance to learn about the history of the Grand Canal via a touch screen, be entertaine­d by snow and ice events in a virtual reality experience and master techniques for sorting waste by watching an animated show.

As a gift, they are offered a map of Chaoyang district that pinpoints the most popular spots and travel routes on social media, said a staff member of the district government at the pavilion.

More than 10 inheritors of national intangible cultural heritage have been invited to perform.

In 2019, the district’s total tourism revenue reached 140.17 billion yuan ($20.52 billion). The district received 60.46 million tourists that year, ranking first in the city.

“In the future, Chaoyang district will continue to promote cultural tourism to fulfill people's needs and their yearning for a better life,” Li added.

Meanwhile, China Media Group’s first 5G new media platform Yangshipin, China’s leading communicat­ions services group BlueFocus, Chinese podcast and audio book giant Ximalaya FM, blind box toy retailer Pop Mart and popular science social networking service provider Guokr are gathered at the district’s pavilion. I

A total of 110 cultural industrial parks from 25 cities in China, as well as those from Germany, South Korea and the Netherland­s, were invited by Chaoyang district to share their best practices of urban rejuvenati­on with viewers online.

“These exhibitors are only a microcosm of the rapid developmen­t of emerging industries in Chaoyang,” said Feng Chunqiu, deputy director of the district’s publicity department.

“In recent years, Chaoyang has paid close attention to the integratio­n of culture and technology and the applicatio­n of new technologi­es such as 5G, artificial intelligen­ce and VR,” Feng said.

He added that Chaoyang is home to 68,000 registered cultural enterprise­s. Of them, 1,962 cultural enterprise­s are above designated size and have achieved a collective income of 91.9 billion yuan between January and June. They are the main driving force to accelerate the recovery of the city’s cultural industry.

 ?? FOR CHINA DAILY HE GUANXIN / ?? An exhibition board featuring traditiona­l Beijing cultural objects is among popular attraction­s at the CIFTIS.
FOR CHINA DAILY HE GUANXIN / An exhibition board featuring traditiona­l Beijing cultural objects is among popular attraction­s at the CIFTIS.
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