News
2022 China International Fair for Trade in Services kicks off in Beijing
By Ouyang Jie, Luo Shanshan, People’s Daily
The 2022 China International Fair for Trade in Services (CIFTIS) opened at the China National Convention Center in Beijing on Aug. 31.
Themed “cooperate for better development, innovate for a greener future,” the fair will run through Sept. 5 and also be held at the Shougang Park in Beijing. It focuses on opening up and cooperation in service trade, green development, digitalization and other frontier areas.
The 2022 CIFTIS, with a larger exhibition area and more participants, holds over 200 activities with some 400 Global Fortune 500 companies and industry-leading enterprises.
The ten-year history of the CIFTIS witnessed the rapid development of China’s service trade. Wang Dongtang, an official with the Ministry of Commerce, introduced that the CIFTIS has held over 1,000 activities since its first session, and is becoming more and more professional, market-oriented and international.
Since 2012, China’s trade in services has registered an average annual growth of 6.1 percent, 3.1 percentage points higher than the global growth. China has maintained the world’s second-largest trader of services for eight years in a row
“Chinese services” are becoming more competitive around the world. According to Vice Minister of Commerce Sheng Qiuping, China’s service trade went up 16.1 percent year on year to a record high of 5.3 trillion yuan (about $767.34 billion), and China has become the world’s third largest exporter of services.
In the first half of this year, the country’s service trade maintained rapid growth, with total service imports and exports increasing 21.6 percent year on year to 2.9 trillion yuan. Of the total, service exports stood at 1.4 trillion yuan, up 24.6 percent from a year ago.
Over the past ten years, the emergence of the internet, big data, 5G, artificial intelligence, Internet of Things and other cutting-edge technologies has created massive new businesses and commercial scenarios. Knowledge-intensive service trade that’s digital, intelligent and green has become a new engine driving development.
A metaverse experience hall is unveiled at the Shougang Park at the 2022 CIFTIS. Covering nearly 10,000 square meters, it presents themed scenarios in digital art, gaming and science popularization, providing visitors with an immersive experience.
The Beijing Workers Stadium is “moved” into the metaverse experience hall by deep integration of split rendering technology and 5G network slicing technology. With VR headsets that come with 4K resolution-level image transmission and 20-millisecond latency, visitors can have a penalty shoot-out with soccer players in the metaverse.
Besides, visitors can also build virtual ecological structures using energy-saving materials in a metaverse “low-carbon” township exhibited by China Construction First Group Corporation Limited in the experience hall.
A thematic exhibition of the CIFTIS on environmental services is held at China National Convention Center, which focuses on green innovation.
At the exhibition, China Petroleum & Chemical Corporation, also known as Sinopec, displays a model of a comprehensive filling station that fuels and charges vehicles. Even hydrogen-fueled vehicles can have their hydrogen tanks refilled.
The National Institute of Clean-and-Low-Carbon Energy affiliated to China Energy Investment Corporation Ltd. has brought its energy storage technologies to the exhibition. These technologies, including a 50 kW lithium storage converter and high-temperature thermal energy storage system, are expected to ensure a stable power supply as China speeds up the development of renewable energy.
Apart from physical exhibitions, the 2022 CIFTIS also offers online access. With just a click on the mouse, visitors can get into a virtual exhibition hall of Liechtenstein, where the world’s first diamond-embedded stamp is displayed.
This year’s CIFTIS is participated by over 70 countries and international organizations. Thirty-three countries, including the Netherlands, Austria and Portugal, are hosting online exhibitions to showcase their sceneries, cultures and featured services industry with 3D booths.
The CIFTIS leads the global consumption trend and accelerates consumption recovery and upgrading. It can create all-round opportunities for global enterprises to join China’s service market and provide a platform for Chinese enterprises to exploit domestic and international markets and resources.
Highlighting green and innovative cooperation, the CIFTIS, which has become more international and professional, will present a feast of service trade.
News
‘Ombugadu Is a Brand, Not a Title’ — PDP Chieftain
By Emmanuel Kuza
A chieftain of the Peoples Democratic Party (PDP) in Nasarawa State, Abuga Ovie, has described the name Ombugadu as a political brand, saying the popularity and wide acceptance of the name have made David Emmanuel Ombugadu a major force in the state’s political landscape.
Ovie, who stated this in an interview on Tuesday, said what started as opposition from some of Ombugadu’s biological brothers and people he described as fathers and uncles who betrayed him for personal political interests had now assumed a wider dimension, with political parties allegedly joining the battle against him.
According to him, the latest development was an attempt to undermine the political value of the Ombugadu name by presenting another person with the same surname, describing it as an indication of how far some political actors were prepared to go to weaken the PDP governorship candidate.
“Ombugadu is a brand, not a title. The people are not fools. They know their own. You cannot simply bring another person bearing the same name and expect the people to forget the political identity that Ombugadu has built over the years,” he said.
He further alleged that a former governor was working to introduce a political associate who had served as Accountant-General of Nasarawa State into the political equation, with the alleged objective of destabilising the PDP and weakening its chances by ensuring that the party fields a less competitive candidate in 2027.
“The plan, as we understand it, is to destabilise the PDP and make sure the party presents a weak candidate, thereby creating an advantage for the former governor’s preferred candidate. But all those efforts have proved abortive because the national leadership of the PDP stood its ground and refused to lose its best bet for the 2027 governorship election,” Ovie said.
The PDP chieftain said the resolve of the national leadership to retain Ombugadu had demonstrated the confidence the party had in his capacity to win the governorship election, despite what he described as attempts by some political actors to frustrate his ambition.
Ovie urged political parties and their leaders to resolve their internal differences instead of concentrating their efforts on Ombugadu, whom he compared to David in the Bible, saying he remained focused despite betrayal and opposition from those close to him.
“Ombugadu is like David in the Bible. Even when his brothers forsook him, he remained focused. Today, despite the people who have betrayed him, he remains focused and has a blueprint that can rescue Nasarawa State,” he said.
He said political parties should concentrate on presenting their programmes and convincing voters about how they intend to address the challenges confronting the state rather than expending their energy on attempts to stop Ombugadu.
“Political parties should fix their problems instead of wasting their strength fighting Ombugadu. Let everybody bring their blueprint before the people and explain what they intend to do for Nasarawa State,” he said.
Ovie maintained that the 2027 election should be about ideas, competence and the future of Nasarawa State, rather than attempts to manipulate political structures or undermine individuals perceived to enjoy strong grassroots support.
He urged the people of the state, particularly the Eggon community, to remain politically vigilant and resist what he described as efforts to make them settle for less, insisting that voters would ultimately determine who enjoys their confidence at the polls.
Reduce repeated references to Ombugadu
News
200 widows benefit from empowerment outreach in Plateau
By Israel Adamu, Jos
Two hundred widows from communities across Langtang North Central State Constituency of Plateau State have benefited from an empowerment outreach organised by Gimbiya Gani Nandir Lar under the Jagoran Talakawa movement.
The outreach, held at Pilgani in Langtang North Local Government Area, was aimed at supporting vulnerable women and drawing attention to the challenges faced by widows, particularly those struggling to provide food, pay school fees and meet other basic needs for their families.
The organiser, Nandir Lar, who is the All Progressives Congress, APC, candidate for Langtang North Central State Constituency, said the gesture was motivated by compassion and concern for vulnerable members of the society.
She stressed that the outreach was not a political programme but an expression of love and support for humanity.
Nandir Lar said: “The plight of widows may not always make headlines, but their struggles are real, painful and deserving of our collective attention.
“This is simply an expression of compassion and love for humanity. It is not a political programme.
“Our constituency is home to people with diverse needs, including mothers, widows and young people who are seeking opportunities to improve their lives.”
Former Provost of the Federal College of Education, Pankshin, Amos Chirfat, commended the initiative, saying it had brought smiles to the faces of vulnerable women in the constituency.
Minority Leader of the Langtang North Legislative Council, Dirya Sheni, also commended Nandir Lar for supporting widows and other vulnerable members of the community.
At the end of the outreach, each of the 200 beneficiaries received a 10-kilogramme bag of corn flour, seasoning and N10,000 cash
News
SCUML, REDAN Strengthen Collaboration on Anti -Money Laundering Compliance
By Francis Wilfred
The Special Control Unit against Money Laundering (SCUML), and the Real Estate Developers Association of Nigeria (REDAN) have expressed commitment to ensure a full compliance with the Anti Money Laundering/Counter Finance on Terrorism/Counter Proliferation Financing, (AML/CFT/CPF) laws within the Nigeria’s real estate sector.
They made the resolve during a stakeholders’ engagement held on Thursday, September 10, 2026
The engagement focused on Mutual Evaluation readiness, risk-based supervision, beneficial ownership transparency, customer due diligence, internal controls and stronger collaboration between SCUML and the real estate sector.
Assistant Commander of the EFCC, ACE 1 Ibinabo Amachree, speaking on behalf of SCUML highlighted the strategic role of real estate operators in protecting the integrity of Nigeria’s financial system, particularly given the sector’s vulnerability to money laundering and other financial crime risks.
Amachree encouraged REDAN members to move beyond registration to ensure that compliance is embedded in their day-to-day operations. He mentioned the areas to include: understanding institutional risks, knowing customers and beneficial owners, identifying politically exposed persons, conducting appropriate sanctions screening, maintaining effective internal controls and meeting applicable reporting obligations
He, therefore, reaffirmed readiness to working closely with REDAN and other stakeholders to improve compliance, build capacity and promote a stronger culture of accountability across the real estate sector
“The message is clear: effective compliance is not just about meeting regulatory requirements; it is about protecting businesses, strengthening the real estate sector and safeguarding the integrity of Nigeria’s financial system”, she said.
In his remarks, the Chairman of REDAN, Lagos state, Mr Tony Kolawole pledged readiness to partner with SCUML in ensuring compliance with AML/CFT/CPF in the real estate sector to uphold financial integrity.
The engagement also provided an opportunity for REDAN members to share practical regulatory and operational challenges affecting the sector, reinforcing the importance of continuous dialogue between regulators and industry stakeholders.
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