Connect with us

News

Share development opportunities with CIFTIS to jointly promote global recovery

Published

on

By He Yin, People’s Daily

Chinese President Xi Jinping on Aug. 31 sent a congratulatory letter to the 2022 China International Fair for Trade in Services (CIFTIS).
In the letter, he stressed the significance of the event, showed China’s resolution to promote high-quality development by high-level opening-up, and expressed the country’s aspiration to jointly promote the open and shared services economy to inject impetus into the recovery of the global economy.
Service trade is the most dynamic part of today’s international trade. It is the source of global growth.
The CIFTIS is an international and comprehensive exhibition and platform at the state level established by China for service trade. It has constantly expanded its influence since its first session 10 years ago.
Themed “Cooperate for Better Development, Innovate for a Greener Future,” the 2022 CIFTIS has attracted over 70 countries and international organizations, and is physically participated by more than 400 Global Fortune 500 companies and industry-leading enterprises.
Given COVID-19 resurgences, increasing uncertainties and instabilities of the international situation, as well as the sluggish world recovery, the on-schedule CIFTIS is of special significance.
Some said the event will make a sound atmosphere for promoting the growth of global trade, and will create favorable conditions for global countries in terms of economic development.
The constantly increasing influence of the CIFTIS comes from China’s continuous efforts to expand opening up.
As one of China’s three major open exhibition platforms, the CIFTIS highlights opening up. In a congratulatory letter to the 2019 CIFTIS, Xi stressed that China is committed to promoting higher-standard opening up. A year later, he called on the world to work together to foster an open and inclusive environment for cooperation, unleash the power of innovation in driving cooperation forward, and promote mutually beneficial cooperation. Last year, the Chinese President promised that China would create more possibilities for cooperation, further improve rules for the services sector, and continue to support the innovation-driven development of small- and medium-sized enterprises. In the congratulatory letter to the event this year, he said China stays committed to broadening market access in the services sector, facilitating opening-up in cross-border services trade, expanding the function of opening-up platforms, and striving to establish a high-standard opening-up system for the services sector.
The CIFTIS, developing with China’s expanding opening up, is also driving China’s opening up.
China’s opening up measures, which are implemented as the country has promised, make the CIFTIS an appealing event.
When the world is facing an increase in de-globalization and trade protectionist rhetoric and actions, opening up and cooperation are even more precious. Only the countries that are able to open up and cooperate with others can grasp the opportunities in global development.
The CIFTIS is a witness to China’s expanding opening up over the recent years.
In 2019, Xi promised that China would expand market access for foreign capital in broader areas and create a first-class business environment. In 2020, he said the country would work on a negative list system for managing cross-border services trade and develop open platforms for the pilot program of innovative development of the services sector. Last year, the Chinese President said China would implement across the country a negative list for cross-border services trade.
These new measures announced by Xi to expand high-level opening up have achieved fruitful results and benefited all relevant parties. They have contributed Chinese strength to deepening global cooperation on service trade and investment, and enhanced development dynamism.
It is under such active strategies that China’s service trade has embraced prosperous development.
Last year, China’s service trade hit 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, growing 21.6 percent year on year to 2.9 trillion yuan.
Service trade has become an important part and a new area of growth of China’s foreign economic and trade cooperation. In the future, China will definitely make greater contributions to the prosperity of global service trade, by establishing a high-standard opening-up system for the services sector, building national demonstration zones for innovative development of trade in services, fostering benchmark cities for global digital economy, and accelerating the new service economy with new digital business forms.
The 2022 CIFTIS chooses “Fuyan” as its mascot, which means “blessed swallow” in Chinese. Inspired by the Beijing swift, the mascot indicates the development of trade in services will benefit all the countries.
Just as the lively Beijing swifts that fly nearly 30,000 kilometers across over 30 countries during their migration each year, only by making long and tenacious efforts to foster opening up and cooperation can countries embrace development and prosperity.
China is willing to work with all parties relevant to implement the Global Development Initiative and promote healthy and sustainable development of service trade with the vision of building a community with a shared future for mankind, so as to and inject bigger impetus into global recovery.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

‘Ombugadu Is a Brand, Not a Title’ — PDP Chieftain

Published

on

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

Continue Reading

News

200 widows benefit from empowerment outreach in Plateau

Published

on

By

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

Continue Reading

News

SCUML, REDAN Strengthen Collaboration on Anti -Money Laundering Compliance

Published

on

By

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.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.