The China International Fair for Trade in Services (CIFTIS), co-hosted by the Ministry of Commerce of the People's Republic of China and the People's Government of Beijing Municipality, is an all-inclusive international exhibition and trade platform dedicated to trade in services. With strong support from all parties, the CIFTIS has been successfully held for ten sessions. Chinese President Xi Jinping has delivered an important video speech or congratulatory letter to the CIFTIS for five consecutive years, highly praising its role and noting that "CIFTIS is a crucial platform for China to expand opening-up, deepen cooperation and promote innovation, and it has made a positive contribution to the development of global service industry and trade in services".