Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Services trade emerges as key engine for China's high-quality development

BEIJING, CHINA - Media OutReach Newswire - 15 September 2025 - The services trade is becoming an increasingly crucial engine for China's economic growth and has substantial potential, driven by technological advancements such as artificial intelligence (AI), according to global representatives at the ongoing 2025 China International Fair for Trade in Services (CIFTIS).

This photo taken on Sept. 10, 2025 shows an Iranian booth of the thematic exhibitions during the 2025 China International Fair for Trade in Services (CIFTIS) at Shougang Park in Beijing, capital of China.
This photo taken on Sept. 10, 2025 shows an Iranian booth of the thematic exhibitions during the 2025 China International Fair for Trade in Services (CIFTIS) at Shougang Park in Beijing, capital of China.

The fair, which opened on Wednesday and will close on Sunday in Beijing, features high-level forums where government officials, industry leaders and international experts are exchanging insights on the development of the services trade.

Services represent a great opportunity for growth in China as the scale of the domestic industry is relatively small compared to similar countries, Marshall Mills, senior resident representative in China of the International Monetary Fund, said at Thursday's Forum on Development of Trade in Services.

He noted that total factor productivity growth in China's services sector has been accelerating, particularly in fields like financial services and commerce, playing a vital role in the country's continued economic development.

Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics, observed that while China's services sector now accounts for over 50 percent of GDP, it remains below the 70 to 80 percent levels typical of developed economies. "As the services sector expands, trade in services becomes a natural progression," he said.

"Trade serves as a means to promote services sector growth, while industry expansion drives trade demand. Thus, industrial development and trade development mutually reinforce each other," Tu said, adding that expanded trade in services can boost domestic supply and stimulate consumption, which is a key growth driver for China.

Recent years have witnessed rapid growth in China's services trade, fueled by the country's sustained opening-up policies. A Ministry of Commerce report released on Thursday has revealed that China's total services trade volume surpassed 1 trillion U.S. dollars for the first time in 2024, ranking second globally.

"China's trade in services has entered a stage of high-quality development," Chinese Vice Commerce Minister Sheng Qiuping said, noting that the country's services trade has maintained an average annual growth rate of 6.7 percent since 2012, 1.7 times that of its goods trade.

Digital transformation is accelerating this trend. Long Guoqiang, deputy head of the Development Research Center of the State Council, said that digitalization has transformed many services that were previously difficult to trade across borders into tradable activities, accelerating the development of the services trade across both traditional and emerging sectors.

In particular, the rapid development of AI is poised to open a new chapter for the services trade, and that is an area where China maintains competitive advantages, he said.

At CIFTIS, exhibitors are showcasing AI-powered solutions across multiple sectors, demonstrating technology's transformative impact on education, tourism, health care and sports. Chinese-made humanoid robots at the event have exhibited capabilities like delivering food, preparing coffee, playing football and boxing matches.

China's rapidly developing AI sector is empowering small and medium-sized enterprises to participate in global competition, Sheng said, noting that the proportion of knowledge-intensive services exports in China's overall export of services has increased rapidly in recent years.

Looking ahead, China will continue to expand its high-level opening-up, which will include the promotion of pilot programs in the fields of telecommunication and medicine, while steadily advancing opening-up in the education and culture sectors, according to Sheng.

"We will deepen our integration into the world market, enhance industrial synergy with other countries, and inject greater momentum into global economic prosperity through opening-up and cooperation in the services trade," he said.


Hashtag: #CIFTIS

The issuer is solely responsible for the content of this announcement.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.