Service sector driving high-quality growth

The 2026 Beijing International Automotive Exhibition, the world's largest auto show, was a testament to the rapid internationalization and quality upgrade of China's service sector, and compelling evidence of how China pursues high-quality development through innovation and openness.

With automakers from 21 countries and regions displaying more than 1,400 vehicles, the industry showcase, held from April 24 to May 3, highlighted China's role as a competitive player in electric vehicles and the transition of some global brands from "in China, for China" to "in China, for the world" as they deepen cooperation with local partners and leverage China's supply chain to optimize global production and sales. The mutual learning and co-evolution of Chinese and foreign companies in the Chinese market demonstrate that openness is two-way empowerment.

The event also offered the world a window through which to observe the development of China's convention and exhibition economy, a vital and integral part of the broader service trade industry.