(Photo provided to GDToday)

The 9th China (Shanghai) International Technology Fair (CSITF) opened on June 15, highlighting advanced technologies in various sectors and attracting about 1,000 enterprises from all over the world. Guangdong Pavilion showcases the latest achievements in technology trade covering digital technology, bio-medicine and innovation ecology.

Guangzhou organized 8 industrial parks, including the Pazhou Artificial Intelligence and Digital Economy Pilot Zone and 13 technology trade enterprises to present cutting-edge digital service solutions, intelligent technologies and innovative products at the event.

For instance, Guangzhou FulenGen Co., Ltd. displayed its self-developed cloning technology for drug development, research and application of nervous system cell membrane proteins. "This technology will help to promote drug development and make breakthroughs in the pharmaceutical industry," said a representative of the company.

(Photo provided to GDToday)

According to Lu Zhen, Marketing Director of Energy Division of Whale Cloud Technology Co., Ltd, the CSITF is an important opportunity for Guangzhou digital technology companies to showcase their scientific and technological innovations, and to find more partners and business opportunities from the world.

In recent years, Guangzhou has promoted the joint-development of new economies such as service outsourcing, digital economy, sharing economy, and Internet economy. In 2022, the total import and export volume of Guangzhou's service trade exceeded 50 billion USD, and the executed value of service outsourcing reached to 13.695 billion USD, a year-on-year increase of 20%.