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4th China International Investment Fair to Open in Xiamen
The Fourth China Fair for International Investment and Trade (CFIIT) will take place in Xiamen Special Economic Zone in September this year, organizers of the fair announced on Monday.
Ma Xiuhong, Assistant Minister of Foreign Trade and Economic Cooperation of China, told a press briefing that the upcoming CFIIT will focus on investment talks, promoting investment for matching projects in priorities industries and highlighting western and central China as investment priorities.
"The CFIIT will set up an International Investment Forum for the first time, and an array of colorful events of international exchange will be launched," Ma said.
During the fair, Ma said, up to ten thousand carefully selected projects will be available to foreign investors and a great number of orders for goods will be issued to fair participants.
Since its first session in 1997, CFIIT has evolved into a sole national event focusing on foreign direct investment promotion.
The previous three sessions have witnessed the signing of 6,708 investment agreements for a total investment commitment of US$ 37.249 billion and a total value of US$ 2.968 billion for import and export contracts.
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