Saturday 14 September 2024

FRUITFUL OUTCOMES AT 24TH CHINA INTERNATIONAL FAIR FOR INVESTMENT & TRADE



KUALA LUMPUR, Sept 13 (Bernama) -- The 24th China International Fair for Investment & Trade (CIFIT), staged successfully in Xiamen, Fujian Province, saw 688 cooperation agreements signed with a total planned investment of 488.92 billion Chinese yuan. (100 Chinese yuan = RM60.67)

Ended on Sept 11, the four-day event was attended by nearly 80,000 guests from 120 countries and regions as well as 18 international organisations, according to a statement.

Several important activities were rolled out, including the seventh Belt and Road High-quality Development Conference, and the third Annual Conference of the Global Alliance of Special Economic Zones, to facilitate various countries to expand openness and share opportunities on the CIFIT platform.

This CIFIT has some new highlights in the exhibitions, such as setting up the "Global Development", as well as the "China's Outward Investment and Cooperation" areas, to showcase the achievements of Chinese investment and construction overseas.

Moreover, the "Silk Road Maritime" area and the 10,000 square metres "BRICS Exhibition on New Industrial Revolution" have injected new momentum into international investment and cooperation.

A number of authoritative reports on foreign investment were released, including the World Investment Report 2024 (Chinese Edition), Statistical Bulletin of FDI in China 2024, and Foreign Investment Guide of the People's Republic of China 2024, which would help participants grasp the global investment landscape and market dynamics and make sound decisions.

The event was sponsored by the Ministry of Commerce and co-organised by the Fujian Provincial People's Government, the Xiamen Municipal People's Government, and the Investment Promotion Agency of the Ministry of Commerce.

-- BERNAMA

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