CIFIT to build three service platforms
The 18th China International Fair for Investment & Trade (CIFIT) will focus more on innovation and efficiency, including entrepreneurial service platforms, said Zhang Canmin, deputy mayor of Xiamen and director of conference organizing division of the organizing committee of CIFIT.
Photo by Peng Juan / chinadaily.com.cn |
Zhang said during an August 5 news conference the three vital service platforms include a two-way investment promotion platform, a platform for high-end forums and symposiums, and a platform for high quality projects docking.
The 18th CIFIT will release 30,000 effective investment projects and organize more than 20 investment projects docking activities. It will also select high-quality projects from key investment industries such as communication technology, infrastructure construction and equipment manufacturing.
The Fujian province Department of Commerce organized teams to visit Fortune Global 500 multinational corporations with established regional headquarters in China. Zhong Muda, deputy director general of the Department of Commerce of Fujian province and deputy director of the organizing committee of CIFIT, said it’s predicted that over 80 firms will attend this year’s fair.
There will be 4,400 booths in the exhibition spanning seven exhibition areas for thematic investment and four for industry attraction. Fifty-five institutions from overseas countries and regions will attend the fair.
Why Xiamen
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Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.