This year CIFIT highlights

Jun 08, 2007
The 11th China International Fair for Investment & Trade will be held on September 8, 2007 in Xiamen, China. Aiming at “Attracting FDI” and “Going Global”, the CIFIT will be featured by the following “five major highlights”:

I. Stronger International Nature

The United Nations Conference on Trade and Development (UNCTAD), the United Nations Industrial Development Organization (UNIDO), the Organization for Economic Cooperation and Development (OECD), the World Association of Investment Promotion Agencies (WAIPA) will continuously participate in CIFIT. So far, 31 countries and regions, including Turkey, Thailand, Italy and Sweden have booked booths at CIFIT. In addition, more than 100 investment promotion agencies from 48 countries and regions, including the United States, the United Kingdom, France and Caribbean, will also take part in CIFIT. The forthcoming CIFIT will host a lot of special events for international economic and trade cooperation and exchanges, such as the Turkish Pavilion Day, the “Evening of Turkey” Gala Show, and the Thai Pavilion Day.

II. More high-level activities

“The Second China-Caribbean Economic and Trade Cooperation Forum”, themed around “deepening economic and trade cooperation and achieving common development”, will be jointly held during CIFIT by the Ministry of Commerce, the Ministry of Foreign Affairs and the China Council for the Promotion of International Trade. It aims at further deepening the cooperation in six major fields of trade, investment, agricultural and fishery, tourism and transportation, finance and human resources, which was set by the first “China-Caribbean Economic and Trade Cooperation Forum” implementation outline.

III. Greater Role as the “Beacon” of International Investment

This year, the Ministry of Commerce will continue to host the “International Investment Forum”, which will be themed around “promoting international investment and building a harmonious world”. The forum will attract Chinese national leaders, heads of related national ministries and commissions, foreign government dignitaries, senior officials of international economic organizations, renowned economists, and senior executives of multinational companies, who will also deliver speeches at the forum to share their insights. At the forthcoming CIFIT, the Ministry of Commerce will also presents a series of other forums to explore hot topics on international investment, such as the mergence of two taxes into one for both domestic and foreign enterprises, expanded access to the financial sector, service outsourcing, industry gradient transfer, and coordinated development of regional economy.

IV. Greater Results from Project Matchmaking Symposiums

The forthcoming CIFIT will increase the number and scale of project matchmaking symposiums which include the Third Country (Region) to Third Country (Region) Project Matchmaking Symposium, Matchmaking Symposium on attracting FDI and the Project Matchmaking Symposium for Chinese Enterprises “Going Global”. For the first time, CIFIT will present a high-level government-to-enterprise linkup symposium, a communication and transportation project matchmaking symposium, a service outsourcing matchmaking symposium, a listed companies’ investment project matchmaking symposium, and matchmaking symposiums for projects in China, Singapore and India. A greater number of resourceful investors will be invited. So far, CIFIT’s databank has included more than 40,000 prospective projects.

V. More Prominent Taiwan-Oriented Features 

The forthcoming CIFIT will present events on topics centered on economic and trade cooperation with Taiwan. The Ministry of Commerce will host the “Forum on Cross-Strait Economic and Trade Cooperation and Development”, themed around “Taiwanese investment and financing”. National Tourism Administration and Fujian Provincial Tourism Bureau will jointly host the “3rd Cross-Strait Travel Fair” and present the “Cross-Strait Travel Forum”. Fujian Provincial Government will host the “2nd Forum of the Western Coast of the Taiwan Straits” to push forward the development of the Economic Zone on the Western Coast of the Taiwan Straits.
CIFIT’s role in carrying out the macroscopic development strategy, opening –up policy and promoting the international investment has been more and more important since CIFIT was first held ten years ago. To make CIFIT and China further known by the world, to promote the common development of the international economy, we are looking forward to the support and focus from the media.
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