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What global financial crisis - Biggest capital investment ever at 13th CIFIT

What's on Xiamen          2009-9-1 8:50:00    

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Though the global financial crisis is still raging all over the world, domestic and foreign investors never stop their strides in China, continuously bringing in cash.

The further enlargement of the 13th China International Fair for Investment & Trade (hereinafter referred to as CIFIT) which is to be held in Xiamen in September is a powerful proof.

According to sources from the organizing committee of this fair on August 27th, the exhibition floor covers an area of 60,000 square meters with 2800 exhibition booths, 8000 square meters and 300 booths more than last fair.

By far, enterprises from 58 countries and regions have registered to exhibit at the fair and more than 380 groups from 83 countries and regions have confirmed to attend the fair. It is expected there will be 550 groups from 120 countries and regions to show up at the fair.

At the same time, this fair newly adds over 8000 investment projects for business invitation, bringing to total number to over 50.000, among which about 4000 are foreign investment projects. More than 600 investors from home and abroad have signed up for attendance.

As the organizer and the host province of this fair, Fujian proactively grasped the opportunity of this capital feast to strengthen industrial cooperation with Taiwan, emphasized on the development of Haixi area.

149 provincial investment projects of Fujian worth of over RMB 120 billion will be put on the fair for both home and abroad investors, covering such fields as industry, agriculture, service industry and infrastructure.

It is learned that Zhangzhou, Fujian is expected to sign 38 contracts, utilizing foreign capital of USD 340 million, Sanming 35 contracts, utilizing foreign capital of USD 230 million and Putian 78 contracts, utilizing foreign capital of over USD 1 billion.

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· Invest in China--Enterprises’ Financing Road Show & Capital Matchmaking Symposium to be held during CIFIT
 
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