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Quanzhou seals deals worth $2.5 billion at CIFIT

     chinadaily     2017-9-27 13:38:00    

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The coastal city of Quanzhou in South China’s Fujian province signed agreements worth $2.5 billion with investors at the 2017 China International Fair for Investment and Trade (CIFIT) held from Sept 18 to 21 in Xiamen, Fujian province.


Quanzhou brought 203 key projects with a total expected investment of $5.4 billion to the fair, primarily involving infrastructure, social undertakings, city construction, service industry and other fields. With good economic and social benefits, these projects impressed investors from both home and abroad.


Quanzhou organized a foreign investment promotion meeting during the CIFIT attended by more than 200 businessmen from 21 countries and regions. 24 projects received investments during the meeting.


170 representatives from over 100 local enterprises attended 28 activities organized by the organizing committee of the 2017 CIFIT, including the 2017 BRICS Countries E-Commerce Forum, the Macro Outlook of Chinese Business Forum, and the Forum on the Opportunity and Cooperation of the Belt and Road Initiative.



During the fair, China Railway Rolling Stock Corporation from Quanzhou Taiwan businessmen-invested area showcased models of motor cars, metros and tramcars. A local photoelectric enterprise displayed a plant factory to the attendees, tea companies from Quanzhou showed their mellow tea at the tea industry investment expo, and the famous Chinese white, a type of porcelain, from Dehua in the northwest of Quanzhou highlighted the international collection and investment expo.


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