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2018 CIFIT promoted in Brazil

     chinadaily     2018-6-8 16:09:00    

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Kong Suting (Middle), deputy director of the Xiamen Friendship Association, delivers a speech at the promotional conference for the 2018 CIFIT held in Brazil on June 5. [Photo/chinanews.cn]

The organizing committee of the 2018 China International Fair for Investment and Trade (CIFIT) held a promotional conference in Brazil on June 5.

 

The 2018 CIFIT is scheduled to be held in Xiamen, Fujian province, from Sept 8 to 11.

 

Xiamen welcomes Chinese businessmen in Brazil and local people to invest in and visit the city, Kong Suting, deputy director of the Xiamen Friendship Association, said at the conference.

 

 

Xiamen, a famous tourist city in the coastal region of southeast China, hosts the CIFIT – the largest scale and most influential investment promotion event around the world every September.

 

Qiu Guoyue, deputy director of Xiamen Convention and Exhibition Affairs Bureau, outlines the preparation for the 2018 CIFIT at its promotional conference held in Brazil on June 5. [Photo/chinanews.cn]

Qiu Guoyue, deputy director of Xiamen Convention and Exhibition Affairs Bureau, briefed attendees on the preparation for the 2018 CIFIT.

 

The 40th anniversary of China’s reform and opening-up, the Belt and Road Initiative and BRICS (Brazil, Russia, India, China, South Africa) countries cooperation are the focuses of this year’s CIFIT.

 

Covering an area of 130,000 square meters, the event will establish two major pavilions: an investment promotion and an industrial investment attraction.

 

An “Invest in China” exhibition area is expected to be erected in the investment promotion pavilion where preferential policies and favorable business climate in China’s provinces and cities will be displayed in an attempt to woo potential investors.


 Attendees of the promotional conference for the 2018 CIFIT pose for a group photo after the conference. [Photo/chinanews.cn]

An “International Investment” exhibition area is also to be established and it is estimated that more than 50 countries will present their investment policies and seek cooperation with Chinese companies by setting up a booth in the exhibition area.

 

Additionally, the Czech Republic has been confirmed to be this year’s guest country of honor and a national pavilion for the country will be established to show its favorable business climate and host trade forums between China and the Czech Republic and project matchmaking activities.

 

Qiu also said that in addition to the real estate, wine, and cross-border e-commerce industries, the industrial investment promotion pavilion will pay more attention to emerging industries, such as we-media and copyright industries.

 

The 2017 CIFIT witnessed the signing of 1,577 investment projects worth 532.7 billion yuan ($81 billion) and attracted more than 100,000 domestic and foreign business representatives from 107 countries and regions, 4,000 domestic and foreign enterprises, nearly 700 business groups, and 40 multinational corporations.

 


 
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