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2018 China International Fair for Investment and Trade successfully concludes

     chinadaily     2018-9-12 15:09:00    

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2018 is the first year of fully implementing the spirit of the 19th CPC National Congress; and it also marks the 40th anniversary of reform and opening up and the 5th anniversary of the Belt and Road Initiative. The 20th China International Fair for Investment and Trade (CIFIT), as a “golden key” that shines the world, was opened in Xiamen, China on September 8, 2018. The CIFIT, by working for forging three major platforms of bilateral investment promotion, authoritative information dissemination and investment trend discussion, has developed into one of the most influential global international conferences, making positive contributions to China’s reform, opening-up and socialist modernization.

 

The CIFIT, as the epitome and important historical testimony of China’s constant reform and opening-up, has evolved from “Southern Fujian Triangular Region International Fiar for Investment and Trade” to Fujian Investment and Trade Fair then to the current China International Fair for Investment and Trade.

 

The CIFIT has devoted itself to creating three major platforms of two-way investment promotion, authoritative information dissemination and investment trend discussion. It has developed into one of the most influential international investment conferences in the world. For over 20 years, the exhibition area of the Fair has developed from 28,000 square meters of the 1st CIFIT into the current 130,000 square meters; the member units have increased from 36 of the 1st into 57, extending from domestic member units to overseas member units; nearly 300,000 overseas business people from over 200 countries and regions around the world have participated in the Fair, and over 450 enterprises on the list of the global Fortune 500 and more than 3,300 transnational corporations have joined in the Fair or exhibitions; more than 3,000 domestic and overseas guests have gave speeches on over 800 forum seminars; about 30,000 projects have been reached into agreement on the CIFIT, and the total investment of more than $340 billion have entered into Chinese markets through the CIFIT; and a great batch of Chinese enterprises have integrated themselves with the world. The fruitful achievements of the CIFIT have confirmed that China has constantly deepened its reform and expanded its opening-up. As a window of China’s reform and opening-up, the CIFIT has closely followed the development trends of economic globalization and the new economy, playing a role in “one-stop knowing China” and “bring-in and go-global”. It has advanced from a regional investment promotion activity into a global international conferences international investment promotion event.

 

The 20th CIFIT attracted over 120,000 business people of about 5,000 enterprises of 1,005 industrial and commercial groups from 128 countries and regions to meet in Xiamen for the “9•8” appointment. More than 2,500 domestic and overseas institutions on 6,000 international-standard booths in the 130,000-square-meter exhibition hall gathered here to share business opportunities. 617 guests shared wisdom and gave instructions on trends on 87 forum seminars with the theme of investment promotion. More than 20,000 high-quality projects were negotiated, and 1,982 projects of them have been reached into cooperation agreement with the total investment value of 527.5 billion yuan($77.04 billion). The 20th China International Fair for Investment and Trade successfully concluded in a burst of applause.

 

 

Integrating into the National Development Strategy to build the International Investment Weathervane in New Era

 

The CIFIT has always remained committed to the theme of investment, integrated into the national development strategy and closely follow the development trend of global investment. It has striven to play the role as the “window” of China’s reform and opening-up, the “bridge” for Chinese enterprises to go global and the “platform” of international investment cooperation. The CIFIT has already become a global international investment event and the international investment weathervane in new era.

 

 

Adhering to the theme of “two-way investment promotion” and working on “bring-in” of international investment and “go-global” of Chinese enterprises

 

The vitality of the CIFIT lies in always adhering to the theme of “two-way investment promotion”. The strategy of “bring-in” has focused on presenting investment environments, images, policies and business opportunities across China to attract foreign business people to invest in China. The strategy of “go-global” has highlighted investment environments, images, policies and business opportunities of countries and regions around the world to positively lead Chinese enterprises to invest overseas. The transformation from one-way “bring-in” to two-way “bring-in and go-global” condenses the historical process of China’s reform and opening-up and reflects China’s development. The two-way “bring-in and go-global” also plays a role as the observation post of the national strategy. The CIFIT has already become a significant promotion platform of China’s “bring-in and go-global”, the express path for international capital to enter into Chinese markets and an important platform for Chinese enterprises to go to international markets.

 

 

Integrating into the national development strategy to boost the development of regional economic cooperation

 

The vitality of the CIFIT lies in always integrating into the national development strategy. It has positioned itself as the platform to implement and serve the national strategy. Since Fujian Fair for Investment and Trade was upgraded into International Fair for Investment and Trade in the year of 1997, a series of national strategies, including eastern region’s opening-up,  the revival of the old northeast industrial base, the large-scale development of western China, the central region rising, the Pilot Free Trade Zone, the Belt and Road Initiative and the BRICS cooperation, have been reflected and implemented on the CIFIT, building platforms for the development of China’s regional economic cooperation and the cooperation of international economy and trade.

 

This year marks the 5th anniversary of the Belt and Road Initiative. The CIFIT has always insisted on serving the Initiative since its announcement for the past 5 years. The 20th CIFIT, taking “implementing the new development concept, integrating into the ‘Belt and Road’ and promoting two-way investment” as its theme, has further deeply penetrated the development concepts of “innovation, coordination, green, openness and sharing” and the “Belt and Road Initiative” into each part of the Fair, shaping unique highlights.

 

 

Closely following the development trend of global investment to build the international investment weathervane in new era

 

The vitality of the CIFIT lies in always closely following the development trend of the international investment. The CIFIT, by presenting synergy to form the “one-stop” platform of investing in China and the hub of investing in the world as well as by high-end discussion and authoritative issue to form the publishing platforms of international investment rules, policies and information, has led the trend of global investment to advance the liberalization and facilitation of the international investment and build the international investment weathervane in new era. The major international organizations, relying on this international platform, have hosted kinds of activities in Xiamen each year and published authoritative information for over 30 years. The CIFIT in this year was more brilliant. Besides the forums and seminars of hot investment topics and reports on authoritative policies and information, the CIFIT also attracted the World Investment Conference(WIC) organized by the World Association of Investment Promotion Agencies (WAIPA) to be held in China for the first time in the past 23 years. The 20th CIFIT has presented the latest development trend of the current global investment in an all-round way.

 

 

Building Three Major Platforms to promote Reform, Opening-up and Socialist Modernization

 

 

Building the two-way investment promotion platform to implement the “Belt and Road” Initiative and achieve common prosperity and development

 

The total exhibition area of the 20th CIFIT reaches up to 130,000 square meters with 6,000 international-standard booths. The exhibition hall is composed of 16 professional exhibition halls in 2 parts, namely the “The Investment Pavilion” and “The Industry Merchants Pavilion”. The 20th CIFIT attracted more than 2,500 institutions from 35 domestic member units and 40 countries and regions to actively participate in the event. The 20th CIFIT has embodied distinctive characteristics of the “Belt and Road”, where the guest country of honor, the guest province of honor the star city have added their own splendour to the the CIFIT. The new economy and emerging industries have been paid much attention and negotiations on the CIFIT have achieved remarkable success.

 

 

1. Distinctive characteristics of the “Belt and Road”. The 20th CIFIT has specially set up the 2,000-square-meter ‘Maritime Silk Road Investment Pavilion”, attracting 10 ASEAN members including Malaysia, Thailand, Indonesia and Philippines and other 20 countries along the “Belt and Road” including Pakistan, Jordan and Spain to participate in the exhibition, fully displaying their national images, the information of attracting investment, special products and cultures. The CIFIT has facilitated each country to presents its characteristics as well as enhanced cooperation and communication. The United Nations Industrial Development Organization(UNIDO) has established special pavilion to comprehensively show cooperation achievements and industrial policies of green industry of countries along the Maritime Silk Road. The Fujian group, together with the Xiamen Pavilion, the Service Industry Pavilion and the Development Zone Pavilion, adopted “three-in-one” pattern to jointly exhibit with the total booth area of 2,000 square meters. It has fully shown fruitful achievements of Fujian’s 40-year reform and opening-up and the construction of 21st Century Maritime Silk Road core areas. 

 

 

The keynote session of the International Investment Forum has exhibited and propagated the achievements of the “Belt and Road” as well as the results in connectivity, economy and trade, maritime cooperation and people-to-people exchanges. The 20th CIFIT also held 6 panel discussion and symposiums, including the “Belt and Road” Development Forum, the 2nd “Belt and Road” Forum for Traditional Chinese Medicine Development and the “Belt and Road” Forum for Digital City. These forums have provided intelligence support for drawing  exquisite elaborate-style painting of the “Belt and Road” and led development directions.

 

The number of two-way investment cooperation projects developed by the “Belt and Road” countries in the 20th CIFIT reached up to more than 600. during the period of the Fair, a group of special negotiation activities, including the New Silk Road Development Symposium, Fujian -- Maritime Silk Road International B2B Meeting, the “Belt and Road” Overseas Chinese Entrepreneurs Project B2B Meeting, the Special News Release B2B Meeting for 21st Maritime Silk Road Countries and the Maritime Silk Road Technology Forum and Projects B2B Meeting. The CIFIT also held the promotion meeting and roadshow, negotiation and the investment plan release of cooperation projects to provide cooperation and communication platform for bilateral investment cooperation business people. At the same time, the organizing committee, relying on the “Online CIFIT”, also provided normal services including online connection for mutual investment of the “Belt and Road” countries to realize  online and offline positive interactions and extension of the two-way investment.

 

During the period of the 20th CIFIT, the communication and cooperation of investment and trade between China and the “Belt and Road” countries have been further advanced through a series of productive activities, realizing win-win cooperation.

 

2. The guest county of honor, the guest province of honor and the star city have added their own splendour to the the CIFIT. As the guest country of honor of the 20th CIFIT, Czech established 500-square-meter Czech Pavilion to show and propagate its superior location, favorable investment policies, high-quality investment projects, rich tourism resources and featured products with high quality. Klara Jurcova, deputy head of mission at the Embassy of the Czech Republic in China, said that they want more people to know about Czech’s characteristics, tourism and investment projects through the platform of the CIIFT on the occasion of the 100th anniversary of the Czech Republic. Yun’nan Province, as the guest province of honor, set up a 1,000-square-meter theme pavilion to comprehensively show and propagate the sound investment environment and the high-quality attracting investment as well as the three cards of green energy, green food and healthy life destination, achieving fruitful results. Shenyang, as the “star city”, led its five major cities in Shenyang Economic Zone to set up a 3,600-square-meter Shenyang Pavilion to show its leading industries and special products, which were deeply loved by the participants.

 

3. New economy and emerging industries attracted great attention. First, the Investment Pavilion has set up the “Talents, Projects and Capital Cooperation Exhibition” covering an area of 700 square meters. Relying on a number of functions including the new technologies and new materials, the matching among talents, projects and capital and significant release activities, it has held a series of matching and cooperation activities including product display, projects investment and financing, technical cooperation, talents recruitment, product items promotion and cooperation signing, attracting a mass of audience. The National College Students “Internet Plus” Innovation and Entrepreneurship Exhibition, which was held in Xiamen for the first time, has exhibited the achievements in previous competitions, representing the technological intelligence of the national college students. It attracted a number of investment funds and venture capitals. Second, the Industry Merchants Pavilion newly increased the emerging industries exhibition zone, the We-Media investment exhibition zone and the copyright exhibition zone, attracting Youzan, Partner Capital, New Margin Capital, Gaozhang Capital and Liberty Capital to participate in it. It has represented the hot trends of the capital in the future. The Emerging Industries Exhibition Zone was hosted by the Investment Association of China and Fujian Machinery Industry Federation, highlighting a series of emerging industries including artificial intelligence, high-end equipment, new retail, block chain, new materials, new technologies, energy conservation and environmental protection and new energy. A group of domestic leading enterprises, such as CRRC Urban Traffic, Xiamen XGMA Machinery Co., Ltd., Zhongbei Runliang, ZongMu Technology, participated in the exhibition. It has reached the intended turnover up to 1.28 billion yuan($0.19 billion). Third, closely following the pulse of the times, it has hosted a series of forums aiming at new economy and new hot spots to comprehensively analyse the current hot keywords. It has held several forums, including The Future Is Coming-2018 Millions We-Media New Business Conference, the 1st 2018 China We-Media Investment Summit Forum, he 9th Listen to the Waves in Gulangyu - 2018 China (Xiamen) New Retail Summit and Private equity investment and national technological innovation BBS, to present the prospects and possibilities of economy and trade in the future to audience.

 

4. Remarkable results of matching and negotiation. The 20th CIFIT has continued to deepen concepts of “elaborate matching, careful negotiation and big platform” to integrate and connect the exhibition, forum and matching. Focused on building the “three-in-one” professional service platform, it has launched over 20,000 operative investment projects. Among these projects, nearly 9,000 new projects including 1,000 overseas investment projects have been increased in this year. 1,982 projects have reached into agreement with the total investment value of 527.5 billion yuan($76.81 billion). The utilization of the foreign investment has been up to 251 billion yuan($36.55 billion) while the outbound investment of China has reached to 67.2 billion yuan($9.79 billion). The total value of the regional cooperation has been 184.3 billion yuan($26.84 billion). The four-day large-scale matching and negotiation has gained fruitful achievements. The main highlights are as follows:

 

First, make the two-way comprehensive matching bigger and stronger. The “bring-in” matching is accurate and effective. Over 500 investors with obvious investment intentions, who meet the industrial needs of different places, have matched and negotiated with merchants institutions and project enterprises from member units. 11 roadshows have been organized by local governments to concentrate on promoting their own investment environment, policies and high-quality projects. Yunnan, as the guest province of honor, have matched and negotiated projects on site with the total value of 50 billion yuan($7.28 billion). Shanghai City has reached over 10 intended projects into agreement in matching. The “go-global” matching enjoys great popularity. Over 100 overseas government organizations, industrial parks, enterprises and service provider agencies from nearly 100 countries and regions have participated in the “go-global” B2B meeting. 13 countries and regions, including Czech, Japan, Egypt, Indonesia, Philippines, Bengal, Qatar, Ethiopia, Kenya, Mozambique, Zambia, China Hong Kong and China Macao, have hosted roadshows on investment policies and environments, attracting 1,320 “go-global” enterprises’ representatives from Yunnan, Zhejiang, Hebei, Shandong and Inner Mongolia to participate in roadshows.

 

Second, make the hot topic matching more elaborate and meticulous. Emphasizing characteristics of industries: A 360-square-meter industry matching and negotiation area was established in and around the central zone. More than 40 progressive investment institutions have been arranged to conduct negotiation each day, with over 600 batches of matching and negotiation being arranged; highlighting features of regions: A dozen of matching activities of the guest country of honor, the guest province of honor and the countries along the Maritime Silk Road have been sponsored with over 400 investment institutions joining them; leading the trend of hot spots: A 3,000-square-meter project matchmaking and negotiation area has been established to hold17 hot topics matching, involving topics of bio-medicine, “Maritime Silk Road”, modern service, urban agriculture, PPP project session, investment funds, agricultural enterprises and talent projects with more than 20,000 matching activities.

 

Third, make the online system to be accurately matched. The “Online CIFIT” has been applied to conduct accurate matching of the data for the first time. 86,230 data about “Big Matchmaking and Big Negotiation” have been searched and 6,856 participants have registered on the experience zone of the Online CIFIT to conduct matchmaking and participate in matching and negotiation. The Online CIFIT, taking top 10 hot industries such as information technology, new energy, equipment manufacturing and energy conservation and environmental protection as the direct, have conducted on-site matchmaking. It has attracted Broad Technology, Zhongke San’an, Minsheng Securities, Bohai Securities and another great group of well-known domestic enterprises and investment institutions to meet here. Nearly 1,000 investment institutions have participated in the accurate matchmaking of ‘Big Matchmaking and Big Negotiation”. Over 10,000 projects of a hundred of merchant institutions and industrial parks of local governments have joined in matchmaking. Among them, many transnational corporations, such as the Microsoft, the USA Budweiser Group, the McDonald and Bayer International, have participated in the matchmaking. The “Colorful Yunnan Cup• Competition for high-quality Global Investment and Trade” jointly hosted by the Online CIFIT, the guest country of honor of Czech and the guest province of honor of Yunnan has become the spotlight, which took the countries along the “Belt and Road” as its theme, attracting international and domestic merchants, industrial parks and government merchant projects to join in. The delegations of over 20 countries including Czech, Brazil, the USA, the UK, Zimbabwe, Poland and Italy also participated in the competition.

 

Fourth, the institutions of Hong Kong, Macao and Taiwan have actively participated in the Fair. The 20th CIFIT attracted 139 groups from Hong Kong, Macao and Taiwan to participate in the Fair, including the Government Department of Foreign Direct Investment of Government of the Hong Kong Special Administrative Region, Hong Kong Trade Development Council, Macao Trade and Investment Promotion Institute, Macao Chamber of Commerce, Chinese National Federation of Industries, Taiwan Trade Center, Taiwan General Chamber of Commerce and Council for Industrial and Commercial Development. Dr.Bernard Chan, deputy director of Commerce and Economic Development Bureau of Government of the Hong Kong Special Administrative Region, Stephen Philips, director of the Government Department of Foreign Direct Investment of Government of the Hong Kong Special Administrative Region,  Zhang Zurong, chairman of Macao Trade and Investment Promotion Institute, Wang Wenyuan, chairman of Chinese National Federation of Industries, Hong Yaokun, chairman of Council for Industrial and Commercial Development, Zheng Fuxiong, deputy chairman of Taiwan Electric and Electronic Manufacturers’ Association, Chen Wenqin, deputy chairman of Taichung City Chamber of Commerce and Zhang Wenlong, general secretary of Taiwan Federation of Industry led the economy and trade delegation in person to participate in the Fair.

 

Emphasizing on the “Belt and Road”, finance, logistics and professional services, Hong Kong Pavilion showed its unique charm as an international metropolis. Macao Pavilion displayed its emerging industries and featured financial industries. The CIFIT hosted a series of seminar focusing on the topic of cross-strait: Taking “Sharing open opportunities to promote integrated development”, the “13th Cross-Strait Economic and Trade Cooperation and Development Forum”, jointly organized by Ministry of Commerce and Taiwan Affairs Office of the State Council, attracted about 200 cross-strait experts and scholars and industry representatives to participate in. Considering the development reality of cross-strait industries, the forum has conducted wide and deep communication and discussion in significant measures and the integrated development of cross-strait economies from the levels of macro-policies and enterprises, which has contributed the cross-strait economic and trade communication and cooperation. The Government of the Hong Kong Special Administrative Region of the People's Republic of China held the symposium on investment in Hong Kong with theme of “Belt and Road, Together We Grow”. On the symposium, Stephen Philips, director of the Government Department of Foreign Direct Investment of Government of the Hong Kong Special Administrative Region, elaborated the main problems about the major businesses of CIFIT and the “role of Hong Kong” in the “Belt and Road”. he outlined the blueprint of global enterprises going-to-the world through locating and developing in Hong Kong. The 20th CIFIT also built a series of tailored symposiums and matchmaking and negotiation activities for Hong Kong, Macao and Taiwan merchants, including the Seventh Cross-Strait Environmental Science and Technology Forum, the 4th Development, Investment and Financing of Cross-Strait Health Industry Forum, the “Belt and Road, Together We Grow” Roundtable Meeting, Cross-strait Agriculture and Tourism Development Forum, Cross-Strait Education Industry Development Forum and the B2B Meeting and the B2B Meeting of Taiwan-funded Enterprises Investment Projects, to further expand new fields of cross-strait communication and cooperation from discussing different themes and industries.

 

 

Building the authoritative information release platform to let the world hear China’s opinion

 

 

 

1. Highlighting the effectiveness of China’s cooperation and development with authoritative reports being released

 

The function of information releasing at the 20th CIFIT has been further improved. The United Nations Conference on Trade and Development(UNCTAD) released the review on China’s 40 years of foreign capital utilization and the 2018 World Investment Report (Chinese Version); The UN Industrial Development Organization published the BRICS and E-Commerce Report (2018); A group of authoritative institutions, including Ministry of Commerce, China Enterprise Confederation, China Electronic Commerce Association, the Investment Association of China, China General Chamber of Commerce, China Federation of Logistics and Purchasing and China Enterprise News, chose to make their own voice to the world. They respectively released the following reports: Foreign Investment in China Report (2018), China’s Overseas Investment Cooperation and Development Report (2017), China External Contract Project Development Report, China Overseas Labor Service Cooperation Development Report, China E-Commerce Development Report (2017-2018), Green Innovation Index Report, Cross-strait Cold Chain Logistics Cooperation Industry Report, Report on Investment Promotion of Commercial Real Estate (Summary), Research on New Commercial Cities of China and Report on Development Trend of China Characteristic Town Construction. The international authority of the CIFIT has been further highlighted.

 

 

2. Enhancing the international investment cooperation with investment information being released.

 

In this year, the organizing committee of the CIFIT, aiming at different hot industries, has designed 7 project roadshow activities, such as the session of “Internet Plus Big Data”, the session of “Biology Massive Health” and the session of “Technological Enterprises”. it invited more than 200 investment institutions and 50 projects to participate in these sessions, involving in the industries of internet enterprises, technology, smart city, innovation and entrepreneurship,  medical informationization, cultural innovation and agriculture, etc. As a highlight in the matchmaking meeting of investment projects, this activity was highly commended by wide member units with its strong pertinence and sound effectiveness. In addition, the government organizations of foreign countries(regions), such as Qatar, Indonesia, Egypt, Arab, Philippines and Bengal held nearly 10 investment-policy explanation sessions and project promotion seminars.

 

 

Building the seminar platform of the international investment trend to lead the direction of the international investment

 

The 20th CIFIT held 2018International Investment and 87 high-level conferences, forums and domestic-overseas promotion meetings including the special symposium on “Bring-in & Go-global”, about 617 guests from 72 countries and regions giving wonderful speeches with the total audience of 37,000. The characteristics of the 20th CIFIT are as follows:

 

 

1. Forecasting the new development opportunities of the International Investment Forum to lead the weathervane of the international investment in new era

 

As one of the activities with highest standard and most influence at the CIFIT, the International Investment Forum has provided a significant platform of high-level interaction and dialogue for domestic and overseas politicians, business leaders and famous scholars. Taking “New challenges and new opportunities, Working together to build open world economy” as the theme, the 20th CIFIT was jointly organized by Ministry of Commerce and China Media Group. Cao Jianming, vice chairman of the NPC Standing Committee, attended to the CIFIT and sent the keynote speech. He stressed that the 20th CIFIT has communicated and discussed the current situation of the international investment cooperation and the development trend in the future with of realistic importance. China will always welcome and encourage foreign merchants to invest in China and support the CIFIT to improve its international and professional levels to provide a better platform for investors of all countries and regions. 14 distinguished guests made speeches successively, including Wang Shouwen, vice minister of Commerce and deputy China international trade representative, Yu Weiguo, secretary of Fujian provincial Party committee and secretary of Fujian provincial NPC Standing Committee, Hu Bangsheng, vice director of China Radio International, Aziz, president of Mauritania, Radim Fiala, director of the Economy Committee of Chamber of Deputies of the Parliament of the Czech Republic, Thomas Lembong, chairman of Indonesia Investment Coordinating Board, Lim Jock Hoi, secretary general of ASEAN, Bostjan Skalar, WAIPA Executive Director, Zhang Guohua, vice governor of Yunan Province, Jia Kang, chief economist of China Academy of New Supply-side Economics and former director of Research Institute for Fiscal Science, Ministry of Finance, Chen Liming, IBM global senior vice president and president for Great China Region, and Wang Yun, Philips Lighting global senior vice president and president for Great China Region. More than 1,000 officials, business people of domestic and overseas investment promotion institutions and representatives of the relevant international organizations participated in the forum. The guests discussed how to guide the economic globalization to achieve inclusive and beneficial and beneficial re-balance so as to shape more equitable and reasonable international economic order on the forum. It has been highly praised by the participants, receiving a a wave of support.

 

 

2. Symposium and Forum to focus on new hot spots of the investment development

 

During the period of the Fair, 87 symposium on hot investment issues were held, which took a series of hot topics in the current investment community, including the “Belt and Road”, international capacity, green development, rural revitalization, leasing investment and financing, cross border e-business, financial investment, industrial investment, film and television investment, health-care and high-quality life and we-media. In green development, the 2018 China International Conference on Green Development co-organized by the Investment Association of China and the organizing committee of China International Forum for Investment and Trade, taking “Innovation-driven to achieve green development” as the theme, has analyzed green development policies, promoted innovation and entrepreneurship projects, exchanged experience of green achievements, matched with green technology investment and displayed green finance cases to provide the latest high-end information and effective matchmaking platform for participants. In rural revitalization, the 2nd International Summit on China Characteristic Town Construction, taking “Characteristic industrial towns boosting rural revitalization” as its theme, fully discussed the development concepts and innovation thoughts of the characteristic towns to effectively boost their healthy and order development. A number of symposiums on hot topics, including the Investment Summit for Overseas Chinese Merchants 2018, the 2018 China Financial Lease Development Forum, the 13th Asian Investment Fund Summit and the Global PE investment Tour, have been arranged to build a platform for participants to comprehensively grasp the global economy trend, strengthen communication and understanding and achieve win-win cooperation, winning the unanimous approval of the participants.

 

 

3. Seminar and communication activities to improve the international business and investment environment

 

To further improve the international business environment, enhance high-quality foreign investment utilization and boost the development of enterprise innovation, the Fair held a series of seminar and communication activities. Wang Shouwen, vice minister of Commerce, hosted the Symposium for Multinational Corporations. He invited more than 80 senior executives of multinational corporations and institutions including Wilmar International, Budweiser, DowDuPont and Glaxo Smith Kline, listening to the advice and suggestions in China’s investment facilitation measures and business environment improvement from the transnational corporations so as to boost high-quality development of foreign investment utilization. On the Presentations of Multinational Corporations Investment and Development Prospects in China 2018, the representatives from 5 enterprises, including Signify(China) Investment Co., Ltd., Sanofi (China) Investment Co., Ltd., OSI(China)Holding Co.Ltd., Dell (China) Company Limited and Jaguar Land Rover Automotive Trading(Shanghai) Co., Ltd., respectively introduced the development information of industries and the development conditions of their own company and shared their plans for their investment and business development prospects in China in the future. A series of symposiums relating to investment promotion were held, including the Reform & Opening-up and New Development, New Departure -- Summit Forum of New Three-Capital Enterprises’ Innovation and Development, the 16th National Seminar in New Trends, Ideas and Models by Investment Promotion Agency & International Investment Promotion Association, the International Symposium of Overseas Economic and Trade Cooperation Zones and the 2018 China Investment Opportunities Forum for Japanese Companies, exchanging and discussing the development trend of the investment promotion to boost the improvement of international business environments.

 

 

Upholding International, Professional and Brand-oriented Concepts to further improve the Vitality of the CIFIT

 

 

 

Building the bridge of the international cooperation and exchange to highlight China’s capital power

 

 

 

1. Domestic and overseas guests gathered here to take an active part in the 20th CIFIT

 

The 20th CIFIT attracted attract over 120,000 merchants of about 5,000 enterprises of over 1,005 industrial and commercial groups from more than 128 countries and regions to participate in the Fair. Over 30 overseas government officials at vice ministerial level including: Mohamed Ould Abdel Azizm, president of the Islamic Republic of Mauritania, Radim Fiala, director of the Economy Committee of Chamber of Deputies of the Parliament of the Czech Republic, Ahmed Al-Sayed, Qatar Secretary of State and chairman of the Free Zone Committee, Parfenchikov, head of the Republic of Karelia, a federal subject of Russia, Thomas Lembong, chairman of Indonesia Investment Coordinating Board and , minister of Afghanistan Chamber of Commerce and Industry; and senior officials of international organizations, including Lim Jock Hoi, secretary general of ASEAN, Bostjan Skalar, WAIPA Executive Director and officials from United Nations Conference on Trade and Development,  United Nations Industrial Development Organization, World Trade Organization and Organization for Economic Cooperation and Development(OECD) participated in the Fair. A group of overseas institution groups, such as World Trade Centers Association, China-Britain Business Council, the American Chamber of Commerce In South China, German Confederation of Small Business and Skilled Crafts and Consulate General of Spain in Guangzhou; and over 200 enterprises on the list of the global Fortune 500 and multinational corporations, including Microsoft, IBM, Budweiser Group, DowDuPont, Qualcomm, Dell, Novozymes, Veolia, Louis Dreyfus, Panasonic and Canon, took an active part in high-level forums and other special activities.

 

 

2. Autonomous regions of all provinces and cities participated in the Fair

 

The autonomous regions of all provinces and cities took an active in the CIFIT, with 35 member units setting up booths to display their images at the CIFIT. The significant domestic guests mainly included: the leaders of national ministries, such as United Front Work Department of CPC Central Committee, Ministry of Commerce, State-owned Assets Supervision and Administration Commission, China Media Group and Taiwan Affairs Office of the State Council; the leaders of national commercial associations of CIFIT, China Council for the Promotion of International Trade, China General Chamber of Commerce and China Public Diplomacy Association; and the leaders of each province, autonomous region and municipality, have attended to the Fair.

 

 

3. Authoritative institutions worked together

 

During the period of the Fair, a batch of international organizations, including United Nations Conference on Trade and Development, United Nations Industrial Development Organization, World Association of Investment Promotion Agencies and World Trade Center Association, released authoritative reports and hosted series of investment promotion activities and training discussion activities. The World Investment Conference(WIC) was held in China for the first time since the establishment of the World Association of Investment Promotion Agencies (WAIPA) 23 years ago, inviting IPAs from over 100 countries and regions, government officials, enterprises representatives, experts and scholars relating to foreign direct investment to participate in the conference.

 

The 20th CIFIT has continued to uphold the enterprises as its main body and the investors as its core and actively consolidated and expanded the conference resources, inviting a group of national commercial associations to participate in the Fair, including China Enterprise Confederation, CIFIT, the Investment Association of China, China Association of Development Zones, China Association of Enterprises with Foreign Investment, China General Chamber of Commerce and China Electronic Commerce Association. These associations hosted a series of investment promotion activities with the organizing committee.

 

 

Working on improving innovation to provide all-round professional service and guarantee

 

 

 

1. Comprehensively applying the smart conferencing system by means of informationization

 

The Online CIFIT has provided targeted service for the investment matchmaking. Two months before the 20th CIFIT, the 20th CIFIT committee, relying on the system of “Online CIFIT” 2.0 and professional technical teams, has provided professional service from the aspects of project collection and aggregation, information matching, project matching and on-site matchmaking in order to help investors with the investment requirements and attractors with the requirements of investment attraction to have a better judgement and grasp the matchmaking conditions in advance.

 

The 20th CIFIT comprehensively adopted the smart conferencing system. First, developing the CRM system mobile terminal to provide refined services for exhibitions and conferences. Relying on powerful functions of the CRM system and the application of the CRM system mobile system, the organizing committee provided informational and effective services for the guests in meeting affairs, exhibition service management, matchmaking and certificates applying. About 70% audience applied for the certificate through We-chat client terminal. The organizing committee integrated the CIFIT, the official website of the International Investment Forum and the “Weibo, Wechat and the news client” to shape strong media matrix, ensuring that the information of the 20th CIFIT can be conveyed in time and accurately.

 

Second, the on-site navigation system provided convenient service for the participants. The organizing committee also increased investment to intensify the WiFi function of the exhibition halls and strengthen the fair navigation system in the exhibition center. The guests can directly locate their position on mobile phones, search each pavilion in the 130,000-square-meter exhibition hall and find the distribution conditions of each booth, and know the conference circumstance of each meeting room. The guests can also keep track of the arrangement of matchmaking activities in every matchmaking and negotiation area on the mobile phone. It has provided convenient service for guests to participate in the exhibition, the Fair, matchmaking and negotiation.

 

Third, applying the face recognition system. According to the statistics, about 140,000 audience entered into the exhibition hall through face recognition system, improving the efficiency and experience of entering the exhibition hall.

 

 

2. Enhancing the experience of participating in the Fair with personalized service

 

In order to complete the exhibition service of the merchants and make full use of merchants resources, the organizing committee, in terms of specific requirements of groups and the activity contents, assisted to formulate personalized activity schedules, arranged group merchants to develop booth negotiation, special matchmaking and one-to-one business negotiations with member units and overseas exhibitors, enhancing the exhibition efficiency of merchants.

 

 

In terms of the previous experience and problems reflected from merchants, the 20th CIFIT adopted effective measures to further improve the exhibition experience of merchants. First, improving the security-check speed and introducing the face recognition system. The organizing committee established the security-check hall from the exhibition center to the square in this year, greatly increasing X-ray channel machine. The 20th CIFIT introduced the face recognition system for the first time to facilitate guests to enter into the exhibition hall quickly, speeding up the security-check. Second, adjusting the time for merchants to enter into the exhibition hall in a flexible way. It adjusted the time to enter into each pavilion in terms of different conditions, which would avoid congestion caused by large crowds entering into the pavilion at the same time. It has ensured that merchants could receive security-check within a short time to enter into the pavilion in different times. Third, providing convenient service of hotel check-in for a part of distinguished guests. The municipal security department supported to provide convenience for significant guests and allowed the guests with approval to complete hotel check-in in advance and receive room cards. These guests can directly complete check-in after arriving at the hotel. 

 

 

 

The “Golden Key” CIFIT shined with much attention of the global media

 

The 20th CIFIT attracted more than 1,500 journalists of over 200 domestic and overseas media to participate in reporting. They totally released more than 10,000 reports on the print media, online media and new media.

 

 

1. The wide publicity and report of the mainstream media to highlight the brand-oriented influence of the CIFIT.

 

The mainstream media, such as the China Media Group, the People’s Daily, the Xinhua News Agency, the Economic Information Daily, the Economic Daily News and the China Daily, took an active part in propagating and reporting the 20th CIFIT. The China Media Group strengthened its report on the 20th CIFIT. Besides the co-organized International Investment Forum and the Dialogue, the CCTV Finance organized a number of special reports activities for the 20th CIFIT: All-way recorded broadcasting the Keynote Forum on the International Investment Forum, recording the Dialogue for the “Investment Summit for Overseas Chinese Merchants 2018: Contribution of Overseas Chinese Merchants in International Investment”, live broadcasting “The Night of the International Investment Forum” on September 8; producing the show with the theme of “Focus on the CIFIT: Open the Door of Wealth with the ‘Golden Key’” and many interview shows are arranged.

 

The local media of Xiamen actively reported the CIFIT. The New Media Center of Xiamen Daily divided work in terms of the characteristics of each platform, with 9 groups of WeChat, Weibo APP, audio, H5, bilingual reporting, video, live-broadcast platforms, self-publication and extra edition to conduct separate preparation and promotion. It also established converging media studio on the field of the CIFIT for the first time. From September 7 to September 8. Xiamen Daily totally published about 760 news reports relating to the 20th CIFIT with the total reading amount of over 5000,000. The converging media studio invited 20 important guests to have interviews. Xiamen Radio and TV Group fully exerted its advantages in “omnimedia”, launching a number of shows of dynamic messages, serial reports, comments, interviews, news review and web-casting. The “Xiashi News” and the “Xiashi Live Broadcasting Studio” and other news shows of Xiamen Radio and TV Group also participated in reporting. The shows of Xiamen Radio and TV Group totally broadcast 154 reports relating to the 20th CIFIT; and the new media platform of the Group transferred and pushed 118 reports from CCTV media and the Xiamen Radio and TV Group in time within three days.

 

 

2. Authoritative new media’s reports to expand the “friend circle” of the CIFIT

 

The authoritative online media, such as the People’s Daily, Sina and Tencent, produced the special web page relating to the 20th CIFIT on their official websites, which have directly and effectively propagated the 20th CIFIT. The national finance and economy online platform, such as CCTV Finance, Sina Head-News, Sina Finance and Tencent Finance, and authoritative media, such as the Xinhua News Agency clients and Jinritoutiao, conducted synchronous reports on the conditions and achievements of the 20th CIFIT.

 

 

3. Working together with the APP resources of authoritative to widely broadcast the 20th CIFIT

 

The inhua News Agency APP, the CCTV APP, the China Daily APP, the Jinritoutiao APP, the Sina APP, the Tencent APP and the NetEase APP widely propagated new contents, highlights and progress of the 20th CIFIT. The social media accounts of the 20th CIFIT, including Facebook and Twitter, rapidly conveyed information of the 20th CIFIT through fissile-pattern propagation of the social media.

 

 

4. Active reports from the overseas media to attract the countries along the “Belt and Road” media groups to participate in.

 

The “Ta Kung Pao” and the “Wen Wei Po” of Hong Kong, the “Chuang Hua Times” of Taiwan and a number of overseas media, including the Financial Express of the USA, the Chinese American Post of the USA and Japan Broadcasting Corporation(MHK), took an active part in reporting. The media interview groups of the countries along the “Belt and Road”, including the Czech Television, the Indian Express of India, the Philippine News Agency and the KPL News of Laos, conducted interviews and reports on site, excavating highlights of the CIFIT resources.

 

The CIFIT serves as one benchmark of the wold in the great era. The development history of the CIFIT is the history full of glory, struggle and innovation. Along with the constant and stable development of China’s economy and the advancement of China’s reform and opening-up, the scale of the CIFIT has been constantly enlarged with its level been improved. The characteristics of the CIFIT have been highlighted and the popularity and influence of the CIFIT have been gradually expanded. The CIFIT has evolved into one of the most influential international investment events from the original regional economy and trade activity. It has set up the benchmark of the international investment in new era through over 20 years’ development in the global investment circle and made positive contributions to China’s reform and opening-up and socialist modernization. The hard-won achievements shall be ascribed to amiable care and guidance of the relevant leaders of the Party Central Committee and the State Council, be benefited from meticulous nurturing and common efforts of each organizer, co-organizer, sponsor and member unit, and be benefited from wide support and active participation of domestic and overseas merchants and cross-strait friends of all circles.

 

New achievements and development will be gained at the new starting point in new era. The 20th CIFIT has played a role as a significant opportunity for the CIFIT building on past successes to further advance new cause and achieving great-leap-forward development. The development of the CIFIT, basing itself on the new starting point and stepping on the new journey, will be greatly accelerated to further lead the development trend of the international investment in new era. Hundreds of boats race to win, and the one who strives to row the boat will the first. Along with the door of China’ opening to the outside world getting bigger and bigger, the CIFIT will closely follow the latest trend of the international investment in accordance with the requirements of building modern economic system and pushing forward a new pattern of comprehensive opening-up. Emphasizing on the “Belt and Road” Initiative and integrating into the new national development strategy, the CIFIT will constantly will, taking the promotion of two-way investment as its theme, cultivate intensively and create international, professional and brand-oriented products, becoming an important platform for a new round of high-level opening-up to play an active role in pushing forward a new pattern of comprehensive opening-up and building an open world economy.

 

The glory always goes ahead with the dream. The 20 years’ accumulation has facilitated the CIFIT to be more confident in standing higher starting point with higher vision. Taking promoting high-level opening-up and high-quality development as its mission and responsibility, the CIFIT strives to play an active role in pushing forward a new pattern of comprehensive opening-up and building an open world economy and offer China’s wisdom and show China’s strength for global economic development.

 

We sincerely hope friends from all circles will continue to pay attention to and support China International Fair for Investment and Trade; and we look forward to meet all of you again on September 8 next year in Xiamen.



 
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