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Ningde attracts foreign investment of $534 million at CIFIT

     chinadaily     2017-9-25 17:19:00    

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Ningde, a coastal city in the north of Fujian province, has signed six foreign-funded projects with a total investment of $534 million, seeing an increase of 4.2 percent compared to its performance in last year’s China International Fair for Investment and Trade (CIFIT) held in Xiamen, Fujian province.

 

Ningde has promoted itself by relating to the strategy of developing Sandu Bay Scenic Area and constructing a new Ningde at CIFIT while making full use of the CIFIT to actively visit businessmen and carry out project cooperation and exchange activities.

 

Ningde has organized its project owners to attend many activities in a bid to attract investment, including the cooperation activities of investment projects in key industries, project matchmaking meetings for overseas Chinese businessmen, and matchmaking meetings of economic and trade cooperation between Fujian and the countries along the 21st Century Maritime Silk Road.

 

A matchmaking symposium for modern service industry was also held at the CIFIT, while four projects in service industry from Ningde have attracted an investment of 3.53 billion yuan ($ 534 million).

 

 

With the theme of ushering in a golden decade for BRICS cooperation, the 2017 CIFIT focuses on the new trend of international investment and highlights the Belt and Road Initiative with the help of the BRICS summit held in Xiamen.

 


 
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