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The Second China International Fair for Investment & Trade

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        Sept. 8, 1998, the Opening Ceremony of the 2nd China International Fair for Investment & Trade was held at Xiamen Fushan International Exhibition Hall. Minister of MOFTEC Mr. Shi Guangsheng, Secretary of CPC Fujian Committee Mr. Chen Mingyi, Secretary General of UNCTAD Mr. Rubens Ricupero, cut the ribbon at the opening ceremony.This fair attracted 6377 overseas business people of 156 delegations from 60 countries and regions. 42 Member units took part in the 2nd CIFIT. Hubei, Gansu, Heilongjiang, Henan, Shannxi, Hainan, Tibet, Guangxi, JinanCity, and CCPIT became new member units.

Two high level seminars, namely, Forum on Director Investment Strategies of Multinational Corporation and Symposium on China’s Foreign Investment Policies, were held during the Fair.

Wu Yi, State Councilor of PRC, Secretary General of UNCTAD Mr. Rubens Ricupero, President of Japan Matsushita Denko Co. Ltd, Vice President of International Finance Cooperation Mr. Jemal-ud-din Kassum, Minister of MOFTEC Mr. Shi Guangsheng, Deputy Director General of State Development Planning Commission Mr. Li Rongrong, Vice Minister of General Administration of Customs Mr. Zhao Guanghua, Vice Governor of the People’s Bank of China Mr. Liu Mingkang, Vice Minister of the Construction Mr. Song Chunhua, Minister of Labour and Social Security Mr. Wang Dongjin were delivered their speeches on the two seminars respectively.

The 2nd CIFIT had 1606 contracts signed with a total amount of 5.52 billion USD. The trade volume totaled to 1.053 billion USD.

List of Previous Seminars

Names of Seminars

Speakers
Topics of Speeches
Forum on Direct Investment Strategies of Multinational Corporations Mme. Wu Yi, State Councilor of P.R.C. Asia's Financial Crisis and China's Economic Development
Mr. Rubens Ricupero, Secretary General of UNCTAD After-effects of The Asian Financial Crisis and Its Influences
Mr. Pieter Bottelier, Senior Advisor, World Bank The Asian Financial Crisis and Its Effects on China-The Importance of Multinational Corporations in China's Future Development
Mr. Jemal-ud-din Dassum, Vice President, Investment Operations, IFC Multinational Corporation Foreign Direct Investment is Conducive to the Economic Development of Developing Countries
Mr. Toshio Miyoshi, Chairman of the Board of Matsushita Electric Work, Ltd. Investment in China Seen From a Global Enterprise
Symposium on China's Foreign Investment Policies Omitted Omitted

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