The 25th China International Fair for Investment & Trade (CIFIT) will be held in Xiamen, East China’s Fujian Province, from Monday to Thursday, with delegations from more than 120 countries and regions expected to participate, Xinhua News Agency reported.
At the press conference held on Saturday, Yu Guangsheng, deputy director of the investment promotion bureau of China’s Ministry of Commerce, said that as China’s only national-level major exhibition focused on investment, the event covers a total exhibition area of 120,000 square meters.
More than 100 investment promotion activities will be held, aiming to establish the event as a flagship exhibition for “Invest in China” and a key platform for promoting two-way investment, said Yu.
The conference will also host a symposium attended by multinational corporations, a dialogue between prominent private enterprises and Fortune 500 companies, and hold some 30 specialized investment promotion activities, showcasing the vitality and opportunities of “Invest in China” in a comprehensive and multidimensional manner, Xinhua reported.
Yu Hao, an official from the organizer of CIFIT, said that the event features booths organized around three major sections — “Invest in China,” “China Investment,” and “International Investment.”
The “Invest in China” section includes thematic exhibition areas such as financial capital matchmaking and industrial park matchmaking. The “China Investment” section includes thematic areas like China’s outbound investment cooperation, green China, and green innovation. The “International Investment” section features thematic areas such as global cooperation, international investment services and new quality productive forces, Yu said.
The UK is the guest country of honor at this year’s CIFIT. The country will send its largest-ever business delegation to the event, comprising over 100 companies and representatives from across the country, UK Trade Commissioner for China Lewis Neal said on Saturday, according to Xinhua.
Britain’s 400-square-meter national pavilion at the fair, themed “Invest in Great,” will showcase key sectors including financial and professional services, advanced manufacturing, life sciences, clean energy and creative industries, Xinhua said.
In an exclusive interview with Xinhua, Neal said the UK’s participation seeks to support British businesses in exploring opportunities in the Chinese market, promote the UK as China’s preferred investment destination in Europe, and facilitate partnerships between Chinese firms expanding overseas and UK service providers.
“Wherever Chinese companies go in the world, we want UK firms to be at their side,” he said, per Xinhua.
The UK trade commissioner expressed confidence in China’s economic outlook, highlighting its position as the world’s second-largest economy and having significant growth potential in sectors such as automotive, life sciences and renewable energy, the report said.
In particular, he praised China’s digital economy as “vibrant, competitive and diverse,” noting the increasing use of digital channels by British companies to engage Chinese consumers, Xinhua reported.
Global Times
