China will make the best of the Sino-Africa Development Fund and overseas economic and trade cooperation areas to help Chinese enterprises in their investment in Africa, especially investment in infrastructure, transportation, telecommunication, processing trade, and manufacturing industries. Agricultural development will also gain spotlight, and cooperation in tourism, banking, scientific and technological development, and environmental protection will be accelerated.
Meanwhile, we will continue our aid to African countries, especially to their projects of social development and public welfare.
CIFIT may play its role in all these efforts by providing policy, law and information services, and brining more Chinese and African enterprises into the ranks devopted to promotion of Sino-African cooperation.
The global economic recession has held up the multinational corporations' willingness to invest and triggered further shrinkage in investment. What does CIFIT feature this year to promote FDI?
I agree with you. The trade fair has been affected by the crisis somewhat, but it can be regarded as an opportunity as well. The key issue is how to seize it and put it to best use.
To tide over the economic crisis, many countries and enterprises badly need funds and investments. They take international investment as a chief ramp to lead them out of the economic slump. Meanwhile, lots of newly created fund companies and investment bodies are looking for investment opportunities. All these are rare opportunities.CITIF comes to provide the right channel to learn the source of funding and the opportunity for investment.
Background
About CIFIT
Introduction
The China International Fair for Investment and Trade (CIFIT), approved by the State Council of the People's Republic of China, takes place on September 8-11 every year in Xiamen, southeast China.
CIFIT has the following major contents: investment and trade exhibition, the International Investment Forum and serial seminars on hot issues, and investment project matchmaking symposia. CIFIT not only showcases the investment environments, investment policies, investment projects and corporate products in China's provinces, autonomous regions and municipalities, but also attracts investment promotion agencies from dozens of countries and regions to conduct investment briefings. CIFIT offers optimum opportunity for business people at home and abroad to get a bird's-eye view on the investment climates in China and other countries, and ensures them one-stop shopping service for multilateral investment cooperation, thereby helping them select from the widest range of investment projects and business partners.
In response to the adjustments of the world's industrial structure and in view of challenges and opportunities in international investment cooperation, the 13th CIFIT will carry out China's latest national development strategies, implement the nation's strategies for coordinated development of regional economies, and promote bilateral and multilateral economic exchanges and partnerships.
Themes
"FDI": Showcase China's investment environment, image, policies and business opportunities to attract foreign direct investment.
"ODI": Showcase the investment environment, image, policies and business opportunities worldwide to help Chinese enterprises in overseas investment
Method
Exhibition
Various provinces, autonomous regions, municipalities, cities separately listed in the State budget, as well as dozens of foreign countries or regions will set up exhibition booths to showcase their local investment environment and projects. Participants will gain access to comprehensive knowledge of the investment environment and investment opportunities throughout China and dozens of exhibiting countries or regions, as well as the products of brand-name enterprises.
Conference
"International Investment Forum," "World Investment Report by UNCTAD," "China FDI Report," and a series of strategic seminars on hot investment issues will be organized during the fair to exchange latest and most authoritative investment information and discuss issues of mutual interest.
Talks
Economic and trade delegations headed by leaders at the provincial level in charge of foreign economic cooperation from China's various provinces, autonomous regions and municipalities will participate in the Fair. Foreign governmental delegations and high-level supervisors from multinationals will also attend. The participating foreign investors will meet with high-level officials, attend matchmaking symposia and topic-specific seminars, and get into business talks,all with the aim to seek broad prospects for accessing investment partners, and conducting high-level public relation as well as investment cooperation activities. |