Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Aug. 26 (Xinhua) — The 25th China International Investment and Trade Fair (CIFIT) will be held from Sept. 8 to 11 in Xiamen, east China's Fujian Province, Vice Minister of Commerce Lin Ji said at a press conference on Tuesday.
Lin Ji said that the event will last for four days. The exhibition area of about 120,000 square meters will host more than 70 events dedicated to investment topics, as well as over 100 themed road shows.
According to Lin Ji, the UK will be the honorary country of the fair this year. Delegations from more than 110 countries, regions and international organizations have confirmed their participation in the event, with 51 countries and regions presenting their own exhibits.
The Deputy Minister of Commerce noted that against the backdrop of weak growth dynamics in the global economy, an increase in the number of trade and investment barriers and an obvious slowdown in cross-border investment, active participation in this event indicates that China still has enormous potential for attracting capital investment.
Vice Chairman of the Fujian Provincial People's Government Wang Jinfu said that this year's CIFIT will also serve as a "bridge" for countries and regions participating in the Belt and Road Initiative, strengthening ties and promoting practical cooperation. To date, 77 countries and regions participating in the initiative have confirmed their participation in the event, and new cooperation results will be presented during the fair.
First organized in 1997 by the Ministry of Commerce of the People's Republic of China, CIFIT has become an important platform for promoting investment and promoting global development. –0–
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