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Investment fair to show foreigners opportunities in China

chinadaily.com.cn | August 27, 2024

Visitors check booths during the 23rd China International Fair for Investment and Trade in Xiamen, Fujian province, on Sept 8, 2023. LIN SHANCHUAN/XINHUA

The 24th China International Fair for Investment and Trade is ready to show foreign investors with plenty of opportunities to tap the Chinese market further, as well as accelerate the country's opening-up and integration into the global economy, senior officials said on Monday.

They made the remarks at a news conference held in Beijing, which focused on introducing the event scheduled to run from Sept 8 to 11 in Xiamen, East China's Fujian province.

Ling Ji, vice-minister of commerce, said merchants from nearly 90 countries and regions have registered to attend the fair so far, 80 percent of which are involved in the Belt and Road Initiative.

Ling said about 50 events in various forms will be held during the fair, so as to facilitate international cooperation concerning green development, digital economy, artificial intelligence, new energy and finance.

Meanwhile, efforts will be made to showcase China's policies, best practices and latest achievements in attracting foreign direct investment, encouraging outward investment and fostering new-quality productive forces.

This year's fair has also given full play to the role of financial institutions by strengthening cooperation with financial regulatory authorities and leading investment companies, said Ling.

"The past 23 sessions have witnessed the signing of more than 30,000 projects, most of which have been successfully carried out," said Ling, adding that a large number of Chinese companies have expanded into foreign markets through the fair.

Wang Jinfu, the vice-governor of Fujian province, said the fair will not only set up an offline exhibition area of 120,000 square meters but also utilize multiple online channels to support investing activities and promptly meet the merchants' needs.