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Over 527-bln-yuan (76.7 billion USD) investment signed at 4-day int'l trade fair in Xiamen

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Over 527-bln-yuan investment signed at int'l trade fair

Xinhua Published: 2018-09-12

A total of 1,982 cooperation agreements involving an aggregate investment of 527.5 billion yuan (76.7 billion U.S. dollars) have been signed at the 20th China International Fair for Investment and Trade (CIFIT).

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People visit the 20th China International Fair for Investment and Trade in Xiamen, Fujian Province, on September 9, 2018. [File photo: VCG]

The four-day event, attracting over 1,000 commercial groups and 5,000 enterprises from 128 countries and regions, concluded Tuesday in Xiamen, southeast China's Fujian Province.

CIFIT has become an effective and important platform for promoting two-way investments, publishing official information, and discussing investment trends.

Approved by the State Council, the event takes place in Xiamen every September.

http://chinaplus.cri.cn/news/business/12/20180912/182563.html

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Looks like, with or without the trade war, China is an indispensable part of global economy. A four-day fair generating 80 billion USD worth of transactions is not bad.
 
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