China International Fair for Investment and Trade
Encyclopedia
China International Fair for Investment and Trade (CIFIT, simplified chinese:中国国际投资贸易洽谈会, traditional chinese:中國國際投資貿易洽談會) held in Xiamen
, Fujian
, China
is the exclusive investment promotion trade show in China which is aimed at attracting foreign direct investment
. Presently, it is the largest economic trade show which focuses on the marketing of China for foreign investment and new business opportunities for goods and services made by foreign funded ventures.
, Fujian
on mainland China.
CIFIT has steadily grown in the numbers of visitors such as investors, business people, economic institutions and intermediaries. This is due to its unique way of attracting foreign capital and investment.
Xiamen
Xiamen , also known as Amoy , is a major city on the southeast coast of the People's Republic of China. It is administered as a sub-provincial city of Fujian province with an area of and population of 3.53 million...
, Fujian
Fujian
' , formerly romanised as Fukien or Huguing or Foukien, is a province on the southeast coast of mainland China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, and Guangdong to the south. Taiwan lies to the east, across the Taiwan Strait...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
is the exclusive investment promotion trade show in China which is aimed at attracting foreign direct investment
Foreign direct investment
Foreign direct investment or foreign investment refers to the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.. It is the sum of equity capital,other long-term capital, and short-term capital as shown in...
. Presently, it is the largest economic trade show which focuses on the marketing of China for foreign investment and new business opportunities for goods and services made by foreign funded ventures.
Location
The trade show is held annually on September 8–11 in the southern coastal city of XiamenXiamen
Xiamen , also known as Amoy , is a major city on the southeast coast of the People's Republic of China. It is administered as a sub-provincial city of Fujian province with an area of and population of 3.53 million...
, Fujian
Fujian
' , formerly romanised as Fukien or Huguing or Foukien, is a province on the southeast coast of mainland China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, and Guangdong to the south. Taiwan lies to the east, across the Taiwan Strait...
on mainland China.
History
CIFIT started out as the Fujian Fair for International Investment & Trade (FFIIT). It was held for the ten years between 1987 and 1996. Then came the Ministry of Foreign Trade and Economic Cooperation (Moftec) of the People's Republic of China who saw the opportunity to expand this trade show to include marketing the rest of China for foreign direct investment. Consequently the FFIIT was promoted officially to CIFIT in January 1997.CIFIT has steadily grown in the numbers of visitors such as investors, business people, economic institutions and intermediaries. This is due to its unique way of attracting foreign capital and investment.
See also
- Ministry of Commerce of the People's Republic of China (MOFCOM)Ministry of Commerce of the People's Republic of ChinaThe Ministry of Commerce of the People's Republic of China , formerly Ministry of Foreign Trade and Economic Co-operation is an executive agency of the State Council of China...
- Special Economic Zone of the People's Republic of ChinaSpecial Economic Zone of the People's Republic of ChinaSpecial Economic Zones of the People's Republic of China are Special Economic Zones located in mainland China. The government of the People's Republic of China gives SEZs special economic policies and flexible governmental measures...
- Economy of the People's Republic of ChinaEconomy of the People's Republic of ChinaThe People's Republic of China ranks since 2010 as the world's second largest economy after the United States. It has been the world's fastest-growing major economy, with consistent growth rates of around 10% over the past 30 years. China is also the largest exporter and second largest importer of...
- People's Republic of ChinaPeople's Republic of ChinaChina , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
- List of China-related topics
External links
- Official CIFIT Website
- China Ministry of Commerce MOFCOM Homepage Foreign Direct Investment with Links to CIFIT
- CIFIT Highlights
- Official website of the main China-Romania Import-Export company