The 13th China International Fair for Investment and Trade (CIFIT), where it is anticipated investment in property will attract great interest, opened on 8 September.

The event is expected to attract about 13,000 overseas businessmen.

The fair this year will cover 60,000 square metres, 8,000 square metres more than last year, and will house 2,800 exhibition booths.

A total of 492 overseas institutions from 83 countries or regions have confirmed they will attend.

During the four-day property and trade fair, the Ministry of Commerce (MOC) will hold a forum on boosting economic recovery through international investment, and another forum on mainland-Taiwan economic and trade cooperation.

‘This year is crucial for the world to fight the global economic downturn.

The fair is expected to provide both overseas and domestic enterprises more chances to cooperate,’ said Shen Danyang, deputy head of the MOC General Office and head of the organisation committees’s press centre.

The fair was sponsored by the Ministry of Commerce and organised by Fujian provincial government, Xiamen municipal government and the MOC Investment Promotion Bureau, with additional support from five international organisations.

Source: Propertywire.com