The organising committee of China International Fair for Investment & Trade (CIFIT) visited the little cool capital Wellington this month, and held a positive conversation with NZCCC’s management team. The conversation was around the opportunities of getting involved in the international cross-border eCommerce forum in Xiamen next year, which is expected to be one of the themed events in the CIFIT program for 2018.
NZCCC President Chris Lipscombe expressed his appreciation for CIFIT supporting cross-border e-commerce initiatives in next year’s program. ‘It’s timely for us and our members,’ said Chris. ‘I’m keen to see how we can leverage the CIFIT business and investment platform to create more opportunities for NZCCC members.’
The CIFIT organising committee’s visit to New Zealand was their first overseas stop following a 4-day CIFIT event held 18–21 September this year at the Xiamen International Conference & Exhibition Centre (XICEC) in Xiamen, Fujian Province.
2017 CIFIT was one of China’s biggest international investment fairs, held between the 9th BRICS Summit and the 19th CPC National Congress. This year’s fair featured more than 5,000 exhibition booths across the Investment Promotion Pavilion and Industrial Investment Pavilion, covering 120,000 square meters.
More than 100,000 domestic and foreign business representatives from 107 countries and regions, nearly 700 business groups, over 40 multinational corporations, and 4,000 domestic and foreign enterprises gathered at the fair.
Deals for 1,577 investment projects worth a combined 532.7 billion yuan ($81.0 billion) were signed during the event. These agreements involved 232.0 billion yuan of foreign capital, 60.2 billion yuan of foreign investment, and 240.5 billion yuan of regional cooperation.
For more information about China International Fair for Investment & Trade (CIFIT), please visit here