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Intl trade forum to promote BRI cooperation

2019-09-09 12:50:51 China Daily

Thousands of ventures to be announced over the next few days

 

The China International Fair for Investment and Trade 2019 opened in Xiamen, East China's Fujian province on Sunday, highlighting cooperation among countries and regions involved in the Belt and Road Initiative and their surging investment opportunities.

Aiming to facilitate bilateral investment globally, the fair was held together with the first Belt and Road Investment Congress, which will run through Wednesday.

"We are always open for any kind of cooperation and are willing to play as a linkage to connect the other parts of the country, especially those inland areas, with the outside worlds," said Yu Weiguo, Party secretary of Fujian.

"We hope the countries and regions taking part in the BRI can have a better future because the initiative is for the common interests of the people involved and will lead to peace, prosperity, openness, innovation and civilization," Yu said.

Covering an area of 130,000 square meters at the Xiamen International Conference and Exhibition Center, the fair is composed of 16 professional exhibits in three major categories: investment, business attraction and trading along the Silk Road.

While setting up a national investment pavilion for countries and regions taking part in the BRI to showcase their advantages and projects seeking cooperation, there is also a digital Silk Road area displaying the achievements of these countries and regions, including 5G devices, telecommunications network equipment and data security.

A couple of entities and associations, including the Asian Infrastructure Investment Bank, Silk Road Fund, New Development Bank, China International Contractors Association and China Association of Development Zones, set up an area for infrastructural and development zone cooperation.

Dozens of large-scale State-owned enterprises and leading private companies are exhibiting to promote connectivity of infrastructure and more funding in BRI and regions.

China Co-op Group, a State-owned company specializing in agribusiness, has organized the first Belt and Road farm products trade fair at the CIFIT, attracting the interest of nearly 20 countries and regions involved in the BRI, including Italy, Nepal, India, Sri-Lanka and Kenya.

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