The Ministry of Commerce, the United Nations Conference on Trade and Development and the Organizing Committee of the 14th CIFIT jointly held a press conference on the 2nd World Investment Forum (WIF) and the 14th China International Fair for Investment & Trade (CIFIT) jointly held in Beijing On February 24. Wang Chao, Assistant Minister of Commerce, and Liu Cigui, Mayor of Xiamen and Deputy Director of the Organizing Committee, attended the conference and answered reporters' questions.
According to Wang Chao, the CIFIT, hosted by China, is a large-scale international gathering aiming at promotion of two-way investment and it is also an important window for China's opening-up. With 14 years of development, scale of CIFIT is growing constantly with more and more activities and its popularity and influence in the international society is enhancing. In the past 14 years, it gained great achievements. Taking the theme of "Bringing in" and "Going global" as usual, the 14th CIFIT, around the opportunities and challenges of the economic recovery in the post-crisis time, will provide businessmen from home and abroad with a platform for communications, cooperation and seeking opportunities together by information release and discussion, exhibition, and matchmaking talks. And the content of exhibition, matchmaking talks and discussion will be more rich and pragmatic this year. Particularly in matchmaking talks, the special projects will be promoted as the focus. Additionally, the functions of this CIFIT as the platform and window for foreign changes will be further highlighted.
As the brightest spot of the 14th CIFIT, the 2nd WIF approved by the State Council will be staged to coincide with the 14th CIFIT in Xiamen. The 2nd WIF will take the "Investment and Sustainable Development: Opportunities, Challenges and Election of Policies in the new period" as the theme. Held during the forum, the Global Investment Summit, as the theme of "Promoting the Balanced and Sustainable Development by Full use of Foreign Investment", will invite national leaders and CEO of multinational enterprises all around the world. Besides, more than 10 international high-end activities will be held at that time, including the Ministerial Round-Table Conference, the Annual Meeting of the International Investment Agreements and the Forum on Global Sustainable Development of the Securities Exchanges in 2010.
Wang Chao stated the brief statistics on China's attracting foreign capital and foreign investment cooperation. He said that the actual use of foreign capital in 2009 only decreased by 2.6% to US$ 90.03 billion, ranking the second beyond Britain and France in the world instead of the eighth in 2008. And from August of 2009, the actual use of foreign capital kept growth for six consecutive months, which proved that a series of measures and policies taken by the Chinese government obtained the actual effect. Facing the changeful economic situation, the Chinese government will continue adhering to actively and effectively long-term strategy of utilizing foreign capital and combining bringing in foreign capital with enhancing the independent innovation, optimizing domestic industries' structure and promoting regional coordinative development. Although the international financial crisis caused that the global FDI flow slew down and the economic situation was serious and complex last year, our "Going global" business realized the growth. In 2009, the non-financial foreign direct investment (FDI) amounted to US$43.3 billion, up by 6.5% year on year, the turnover of foreign contracted projects reached US$ 77.7 billion, up by 37.3%, and the turnover of overseas labor cooperation reached US$ 8.91 billion, up by 10.6% year on year. The number of overseas labor of all kinds was 395,000. In addition, the Chinese government will continue encouraging and supporting China's enterprises to invest overseas and develop the foreign investment cooperation.
Liu Cigui gave a brief introduction of the new situation, new characteristics and the process of the preparation work of the 2nd WIF and the 14th CIFIT.
According to Wang Chao, the CIFIT, hosted by China, is a large-scale international gathering aiming at promotion of two-way investment and it is also an important window for China's opening-up. With 14 years of development, scale of CIFIT is growing constantly with more and more activities and its popularity and influence in the international society is enhancing. In the past 14 years, it gained great achievements. Taking the theme of "Bringing in" and "Going global" as usual, the 14th CIFIT, around the opportunities and challenges of the economic recovery in the post-crisis time, will provide businessmen from home and abroad with a platform for communications, cooperation and seeking opportunities together by information release and discussion, exhibition, and matchmaking talks. And the content of exhibition, matchmaking talks and discussion will be more rich and pragmatic this year. Particularly in matchmaking talks, the special projects will be promoted as the focus. Additionally, the functions of this CIFIT as the platform and window for foreign changes will be further highlighted.
As the brightest spot of the 14th CIFIT, the 2nd WIF approved by the State Council will be staged to coincide with the 14th CIFIT in Xiamen. The 2nd WIF will take the "Investment and Sustainable Development: Opportunities, Challenges and Election of Policies in the new period" as the theme. Held during the forum, the Global Investment Summit, as the theme of "Promoting the Balanced and Sustainable Development by Full use of Foreign Investment", will invite national leaders and CEO of multinational enterprises all around the world. Besides, more than 10 international high-end activities will be held at that time, including the Ministerial Round-Table Conference, the Annual Meeting of the International Investment Agreements and the Forum on Global Sustainable Development of the Securities Exchanges in 2010.
Wang Chao stated the brief statistics on China's attracting foreign capital and foreign investment cooperation. He said that the actual use of foreign capital in 2009 only decreased by 2.6% to US$ 90.03 billion, ranking the second beyond Britain and France in the world instead of the eighth in 2008. And from August of 2009, the actual use of foreign capital kept growth for six consecutive months, which proved that a series of measures and policies taken by the Chinese government obtained the actual effect. Facing the changeful economic situation, the Chinese government will continue adhering to actively and effectively long-term strategy of utilizing foreign capital and combining bringing in foreign capital with enhancing the independent innovation, optimizing domestic industries' structure and promoting regional coordinative development. Although the international financial crisis caused that the global FDI flow slew down and the economic situation was serious and complex last year, our "Going global" business realized the growth. In 2009, the non-financial foreign direct investment (FDI) amounted to US$43.3 billion, up by 6.5% year on year, the turnover of foreign contracted projects reached US$ 77.7 billion, up by 37.3%, and the turnover of overseas labor cooperation reached US$ 8.91 billion, up by 10.6% year on year. The number of overseas labor of all kinds was 395,000. In addition, the Chinese government will continue encouraging and supporting China's enterprises to invest overseas and develop the foreign investment cooperation.
Liu Cigui gave a brief introduction of the new situation, new characteristics and the process of the preparation work of the 2nd WIF and the 14th CIFIT.
