CIFIT expected to better promote two-way investments

Participants seen at the Guangzhou Promotion Symposium in Guangzhou, the Guangdong provincial capital, on Thursday. [Photo provided to China Daily]

The China International Fair for Investment and Trade is expected to be built into a landmark event under the "Invest in China" initiative and a key public platform to promote two-way investment, said a senior Chinese investment promotion official.

Scheduled to take place Sept 8-11 in the coastal city of Xiamen, East China's Fujian province, CIFIT plays an increasingly vital role in guiding global capital flows, stabilizing industrial and supply chains, and advancing international industrial investment cooperation, the official added.

Yu Guangsheng, deputy director general of the Investment Promotion Agency of the Ministry of Commerce, made the remarks about the 26th session of CIFIT at the Guangzhou Promotion Symposium in Guangzhou, the capital city of South China's Guangdong province, on Thursday.

More than 200 government officials, business executives and consular officers participated in the symposium.