China News Service, Xiamen, September 11 (Zheng Jiangluo) On the 11th, the 26th China International Fair for Investment and Trade continued to be held in Xiamen. In the past few days, political and business figures from many countries have expressed their optimism at the CIFIT series of events that they are optimistic about the complementary advantages of Chinese and foreign industries and the prospects for two-way investment, and look forward to sharing development opportunities through high-level cooperation.
More than 1,200 government agencies and industrial and commercial enterprise groups from 129 countries and regions and 30 international organizations participated in the meeting, focusing on the theme of "expanding two-way investment and promoting global development" to jointly seek opportunities for two-way investment and cooperation.
Amedeo Teti, director of the Foreign Investment Promotion Department of the Italian Ministry of Enterprises and "Made in Italy", said in an interview during the meeting, "China has the world's top automobile manufacturing technology, and the Chinese side has brands such as BYD and Chery, and the Italian side has brands such as Ferrari and Maserati. The industrial fit between the two sides is extremely high."
He listed the automobile industry as an important direction for cooperation. He said that Italy welcomes Chinese investors to deepen their development and explore new opportunities for industrial cooperation, and looks forward to the two sides expanding cooperation in energy, electric vehicles and other fields to jointly promote development.
Wu Qiaowen, director of the UK Investment Office, pointed out that China already has world-leading capabilities in areas such as batteries, while the UK has significant advantages in innovative financing, project development, grid integration and professional services. Complementary advantages can create huge business opportunities. The UK opens its business door, welcomes Chinese investment, and supports innovation and employment.
For the first time, this conference innovatively established Finland and Saudi Arabia as “double guest countries”. Marco Tian, Minister Counselor of the Embassy of Finland in China, said that Fujian has a strong industrial foundation, abundant supply of factors and an excellent business environment, which complement Finland's industrial advantages in innovation and clean energy. He looks forward to deepening cooperation between Finland and China in fields such as medical health and clean energy.
Tian Marco said, "We look forward to in-depth exchanges with relevant Chinese partners in the fields of medical health, mechanical engineering, electrical equipment, mineral development, sports industry, cultural tourism and health care. We also hope that Chinese investors will come to Finland and radiate the European market through Finland."
Harry Sayadin, president of the American Chamber of Commerce in South China, believes that the transformation and upgrading of China's manufacturing industry has brought new opportunities to the world. In his view, the evolution of the CIFIT's own functions also reflects the changes in the form of cooperation. In the early days, it was mainly positioned to attract foreign investment into China. In the past decade or so, it has been continuously extended to serve Chinese companies going overseas. "The CIFIT is moving from 'one-way investment attraction' to 'two-way investment.'"
According to preliminary statistics from the Ministry of Commerce and the State Administration of Foreign Exchange, China's industry-wide overseas direct investment in 2025 will be 1.24558 billion yuan, a year-on-year increase of 7.4%. China and the world are constantly moving forward in both directions at the industrial and capital levels.
Son Chantto, Deputy Prime Minister of Cambodia and First Vice Chairman of the Development Council, said that China is Cambodia’s largest trading partner and source of foreign investment, and the two sides have extensive cooperation in manufacturing, culture, energy, tourism, infrastructure and other fields. He said that in the future, cooperation with China should be deepened and the development of investment cooperation between Cambodia and China should be promoted. (over)
