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Investment, Trade Fair Ends with $4.7 Billion Worth of Deals
The Fifth China Investment and Trade Fair ended in Xiamen Wednesday, clinching 1,027 deals worth US$4.79 billion in total overseas investment.
According to statistics released by the fair's organizing committee, 368 letters of intent were signed during the five-day fair, involving US$3.35 billion.
Industrial projects took the lion's share of the deals, and the number of high-tech industrial projects, real estate and tourism projects increased over the previous fair, said a spokesman for the organizing committee.
Most of the investment came from Hong Kong, Macao and Taiwan investors while the fair also witnessed increased investment from Europe and America.
Among the deals were 146 worth US$10 million each. They involved contracted overseas investment of US$3.28 billion out of a total investment of US$4.21 billion.
Export and import deals at the fair totaled US$750 million, including US$645 million in exports.
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