Xiamen investment promotion event attracts Beijing companies
Many Beijing companies expressed their intention to invest in Xiamen, Fujian province, after attending the Xiamen Investment Climate Promotion Meeting, held in the capital on July 28.
The event was co-hosted by the Xiamen municipal bureau of commerce and the Beijing Liaison Office of Xiamen, and was designed to promote Xiamen's good investment climate, push forward the projects under discussion, and attract more companies to invest in Xiamen.
Fifty-six companies, including Sany Group, China Everbright Bank, Beijing Enlight Media Co and Lead Eastern Investment Co, and 86 guests attended the meeting.
Officials from Xiamen municipal government introduced the development of Xiamen's industry and services sectors, business-friendly policies, and the investment climate in two new cities in Xiamen during the promotion.
Several Xiamen government agencies also enhanced their cooperation on a number of important projects with Beijing companies including China Sports Market Forum, Kingland Group, and Beijing Institute of Collaborative Innovation.
Institutions such as the Beijing-Fujian Enterprises General Chamber of Commerce and Beijing-Xiamen Chamber of Commerce agreed further investment and cooperation deals.
Why Xiamen
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Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.