The 2019 CIFIT is pronounced a success. Organizers say it led to the signing of 2,100 investment projects worth 559.15 billion yuan ($78.89 billion) and drew the attendance of more than 100,000 representatives from 1,008 industrial and commercial associations. [Photo/WeChat account: xiamenribao]

The 2019 China International Fair for Investment and Trade & the Belt and Road Investment Congress, or the 2019 CIFIT, concluded on Sept 11 in Xiamen, Fujian province and was a huge success, according to its organizers.

The event attracted more than 100,000 representatives from 1,008 industrial and commercial associations in 130 countries and regions, during which over 650 guests from 72 countries and regions shared their ideas with 40,000 listeners at 105 various forums.

More than 300 multinational corporations attended the event, including Coca Cola, Qualcomm, ABB, Bayer and a raft of other Global Fortune 500 companies.

A total of 2,100 investment agreements were reached at the 2019 CIFIT with a total contracted investment coming in at a staggering 559.15 billion yuan ($78.89 billion).

Of these, inbound investment totaled 266.06 billion yuan, outbound investment amounted to 71.23 billion yuan and regional cooperation investment hit 195.36 billion yuan.

The event allocated 130,000 square meters and 6,000 stands in pavilions featuring investment, industrial investment promotions and trade between countries along the Silk Road route. It welcomed 50 countries and regions, including its respective guest country and province of honor – Serbia and Shanxi -- as well as more than 1,500 companies from home and abroad.

Organizers said that as the most influential mutual investment promotion platform in the world, CIFIT is the best occasion to introduce investment policies and brief important people on the local investment climate and on promising investment projects.

Beijing, Shanxi, Hubei, Chengdu, Yunnan, Guangdong and other provinces -- as well as 10 overseas countries and regions -- organized conferences to give briefings on their investment environment.