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Xiamen Trade Fair Sees 1,392 Contracts Signed
By 2 pm Monday afternoon, 1,392 projects had been reached at the Fifth China International Investment and Trade Fair (CIFIT) held in Xiamen, eastern China's Fujian Province, between September 8 and 12.

These projects involve a total investment of 11.1 billion US dollars, including 9.06 billion US dollars in foreign capital.

Of the total projects, 940 have been contracted, involving an investment of 4.8 billion US dollars, including 3.7 billion US dollars of foreign investment.

Statistics show that by noon Sunday, the trade fair had recorded a total export volume of 150 million US dollars, up 199 percent from the previous year.

(Xinhua News Agency 09/10/2001)

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