The free trade area in Xiamen, which is part of the greater Free Trade Zone (FTZ) in Fujian province, organized an event to introduce investment opportunities deriving from the Belt and Road Initiative on Sept 9, as part of the 19th China International Fair for Investment and Trade.
The event lured dozens of business delegations from across the globe to attend.
At the event, the Xiamen FTZ administration sealed a deal with the Horgos economic development zone in Xinjiang Uygur autonomous region to enable comprehensive cooperation between the two sides in the fields of finance, transportation, logistics and trade.
The Xiamen FTZ also attracted a total of 41 cooperative projects to settle in there, involving a combined investment of 71.8 billion yuan ($11 billion) in the areas of aeronautical maintenance, international trade, professional services, education, health care, e-commerce, and fields related to the Internet Plus initiative.
Ni Chao, deputy mayor of Xiamen and director of the Xiamen free trade zone adminiatration at the event. [Photo from xmfo.gov.cn]
China has extended its 240-hour visa-free transit policy and Hainan's 30-day visa-free entry policy to citizens of Kyrgyzstan and Vietnam, the National Immigration Administration said on Aug 20.
