Xiamen hosts trade fair

More than 670 delegations from 100 countries and regions gathered Sunday in China's southeastern coastal city of Xiamen to attend the 17th China International Fair for Investment and Trade (CIFIT).

Among the participating groups, 250 are from developed countries and over 70 from emerging economies.

The fair, sponsored by China's Ministry of Commerce, aims to facilitate global investment flows through the hosting of bilateral and multilateral economic promotion activities.

The fair this year, which runs from Sunday to Wednesday, will feature topics such as global value chains, trade across the Taiwan Straits, and China's foreign direct investment.

For the first time, the World Trade Organization is co-sponsoring the CIFIT, and has organized a delegation to attend the investment forum during the fair.