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China’s roll forming first overseas investment fair to be held in Nov
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China’s first overseas investment fair to be held in NovPublished: 06 Apr 2009 22:59:29 PSTApr. 7, 2009 (China Knowledge) – China will hold the first China Overseas Investment Fair from November 3 to November 4 at the China World Trade Center to help Chinese firms to invest overseas, the official Xinhua News Agency reported.The organizer, the China Industrial Overseas Development & Planning Association (CIODPA), an organization under the country’s top planning agency, the National Development and Reform Commission (NDRC), says it will invite Chinese and foreign government officials, international industrial and commercial leaders, chambers of commerce, companies and professional service agencies such as accounting and law firms. The initial preparation work for the fair has been completed, according to a statement published by CIODPA last month.China, which had a forex reserve of US$1.95 trillion at the end of last year, plans to employ more of its abundant foreign exchange reserves to aid importers and Chinese companies investing overseas, according to an earlier report from China Knowledge.In 2008, China’s direct overseas investment surged 96.7% from a year earlier to US$52.15 billion, according to statistics from the Ministry of Commerce (MOC).Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News芦荟 古镇 网络电话 深圳搬家公司 miniature bearings 搅拌机 激光切割机 外国為替 kitchen accessories