Highlights

The overseas and domestic agreements signed during this year's China International Fair for Investment and Trade highlights Haicang's strong performance in attracting investment.

A total of 67 domestic and foreign investment projects involving Haicang were signed during the fair, with investments totaling nearly $58 billion.

Among the many investment agreements are 17 foreign investment projects and of these nine are contracted foreign investment projects, the total for which amounted to $2.27 billion and $358 million, respectively.

The other 50 projects were signed with domestic traders, totaling $55.73 billion. As an important port in Xiamen city, more than 50 major routes terminate in Haicang.

The newly built railway connecting Haicang with Chengdu and Europe also enhances the port's transport strength. Besides transportation construction, the local government also seized the opportunity to promote industrial innovation amid the country's overarching economic climate.

Allowing those advantages full play, this year Haicang focused on port logistics, biomedicine, high-tech industry, intelligent household furnishings, high-end commerce, the financial industry and creative tourism.

Moreover, Haicang is also a major cooperating platform with Taiwan businesses.

There are 31 Taiwan industry parks for tourism, 50 Taiwan cultural brands, 100 local brands invested by Taiwan funds.

In addition, Haicang will further promote the construction of social facilities relating to education, medical services and the environment. The district has set the goal that in 2020 the total volume of import and export trade will reach $8.63 billion.

China Daily

(China Daily 09/09/2016 page11)