The China International Fair for Investment and Trade (CIFTIS) is an important platform for China’s opening up and international investment promotion, providing special support and opportunities for foreign SMEs. The following are some of the special support policies and specific examples provided by CIFTIS for foreign SMEs.
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Specialized, Refined, New and High-quality SMEs Matchmaking Zone
CIFTIS has specially set up the “Invest in China·Specialized, Refined, New and High-quality SMEs Matchmaking Zone” to build a bridge between high-quality overseas SMEs and domestic specialized, refined, new and high-quality SMEs. For example, Germany’s Vitas Energy Company used this platform to showcase its latest achievements in the field of 1500Nm³/h alkaline electrolyzers, and looks forward to further industrial cooperation with China.
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Investment Service and Project Matchmaking Zone
In the Project Capital Matchmaking Pavilion, there is an investment service and project matchmaking zone to provide a full range of services for foreign SMEs. For example, the Yingqu Technology Hungarian Industrial Park, jointly funded by the Hungarian Weike Group and Xiamen Yingqu Technology Co., Ltd. of China, promoted the completion and commissioning ceremony of the first phase of the project at the Investment Fair, demonstrating the advantages of its high-end intelligent manufacturing industrial park.
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Leading China·Emerging Industry Theme Events
The “Leading China·Emerging Industry Cooperation Conference” and other special project matching activities held by the Investment Fair provide cooperation opportunities for foreign SMEs. For example, Bayer Group showcased its innovative products and indications, precise imaging diagnosis solutions in the fields of cardiovascular, tumor and women’s health at the Investment Fair, and shared the latest practices of open innovation and cooperation.
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Cloud Investment Fair
The “Cloud Investment Fair” platform provides foreign SMEs with opportunities for online display and matching. For example, the German entrepreneur delegation visited the “Invest in China” matching area of the Investment Fair to find cooperation opportunities.
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Financial Capital Matching Area
The “Invest in China-Financial Capital Matching Area”, which was first established at the Investment Fair, provides financial support for foreign SMEs. For example, Schneider Electric’s Xiamen Industrial Park project, with a total investment of about 1.2 billion yuan, is scheduled to be completed in 2025 and will become Schneider Electric’s largest medium-voltage production base in the world.
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International investment promotion series of activities
The international investment promotion activities held by the Investment Fair, such as investment promotion activities in key areas at home and abroad, provide opportunities for international cooperation for foreign-funded SMEs. For example, Hungary’s Wick Group said at the Investment Fair that China’s political and economic environment is stable, which gives multinational companies a “reassurance” and continues to increase their investment in China.
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Optimizing the business environment
The innovative practice cases of optimizing the business environment across the country released by the Investment Fair provide a better business environment for foreign-funded SMEs. For example, Bai Chenxi, senior director of Chinese government affairs at Bayer, said that China’s firm determination to reform and open up and its efforts to continuously expand opening up have given multinational companies great confidence in the Chinese market.
In summary, the Investment Fair provides opportunities and platforms for foreign-funded SMEs to enter the Chinese market through these special support policies. Foreign-funded SMEs can use these policies and activities to showcase their own advantages, find partners, obtain investment and financial support, and achieve rapid development in the Chinese market. The CIFIT is not only a platform for investment promotion, but also an important springboard for the international development of foreign-invested small and medium-sized enterprises.
