The Pingtan Comprehensive Pilot Zone reached six deals worth 7.9 billion yuan ($1.2 billion) at the China International Fair for Investment and Trade (CIFIT) in Xiamen from Sept 8 to 11.

Merchants learn about Pingtan’s preferential policies for investors at the China International Fair for Investment and Trade (CIFIT) in Xiamen from Sept 8 to 11. [Photo/Xinhua]

The projects range from medical technology, cross-border e-commerce, finance, tourism, Internet and modern logistics.

CIFIT is a large investment event to attract foreign direct investment. About 50,000 travelling enterprises and merchants from over 100 countries and regions took part this year.

Many have shown strong interest in investing in Pingtan, an island county in Fujian province, as China is actively advocating its Road and Belt initiative with countries and regions along the land and maritime silk roads.

“We wish to push for e-commerce in Pingtan, taking advantage of its preferential policies and geographical position,” said a manager from an Indonesian company.