The first China Overseas Investment Fair would be held from November 3 to November 4, which aims to facilitate domestic companies to make overseas investment.

Hosted by China Industrial Overseas Development & Planning Association (CIODPA), an organization under the National Development and Reform Commission, the fair would convene in China World Trade Center, said the organizer.

Both Chinese and foreign government officials, international industrial and commercial leaders, chambers of commerce, companies and professional service agencies such as accounting and law firms would be invited, said CIODPA.

According to statistics from the Ministry of Commerce, China's direct overseas investment reached US$52.15 billion in 2008, up 96.7 percent year-on-year.

(Xinhua News Agency April 6, 2009)