The annual China International Fair for Investment and Trade, opening on Sunday in Xiamen, Fujian province, is poised to be a "world investment convention", said the event's organizer.

Wang Qiongwen, director of the Xiamen Bureau of Convention and Exhibition Affairs, said this year's CIFIT is set to become a grand international gathering focusing particularly on investment with stronger international attendance.

It opens at a time when a rising number of Chinese investors are seeking overseas projects in not only less-developed regions, but also the world's major economies including West Europe and North America.