Total of 277 Chinese investment projects successfully implemented worth approximately $2.36B

Over the last five years, a total of 277 Chinese investment projects were successfully implemented worth approximately $2.36 billion.

This was highlighted by Minister for Industry, Trade and Tourism Premila Kumar while speaking at the China (Guangzhou) ‑ Fiji Business Dinner at GPH.

She says that over the past five years, average exports to China totaled $108.6 million whilst imports averaged $742.7 million while the total two‑way trade between Fiji and China reached its peak in 2018, amounting to $1.05 billion.

Kumar says in recent years, China has become Fiji’s most rapidly growing tourism market adding the Chinese annual arrivals in Fiji in the past five years, have grown from 28,333 visitors in 2014 to 49,271 in 2018, registering an increase of around 74%.

Kumar says though the numbers are small by Chinese standard, the trend is very encouraging particularly when Fiji’s tourism development strategy has been focusing on high‑end, high yield tourism, rather than mass tourism.

She also highlighted the number of direct flights from Hong Kong to Nadi has also increased from 2 to 5 per week.

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