"The 18th China International Fair for Investment and Trade (CIFIT)" will open, so Xiamen’s local government issued a notice to limit the highest hotel room prices.

"The 18th China International Fair for Investment and Trade (CIFIT)" will open in September 8th. Xiamen's local government issued a notice to limit the highest hotel room prices from September 7th to 9th.

According to the notice, the ceiling price of five-star hotel standard room is 880 yuan per room a day. The price of per standard room in four -star hotel cannot exceed 780 yuan a day. The highest price of three-star hotel standard room cannot exceed 650 yuan per room a day. Per room of two-star hotel standard room can only price below 380 yuan a day.

CIFIT

The China International Fair for Investment and Trade (CIFIT), approved by the State Council of the People's Republic of China, takes place in September every year in Xiamen, China. Themed on "Introducing FDI" and "Going Global", CIFIT focuses on nationality and internationality, investment negotiation and investment policy promotion, coordinated development of national and regional economy, as well as economic and trade exchanges across the Taiwan Strait.