中文|한국어|日本語
News Hotline:0531-85876663
点击这里给我发消息

Qingdao boosts economic cooperation with South Korea

2015/9/16 13:52:54   source:sdchina.com

  At the press conference of the coverage activity in Qingdao, Guojian, deputy head of Qingdao Bureau of Commerce introduced the trade and economic communication with South Korea as well as the work Qingdao has done in the construction of the China-Korea local economic cooperation demonstration zone under the China-Korea FTA. He pointed out that Qingdao boasts favorable natural advantages to cooperate with South Korea, taking the opportunity of China-Korea FTA, Qingdao will deepen the economic relation with South Korea to achieve a total volume of import and export of 20 billion dollars by 2020.

  The Chinese and South Korean governments signed the China-South Korea Free Trade Agreement on June 1, 2015. To seize the historic opportunity, Qingdao innovates the cooperation model and has successively signed economic cooperation agreement with Korean Pusan city and Daejeon city, promoting the local economic cooperation between China and South Korea. A series of substantial economic and trade cooperation have been conducted in exhibition, park construction, port logistics, technical research and development, energy conservation and environment protection as well as finance.

  Korea Housing Corporation has signed with Qingdao city to build new complex city in the China-S Korea Creative Industrial Park, according to Guo Jian. Qingdao is making great effort to list the Park as a key cooperative industrial park between the Chinese government and the South Korean government to promote the cooperation between Qingdao and South Korea to a new high.

  In July, Qingdao city was approved to pilot cross-border yuan loans by Korean banking institutions to enterprises in Qingdao Wealth Management Reform Pilot Zone. In one month, Qingdao-based enterprises have obtained a loan of three billion yuan from Korean banks and the interest rate is greatly reduced.

Related Stories

Photos

Sponsor:Information Office of Shandong Provincial People’s Government