Changwon-si, Gyeongnam Hosts '2020 Korea-World Chamber of Commerce Business Week'

President Moon Jae-in Also Sends Congratulations via Video

Changwon City, Gyeongnam is hosting the 'Korea-World Chamber of Commerce Business Week.'

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Sharon] The ‘2020 Han-World Chinese Business Week,’ jointly hosted by Changwon City, Gyeongsangnam-do, the Korea Chinese Chamber of Commerce and Industry, and the Korea Bu-Ul-Gyeong Chinese Chamber of Commerce and Industry, began its three-day schedule on the 12th.

The ‘Han-World Chinese Business Week’ is a B2B exchange event aimed at forming relationships (networks) and expanding trade between Hwaseong (華商) companies, which possess strong economic power and market dominance especially in the Southeast Asian market worldwide, and Korean companies. This is the first time Hwaseong and domestic companies have met in Korea.

The event is held online due to the novel coronavirus infection (COVID-19). The online promotional platform ‘Oasis’ and the industry-specific corporate exhibition platform ‘KWCE.NET’ serve as venues for one-on-one exchanges between Hwaseong companies and domestic companies.

Domestic companies participating include large corporations such as Doosan Heavy Industries & Construction, LG Electronics, LG Uplus, Hyundai Rotem, and SK Telecom, as well as Brand K companies, global small and strong enterprises, and startups, totaling 477 companies.

On the Hwaseong side, presidents of Chinese Chambers of Commerce from 10 major Southeast Asian countries including Singapore, Thailand, and Malaysia attended in large numbers, and over 1,000 Hwaseong companies worldwide, including Thailand’s representative company CP Group, participated.

Moreover, promising industries such as future mobility, renewable energy, industrial machinery, aviation, electrical and electronic products, information and communication technology (ICT), food, consumer goods, finance, cultural contents, and tourism were all covered.

This event is sponsored by the New Southern Policy Special Committee and the Ministry of SMEs and Startups, linking the government’s ‘New Southern Policy’ and Korea’s representative joint brand (‘Brand K’). In this regard, President Moon Jae-in also sent congratulatory remarks via video, indicating the government’s high expectations.

Governor Kim Kyung-soo, in his welcoming speech, said, “I hope this Han-Hwaseong Business Week will be a good meeting to understand the path manufacturing should take and to unite and cooperate to turn this crisis into an opportunity,” and added, “We will provide wholehearted support to Hwaseong companies visiting our Gyeongnam.”

This content was produced with the assistance of AI translation services.