Martial Arts, Korea-China Shandong Province Economic and Trade Cooperation Exchange Meeting Held Online

[Asia Economy Reporter Suyeon Woo] On the 9th, the Korea International Trade Association (KITA) held the "4th Korea-Shandong Province Economic and Trade Cooperation Exchange" online together with the Ministry of Trade, Industry and Energy and the People's Government of Shandong Province, China.

The exchange was held in conjunction with the 1st Korea-Shandong Province Imported Goods Expo, which Shandong Province is hosting to expand trade with Korea.

Lee Gwan-seop, Vice Chairman of KITA, said in a video congratulatory message, "In a situation where direct meetings are difficult due to COVID-19, I hope this exchange will be a good opportunity for both countries to share ideas for future growth and cooperation and strengthen partnerships."

At the "4th Korea-Shandong Province Economic and Trade Cooperation Exchange" held by the Korea International Trade Association on the 9th, Lee Gwan-seop, Vice Chairman of the Trade Association, delivered the opening remarks via video. Photo by Korea International Trade Association

At the forum, Han Kwang-seok, Director of the China Research Center at the Korea Maritime Institute, stated, "Shandong Province, located at a strategic point connecting Korea and China, is a large-scale logistics hub with 300 container routes and 10 airports. Cooperation between Korea and Shandong can function as a complex logistics bridge connecting Korea-China-Europe," and presented cooperation plans in the logistics sector between the two countries.

Jiang Yingsong, Deputy Director of the Yantai City Commerce Bureau in China, said, "Yantai City is making great efforts for the mutual development of Korea and Shandong Province, including establishing the 'Korea-China Startup Innovation Cooperation Center.' We will spare no support to make the Yantai Industrial Complex a new base for Korea-China development."

Meanwhile, at the consultation meeting held alongside the exchange, about 100 Korean export companies and 40 Chinese buyers participated and conducted consultations online.

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