Economic Exchange Hub for Korea-China-Japan in the Pan Yellow Sea Region Opens in Busan... The 20th Pan Yellow Sea Economic and Technology Exchange Conference Held

On the 25th at 3 PM, Lotte Hotel Busan, over 300 officials and businesspeople from Korea, China, and Japan attended

Busan City promotes Expo 2030 Busan... Requests interest and support from Chinese and Japanese attendees

The 20th Pan-Yellow Sea Economic and Technology Exchange Conference held in Busan, hosted by the Ministry of Trade, Industry and Energy.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] On the afternoon of the 25th at 3 PM, the ‘20th Pan-Huanghae Economic and Technology Exchange Conference’ was held at Lotte Hotel Busan.

The ‘Pan-Huanghae Economic and Technology Exchange Conference’ has been hosted annually on a rotating basis by the governments of Korea, China, and Japan since 2001, following the ‘ASEAN+3 Summit Agreement’ in 2000, to promote economic exchanges among Korea, China, and Japan centered on the Pan-Huanghae region.

This year’s 20th conference was hosted by the Ministry of Trade, Industry and Energy and held in Busan. The reason for holding the conference in Busan was a result of the city’s continuous consultations with the government and the Korea-Japan Economic Association since last November to promote the bid for the 2030 Busan World Expo and to expand economic exchange and cooperation among Korea, China, and Japan.

At the conference, more than 300 officials from the industrial departments and businesspeople from the three countries?China’s eight local governments (Beijing, Tianjin, Guangdong Province, Shandong Province, Jiangsu Province, Liaoning Province, Hebei Province, Jilin Province), Japan’s Kyushu and Fukuoka?participated both online and offline.

Under the theme of ‘Promotion of Interregional Exchange,’ various cooperation measures among the three countries were discussed in the fields of ‘economy and technology’ and ‘regional exchange.’

In the ‘economy and technology’ sector, 10 institutions and companies including the Korea Institute for Industrial Economics and Trade, China’s Changchun International Cooperation Pilot Zone, and Japan’s Kurinka presented cooperation plans on joint challenges faced by the three countries such as supply chain cooperation, carbon neutrality technology, and artificial intelligence technology.

Regions participating in the Pan-Yellow Sea Economic and Technology Exchange Meeting.

In the ‘regional exchange’ sector, seven institutions including Busan City in Korea, Jiangsu Province, Guangdong Province, Shandong Province in China, and the Kyushu Economic Federation in Japan proposed measures to revitalize cooperation among the three countries through each region amid the industrial transformation era.

In particular, Busan City promoted the plan for the 2030 Busan World Expo, which is making every effort to win the bid under the theme ‘Global Transformation, Voyage Toward a Better Future,’ and requested much interest and support from the Chinese and Japanese participants.

At the conference, Shin Jaehyun, the city’s ambassador for international relations, said in his welcoming remarks, “We expect that Korea, China, and Japan will play an important role and contribute to achieving prosperity and development not only in Northeast Asia but also in the Asia-Pacific region and beyond to the entire world.”

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