--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates


Hot Links
China Development Gateway
Chinese Embassies


Over 4,500 ROK Companies Invest in East China Coastal City

More than 4,500 companies from the Republic of Korea (ROK) had made investments in Qingdao, one of east China's coastal cities, by the end of September, said Jong-Sun Park, ROK consul-general to Qingdao Saturday.

 

There are a total of 45,000 ROK people living in Qingdao, accounting for 80 percent of all foreigners in the city, the diplomat told the Sino-Foreign Enterprise Culture Qingdao Summit 2003.

 

Although ROK companies' total foreign investment shrank by 9 percent in the first three quarters of this year, the part going to China increased by 70 percent, of which Qingdao took one-third.

 

"Qingdao and the ROK have similar geographic and climatic conditions, similar cultural backgrounds, and even similar agricultural products and seafood," said Park. "All these things make the ROK people very happy to live here, and willing to investin the city."

 

Located on the southern coast of the Shandong Peninsula, Qingdao faces the ROK across the sea, and both sea and air links are very convenient.

 

To meet the demand of talented people for China-ROK exchanges, 13 universities in Shandong, including two major universities in Qingdao, teach the Korean language, and many ROK students come to study in Qingdao for future work.

 

(Xinhua News Agency November 30, 2003)

 

 

Vice Premier Urges Better Economic Cooperation Among China, Japan, ROK
ROK Becomes Top Investor in Shandong
China Has 293 Sister Cities with Japan, ROK
Chinese President: Sino-ROK Relations Will Develop
Qingdao: An Oceanic City
China's Largest Shipyard Under Construction in Qingdao
Qingdao Keeps Momentum in Absorbing Overseas Fund
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688