PR98885

YANCHENG, China, Nov. 18, 2022 /Xinhua=KYODO JBN/--

On November 18, the opening ceremony of the 4th China-Korea Trade and

Investment Expo (CKTIE) and Jiangsu-Korea Economic and Trade Cooperation

Exchange was held at Yancheng International Conference Center with the theme of

"Smooth Cooperation for a Better Future". It invited more than 500 leaders and

guests, experts and scholars, business representatives who gathered in

Yancheng, Jiangsu Province to seek cooperation and development. A total of 21

projects were signed on site, with a total investment of 47.3 billion yuan,

according to the organizing committee of China-Korea Trade and Investment Expo.

For the first time, the opening ceremony of this year's Expo adopted a dual

venue model, setting up venues in Yancheng and Seoul for real-time live

broadcast, inviting relevant government agencies and Korean business

associations, as well as foreign envoys, multinational companies,

representatives of the world's top 500 companies, and media representatives to

attend the event.

This year's expo consists of 4 exhibition areas, including the China-Korea

Industrial Park Image Exhibition Area, Sister Cities and Trade Exhibition Area,

China-Korea Catering Area, and Outdoor Automobile Exhibition Area. Leading

Korean companies such as SK, MBS, and Kia, and famous enterprises such as

France's Faurecia, BYD, Tongwei, and South Korea's IA, also participated in the

exhibition.

In addition to the exhibition activities, there will be a Korean-style dining

experience at the China Korea Culture Hall, Korean-style activities, which

include Korean food, Korean costumes and Korean performances will be held at

KK-PARK. A photo exhibition on the 30th anniversary of Korean exchange and

Yancheng wetland scenery will be held at Yancheng International Convention

Center to fully enhance the experience of the event.

Yancheng has successfully held three sessions since 2019, with a total of

100,000 exhibitors, buyers and professional visitors, a trade turnover of about

$5.55 billion, 191 signed industrial projects, and a total investment of nearly

230 billion yuan. The success has created a dazzling road of China-Korea

economic and trade cooperation.

Source: The Organizing Committee of China-Korea Trade and Investment Expo

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   Caption: The opening ceremony