About Chungnam
News
Find an exit from the economic crisis from the New Northern Initiatives.
2020.01.03(금) 14:33:35 | CNnews (
chungnamdo@korea.kr)
Guangdong: Attracted USD100M in new investments
Liaoning: Proposal to launch cargo
/ passenger ships
Jilin: Relationship upgrade through ‘sister city relationship’
Heilongjiang: Expansion of
private sector & cultural exchanges
In response to the government's New Northern Policy, Chungnam strives to attract more investments from China and increase exchange and cooperation with local governments in China. For five days from August 19-23, a Chungnam provincial delegation visited Guangdong Province and three northeast provinces such as Liaoning, Jilin, and Heilongjiang to attract investments and expand foreign exchange and cooperation with local governments in the country. The three northeast provinces that the delegation paid a visit to from August 20-23 is a point of contact of Korea’s New Northern Policy and China’s Belt and Road Initiative. Chungnam has kept close relationship with them.
Exchange between local governments is an opportunity for them to further expand the foundation for mutual win-win and prosperity based on their own characteristics and advantages. The delegation was accompanied by a group of businesspeople from 29 companies doing business in the province, who had opportunities to meet their potential buyers and promote their products at prearranged business meetings. That was designed to support SMEs operating in the province that are facing difficulties in importing raw materials and expanding exports due to Japan’s recent export restrictions on top of the international economic crisis.
On the first day in China, the delegation signed a USD100 million investment agreement with CGN Daesan Power (CEO Zhang Qibo). CGN Daesan Power is a subsidiary of CGNPC, a Chinese state-owned company that has been building an LNG power plant on a land of 184,308m² in Seosan Daesan Petrochemical Complex (Daesan Complex) since 2013. The agreement is based on CGNPC's decision to increase the land area of the Daesan Complex LNG Power Plant by 18,800m² and expand the plant's generation capacity.
On the second day, the delegation moved to the three northeast provinces and succeeded in remarkably expanding the scope of exchange and cooperation with Chungnam. On the 20th, the delegation met with the governor of Liaoning Province Tang Yijun and proposed to continue expanding cooperation and exchange between the two provinces for common prosperity in the following areas: (1) Exchange at the city/county level, (2) Cargo and passenger ship service between the two provinces, and (3) Increased participation in international events held in Chungnam like Korean-Chinese Local Government Exchange Conference and Confucianism Forum.
On August 21st, the delegation met with Governor Jing Junhai of Jilin Province and signed a sisterhood agreement. In line with the upgrade of the relationship between the two provinces from friendly to sisterhood relations, the two provinces will promote exchange and cooperation of various forms in a variety of areas such as economy, trade, agriculture, science and technology, environmental protection, culture, education, sports, hygiene, and human resources as a way to pursue common prosperity and development. On the 22nd, the delegation paid a visit to Heilongjiang Province with which Chungnam has had a total of 58 meetings and discussed issues with Governor Wang Wentao.
Liaoning: Proposal to launch cargo
/ passenger ships
Jilin: Relationship upgrade through ‘sister city relationship’
Heilongjiang: Expansion of
private sector & cultural exchanges
In response to the government's New Northern Policy, Chungnam strives to attract more investments from China and increase exchange and cooperation with local governments in China. For five days from August 19-23, a Chungnam provincial delegation visited Guangdong Province and three northeast provinces such as Liaoning, Jilin, and Heilongjiang to attract investments and expand foreign exchange and cooperation with local governments in the country. The three northeast provinces that the delegation paid a visit to from August 20-23 is a point of contact of Korea’s New Northern Policy and China’s Belt and Road Initiative. Chungnam has kept close relationship with them.
Exchange between local governments is an opportunity for them to further expand the foundation for mutual win-win and prosperity based on their own characteristics and advantages. The delegation was accompanied by a group of businesspeople from 29 companies doing business in the province, who had opportunities to meet their potential buyers and promote their products at prearranged business meetings. That was designed to support SMEs operating in the province that are facing difficulties in importing raw materials and expanding exports due to Japan’s recent export restrictions on top of the international economic crisis.
On the first day in China, the delegation signed a USD100 million investment agreement with CGN Daesan Power (CEO Zhang Qibo). CGN Daesan Power is a subsidiary of CGNPC, a Chinese state-owned company that has been building an LNG power plant on a land of 184,308m² in Seosan Daesan Petrochemical Complex (Daesan Complex) since 2013. The agreement is based on CGNPC's decision to increase the land area of the Daesan Complex LNG Power Plant by 18,800m² and expand the plant's generation capacity.
On the second day, the delegation moved to the three northeast provinces and succeeded in remarkably expanding the scope of exchange and cooperation with Chungnam. On the 20th, the delegation met with the governor of Liaoning Province Tang Yijun and proposed to continue expanding cooperation and exchange between the two provinces for common prosperity in the following areas: (1) Exchange at the city/county level, (2) Cargo and passenger ship service between the two provinces, and (3) Increased participation in international events held in Chungnam like Korean-Chinese Local Government Exchange Conference and Confucianism Forum.
On August 21st, the delegation met with Governor Jing Junhai of Jilin Province and signed a sisterhood agreement. In line with the upgrade of the relationship between the two provinces from friendly to sisterhood relations, the two provinces will promote exchange and cooperation of various forms in a variety of areas such as economy, trade, agriculture, science and technology, environmental protection, culture, education, sports, hygiene, and human resources as a way to pursue common prosperity and development. On the 22nd, the delegation paid a visit to Heilongjiang Province with which Chungnam has had a total of 58 meetings and discussed issues with Governor Wang Wentao.
