Korean-invested Enterprises Entering the China-ROK (Changchun) International Cooperation Demonstration Zone & the Signing Ceremony of Korean-invested Projects took place at the China-ROK City Pavilion in the Demonstration Zone. Eight Korean-invested projects, including those from Atomy and saponin fertilizer from Korea Advanced Institute of Science and Technology, were signed and introduced to the Demonstration Zone.

 

These signed projects focus on the biotechnology field, characterized by high technology, strong driving capabilities, and broad market prospects. They not only provide strong support for the industrial upgrading and innovative development of the Demonstration Zone but also add new highlights to the economic and trade cooperation between China and South Korea.

 

"To deepen cooperation, we have established an investment attraction office in South Korea, facilitating comprehensive exchanges and cooperation between the Demonstration Zone and South Korea into a 'honeymoon period'," said Yin Nan, head of the International Cooperation and Exchange Bureau of the Demonstration Zone. Next, the Demonstration Zone will continue to provide a first-class business environment that is market-oriented, law-based, and international for the development of Korean-invested enterprises, while offering comprehensive, full-process, and full-cycle services for project construction and enterprise development to ensure early commencement, completion, production, and achievement of results for the projects.

 

At the signing ceremony, Dongfang Global Group from South Korea invested USD 3 million in Jilin Xinxin Xiangrong Technology Development Co., Ltd., a new company in the Demonstration Zone, to establish a China-ROK joint venture company. Jilin Xinxin Xiangrong Technology Development Co., Ltd. owns two subsidiaries, Jilin Yuanshi Junxin Technology Innovation Co., Ltd. and Jilin Xiandai Zhongxin Technology Innovation Co., Ltd. The former plans to introduce the "Korean Original Microbial Strain" R&D and Production Technology Headquarters Project with an investment of approximately RMB 60 million and an expected annual output value of RMB 200 million. The latter is investing in Wanmi Technology's Potato Breeding Headquarters Project, with a planned investment of RMB 60 million and an expected annual output value of RMB 200 million.