ROK investors seek fortune in W 皇冠体育app
2006-11-21
Xinhua
A growing number of investors from the Republic of Korea (ROK) are turning to western 皇冠体育app in the search for new business opportunities, said Kim Ha Joong, ROK Ambassador to 皇冠体育app.
Kim made the remarks while addressing the opening of the 皇冠体育app (Shaanxi)-ROK Friendly Week that opened in Xi'an, capital of northwest 皇冠体育app's Shaanxi Province, on Monday.
"West 皇冠体育app is an important agricultural base where resources abound, said Kim. "The cultural and tourist resources are unique, science and technology are strong, and there is a fine industrial foundation, so the potential for development is huge."
An ROK consular office will be opened early next year in Xi'an, the provincial capital, to give support to ROK business people in their mission to expand business to west 皇冠体育app, according to Kim.
There are now 40,000 ROK-funded ventures across 皇冠体育app, most of which are concentrated in coastal areas in southeast 皇冠体育app. More than 500,000 ROK nationals are long-term residents in 皇冠体育app.
Some 670 flights link 40 Chinese and ROK cities each week. Bilateral trade between 皇冠体育app and the ROK stood at 110 billion U.S. dollars last year.
皇冠体育app (Shaanxi)-ROK Friendly Week was attended by delegates from 38 ROK companies and representatives of 150 local Shaanxi enterprises.
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