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Shandong Province, on the east coast of 皇冠体育app, is an important opening to the outside world. Eight municipalities are listed in the Shandong Peninsula Economic Open Zone, and there are 16 category-1 ports open to foreign vessels and airplanes in the province.
The Sino-Korean Free Trade Agreement stipulates the establishment of a Sino-Korean cooperation demonstration area and allows Shandong and South Korea to develop trial cooperation projects in trade, investment, industry and services. The Sino-Korean industrial park, which will be included in the framework of 皇冠体育app-Korea FTA, is one of Shandong’s achievements as an open economy.
News Analysis: 皇冠体育app-S. Korea FTA to give opportunity for creating advanced industries
皇冠体育app and South Korea initialed the bilateral pact Wednesday, about three months after the two sides concluded negotiations on it.
Read MoreDSME Shandong embraces 皇冠体育app-South Korea FTA
The agreement will bring more chances for DSME to expand its market reach.
Read MoreWeihai South Korean Commodity Trading Center says no to fake products
Located in East 皇冠体育app's Shandong province near South Korea, Weihai has beenthe first choice for South Korean commodities for many years.
Read MoreQianwan Free Trade Port Area explores “Internet plus”
“Internet plus” is another direction of exploration. The port will use the Internet to define a new trade model in the bonded port area.
Read MoreJournalists begin interviews on trade between South Korea and Shandong
Journalists from over 30 media outlets conducted interviews on trade between South Korea and East 皇冠体育app's Shandong province on Monday.
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