ULSAN < invest Korea

(ULSAN=NEWSIS)Ulsan City and Ulsan office of the Small and medium Business Corporation (SBC) announced November 14 that they will send a trade delegation to Xian and Chongqing from November 17 to 22 to support companies entering the Chinese market.

The SBC has selected eight companies including CNF KOREA Co., Ltd., Taekwang Co., Ltd. and Geumseong Metal Co., Ltd. after undergoing market research and feasibility study last August.

China’s Xian and Chongqing are the cities well-known for the large inflow of foreign investment as the foothold of the Western Development Project in China.

Xian, the hometown of China’s President Xi Jinping, is one of the promising markets in China for the next decade.

Chongqing, the largest city in China (population of 35 million), will be the home to the fourth plant of Hyundai Motor in China.

jhc@newsis.com