NE China Province, ROK Small Firms to Boost Cooperation

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Last updated at: (Beijing Time) Monday, July 22, 2002

NE China Province, ROK Small Firms to Boost Cooperation

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The Liaoning provincial government in northeast China has signed an agreement in Dalian, a port city in the province, on cooperation with the small businesses association of the Republic of Korea (ROK).

Under the recent agreement, the two sides will promote trade and economic cooperation, information exchanges and transferring industrial products.

The ROK association will encourage its 200 member firms to invest in Liaoning and set up an industrial park in Shenyang, the provincial capital, for small and IT businesses from the neighboring country.

It will also help Liaoning-based companies visit ROK and seek investment.

The agreement would boost the development of the province's economy, Liaoning Governor Bo Xilai said at the signing ceremony.

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