South Korea will host an international convention attended by Chinese entrepreneurs all over the world next week as part of its efforts to forge closer ties between South Koreans and Chinese entrepreneurs, the convention's organizer said Thursday.

The 8th World Chinese Entrepreneur Convention (WCEC), which is to be held from Oct. 10 to 12 in Seoul, is expected to bring together 3,000 South Korean and Chinese entrepreneurs from 29 countries and regions, according to a reporting material issued by the South Korean Ministry of Commerce, Industry and Energy (MOCIE).

The biannual event was firstly held in Singapore in 1991, aiming to strengthen cooperation among Chinese business people across the world.

The MOCIE, one of the organizers and key supporters of the convention, said in the reporting material that the WCEC will offer various programs and chances to promote business relations between local and Chinese entrepreneurs.

The programs include information technology, biotech and culture and technology forums.

The ministry also said 150 Chinese and 600 South Koreans, among the registered, are expected to negotiate business deals on the sidelines of the convention.

The organizer also hopes the convention will provide opportunity for Chinese business people around the world to know South Korean market, and then make investment here.

According to the ministry, prominent participants in the gathering are to include Huang Mengfu, chairman of the Association of Chinese Industry and Commerce, Ian Fok Chun-wan, chairman of the Hong Kong Chinese General Chamber of Commerce, Liu Chuanzhi, chairman of Legend Holdings Ltd. and Chen Xianglin, head of Shanghai Automotive Industry Corp.

Source: Xinhua