Strengthening Korea-China Cooperation Through Private Sector Initiatives
The Innobiz Association announced on the 26th that it had signed a memorandum of understanding (MOU) with Shenzhen Huitong Global International Service on the 13th in Shenzhen, China.
The agreement includes: ▲ the establishment of a continuous exchange platform between innovative companies in Korea and China; ▲ strengthening cooperation in cutting-edge industries such as artificial intelligence (AI), biotechnology, and renewable energy; and ▲ hosting joint investment briefings and policy seminars.
On the 13th, participants are taking a commemorative photo at the Korea-China Innovation Forum seminar held in Shenzhen, China. Innobiz Association
The Innobiz Association has established a continuous support system for Korean companies seeking to enter the Chinese market, based on the 'GO GLOBAL' shared office in Shenzhen. Through this, comprehensive support is provided, including customized business spaces, connections with local government and business networks, and the provision of market and policy information. In addition, the association plans to strengthen business matching and support for Chinese innovative companies entering the Korean market, thereby expanding practical cooperation cases between the two countries.
This agreement was concluded alongside the Korea-China Innovation Forum held in Shenzhen. The event was attended by 30 Chinese high-tech, specialized, and emerging companies selected by 36Kr-KSI, as well as nine domestic Innobiz companies. These companies discussed cooperation plans through one-on-one customized business consultations. In addition, the Innobiz companies visited leading Chinese global corporations such as DJI, BYD, SF Express, Baidu, Huawei, and Honor to examine advanced technology trends and explore potential collaboration opportunities.
Jung Gwangcheon, President of the Innobiz Association, stated, "The establishment of our Shenzhen base and this business agreement serve as an important stepping stone for the global expansion of Korean innovative companies," adding, "We will further strengthen sustainable technology and industrial cooperation between Korea and China to support the mutual growth of companies in both countries."
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