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(BUSAN=NEWSIS) Busan City announced that a delegation from Qingdao, China, will visit Busan on December 22 to establish the Busan Office of the Qingdao International Business Center.
Qingdao, a well-planned city and known for its Tsingtao beer, has reached economic partnership with Busan in October, 2013.
The Busan Office of the Qingdao International Business Center will be its second office outside China following the recent Singapore Office.
The Qingdao delegation will visit the locations for the office that have been recommended by Busan and discuss the establishment procedure with the city.
"The establishment of the Qingdao International Business Center will boost bilateral economic cooperation and increase friendly relationship. We hope the Busan Office will help to attract more investment and leading companies," said a Busan official.
jgsm@newsis.com
Source: Newsis (December. 22, 2014)
** This article was translated from the Korean.