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Gwangju-China sign MOU on fostering the auto industry

According to Yonhap News,

(GWANGJU=Yonhap News) On May 30, Gwangju city announced that Gwangju Institute of Green-Car Advancement signed MOU with Automotive Processing Research Institute of China Automotive Technology Research Center in Tianjin, China.

The MOU is about fostering future automotive industry, and the two institutes agreed to cooperate on automotive industry's policy research, technology development, and industry advancement.

The city plans to establish a close cooperative relation with the institute, a think tank of China's automotive industry, and secure the competitive edge in the era of the fourth industrial revolution, leading the automotive industry in the future.

It also plans to attract a branch of China Automotive Technology Research Center, the largest such institute in China.

Gwangju city mayor said, "It is a pleasure to open the way for Korea and China to lead the eco-friendly self-driving vehicles," adding that "I hope the branch of China's Center to be located in Gwangju."

China Automotive Technology Research Center is China's largest research center of the automotive industry with more than 5,000 employees, dealing with China's automotive affairs such as standardization and technology regulation, safety certification, test and verification, technology development and national policy establishment.

Gwangju Institute of Green-Car Advancement establishes strategies for the auto industry in Gwangju region, while carrying out various projects such as construction of infrastructure and technology development for eco-friendly vehicles and parts.

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Source Text

** This article was translated from Korean.

Source: Yonhap News (May 30, 2019)