GWANGJU < invest Korea

According to Yonhap News,

Gwangju, which aims to become the 'Artificial Intelligence (AI) Hub City of South Korea,' has secured a foothold for local AI companies to enter the Chinese market.

On September 28th, Gwangju-si announced that it had signed a memorandum of understanding (MOU) with Pudong Software Park , and Lingyang Technology in Shanghai, China, to establish an AI industry ecosystem and build a global cooperation system.

Pudong Software Park has experience incubating hundreds of companies and fostering several unicorn companies, while Lingyang Technology focuses on emerging technologies such as autonomous driving and digital twins.

Under the agreement, Gwangju-si and the Chinese partners will collaborate on ▲ Sharing innovation resources and outcomes, ▲ AI demonstration and R&D cooperation, and ▲ Developing a platform for AI talent cultivation and expert exchanges.

Gwangju-si expects that this MOU will provide local AI companies with a pathway to enter the Chinese market and enhance global competitiveness through technology and talent exchange.

Gwangju Mayor Kang stated, "In order to transform Gwangju into an AI hub city, we are pushing forward with the development of 1,000 AI companies through the establishment of the National Computing Center, a 2.5 trillion won project, following the first and second stages. I hope this agreement will serve as a stepping stone for our local companies to expand overseas."

pch80@yna.co.kr

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Source: Yonhap News (September 28, 2025)