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GBA enjoys the most favorable environment for manufacturing development: President of Huizhou Korean Chamber of Commerce and Industry

Editor's note:

The 2024 Guangdong High-Quality Development Conference will kick off in Shenzhen on February 18. GDToday interviewed a number of representatives of international Chambers of Commerce in Guangdong for their insights and suggestions for the province's high-quality development.

“Guangdong-Hong Kong-Macao Greater Bay Area (GBA) boasts a sound investment environment and the most advanced high-tech facilities in China, which are very conducive to manufacturing development,” said Lee Jei Youn, President of Huizhou Korean Chamber of Commerce and Industry, when sharing with GDToday before the 2024 Guangdong High-quality Development Conference. 

Established in 2003, the Huizhou Korean Chamber of Commerce and Industry has been playing an active role in the cooperation between the GBA and the Republic of Korea. 

The latest statistics show that a total of 329 Korea-invested enterprises have been established in Huizhou over the years and there are about 3,500 overseas Koreans living in the city. 

“Guangdong has witnessed a rapid development of the high-tech industry over the past few years. Thanks to the active support of local governments and the concerted efforts of companies, we can see that the high-quality development in the province has made great strides,” Lee added. 

China-Korea (Huizhou) Industrial Park is one of the three China-Korea industrial parks, approved by the State Council in December 2017, and the only one of its kind in Guangdong province.

With a start-up area of about 12.7 square meters, the Park focuses on the development of high-end industries, including mobile intelligent terminals, smart energy, and ultra-high-definition video displays. 

According to Lee, the Park has been constantly improving its environment and infrastructure for the smooth operation of businesses. And the development of major industrial platforms in the start-up area has been accelerated.

As of the end of 2023, the Park has attracted 226 projects, among which 42 are foreign-invested. With a planned investment of about 210.6 billion RMB, it is expected to generate a production output worth nearly 469.9 billion RMB. 

Reporter | Fanny 

Poster | Mia, Lu Lu 

Editor | Olivia, Steven, Abby, James 

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