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China unveils first industrial park after signing FTA with ROK

Xinhua, June 3, 2015 Adjust font size:

China unveiled a blueprint for an industrial park in east China's Yantai City on Wednesday to facilitate investment by enterprises from the Republic of Korea (ROK).

It is the first plan for an industrial park to be revealed following the signing of a free trade agreement (FTA) between China and the ROK.

The city has started construction and aims to build the area into a model of industrial cooperation between the two countries and a major logistics hub of Northeast Asia, according to a press briefing held in Beijing. Endi