- Promoting BJFEZ’s Investment Competitiveness and Expanding Networks in the Chinese Market -

Chinese Delegation from Hunan's Xiangxi Prefecture Visits BJFEZ

- BJFEZ Impresses Even Inland China — Hunan Delegation Visits to Learn from Its Success Model

- Led by Chairman Li Ping, Six-Member Delegation Seeks Cultural, Tourism, and Industrial Cooperation

The Busan-Jinhae Free Economic Zone Authority (Commissioner Park Seong-ho, hereinafter “BJFEZ”) announced that on August 14, a delegation from the Xiangxi Autonomous Prefecture Political Consultative Conference in Hunan Province, China, visited BJFEZ.

Hunan Province, located in central inland China, ranks ninth in GDP among Chinese provinces and is known for its advanced equipment manufacturing, automotive, and new materials industries. The visiting delegation, led by Chairman Li Ping and composed of six members, explored opportunities for cultural, tourism, and industrial cooperation.

During their visit, the delegation toured the BJFEZ Promotion Center to benchmark industrial complex operations and praised BJFEZ’s investment attraction strategies and its competitiveness as a global logistics platform. They highlighted the synergy between BJFEZ’s Tri-Port strategy — integrating port, airport, and rail transport — and Hunan’s geographic advantage as a key economic hub with extensive transportation networks.

The visit also provided an opportunity to reexamine the similarities and complementary potential between the Hunan Free Trade Pilot Zone and BJFEZ. The Hunan FTZ serves as a gateway for inland China’s opening-up policy and aims to build an advanced manufacturing cluster. Likewise, BJFEZ is growing into a comprehensive economic zone in Northeast Asia, integrating manufacturing, logistics, and services, supported by its Tri-Port infrastructure. Many Chinese-invested companies have successfully established operations within BJFEZ, and the authority’s systematic business support has earned strong recognition from foreign investors.

Commissioner Park stated, “This visit by the Hunan delegation is a meaningful outcome that follows BJFEZ’s participation as Korea’s representative at the Global High-End Manufacturing Summit (GHMS) 2025 held in Changsha, China, last May, demonstrating the continued activation of networking with Hunan Province.” He added, “We will use this visit as an opportunity to further strengthen our ties with key regions in central inland China and expand cooperation in advanced industries and logistics.”

 

※ Disclaimer: This document was translated using ChatGPT and may contain minor translation inaccuracies.