Busan Metropolitan City announced on Aug. 25 that the Qingdao Industrial and Commercial Center (ICC) of China will open at Busan International Finance Center (BIFC) on Aug. 27 and commence business.
Organized by the city of Qingdao, the opening ceremony will be held at 10 am in Lotte Hotel Busan on Aug. 27. Also, a memorandum of understanding (MOU) for tourism cooperation between Busan and Qingdao will be signed during the ceremony.
Qingdao’s chief officials, including its deputy mayor Liu Mingjun, and heads of Busan’s relevant organizations such as the city of Busan and the Busan Chamber of Commerce & Industry will participate in the ceremony.
Headquartered in Qingdao, the Qingdao Industrial and Commercial Center will open its Korean office on the 53rd floor of the BIFC. It is focused on helpng Qingdao-based companies who want to branch out to Busan. It will be responsible for business services, attracting foreign capital investment, information consultation, and cultivating new markets.
Qingdao, located in the southern part of the Shandong Peninsula, is one of the four major port cities in China. Qingdao City will set up its overseas centers in eight cities around the world, including Busan and San Francisco. Last Oct., the first overseas center opened in Singapore, and the second center will open in Busan this month.