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Ningbo, Busan strengthen cooperation of marine economy

Last Friday, a delegation from the Municipal Government of Ningbo visited Busan, the southern port city of South Korea. Liu Qi, mayor of Ningbo, and Hur Nam-sik, mayor of Busan, signed a cooperation agreement in a bid to carry out marine economic exchanges.

According to the agreement, the two cities shall strengthen the mutual benefit cooperation in various fields of marine economy, participate in various programs held in the two cities, and encourage exchanges and cooperation on marine economy between the enterprises, research institutions, universities and other organizations of both sides. Besides, the two sides vow to explore and conduct research projects on marine economy. They plan set up a Marine Economic Research Center in the future.

Liu Qi gave a brief introduction of the economic and social development of Ningbo. He added that both Ningbo and Busan are important port cities in Northeast Asia. The two cities have many similarities in logistics, port industry, fisheries and other fields. As a leader in the field of port logistics and fisheries, Busan has many successful experiences and practices that Ningbo can learn from. He hopes the agreement could further promote and strengthen exchanges and cooperation between the two cities.

Hur Nam-sik, on behalf of the Busan city government and the citizens of Busan, warmly welcomed the visiting Ningbo delegation. He hoped that both sides would expand exchanges and cooperation in broader fields, and jointly promote the prosperity and development of the two cities.

Liu Qi also met with representatives from all sectors of Busan City, and visited the Busan City Planning Exhibition Hall.

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