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Dandong growing into hub for commerce with DPRK, NE Asia
The recently concluded 2012 China-DPRK Trade, Culture and Tourism Expo, held in Dandong, Liaoning province, has further boosted the thriving transnational trade in China's largest border city.
Despite the global economic slowdown, more than 6,000 business representatives from 20 countries signed agreements on more than 200 cooperative projects. Some 72 of the largest projects have a total combined value of $1.26 billion.
Lu Chao, a researcher at the Liaoning Academy of Social Sciences, explained the reasons behind the success.
"In fact, 2012 has been a difficult year for China's international trade. However, thanks to Liaoning's coastal economic belt development strategy, the construction of the new Yalu River Bridge linking China and the Democratic People's Republic of Korea and the joint development of DPRK's Hwanggumpyong Island, Dandong is offered great opportunities for further opening-up."
link-->Largest border city poised for trade boom
The recently concluded 2012 China-DPRK Trade, Culture and Tourism Expo, held in Dandong, Liaoning province, has further boosted the thriving transnational trade in China's largest border city.
Despite the global economic slowdown, more than 6,000 business representatives from 20 countries signed agreements on more than 200 cooperative projects. Some 72 of the largest projects have a total combined value of $1.26 billion.
Lu Chao, a researcher at the Liaoning Academy of Social Sciences, explained the reasons behind the success.
"In fact, 2012 has been a difficult year for China's international trade. However, thanks to Liaoning's coastal economic belt development strategy, the construction of the new Yalu River Bridge linking China and the Democratic People's Republic of Korea and the joint development of DPRK's Hwanggumpyong Island, Dandong is offered great opportunities for further opening-up."
link-->Largest border city poised for trade boom