On Aug 8, two Ningxia leaders had the meeting with political and business delegations from South Korea to witness the signing ceremony for the new spandex project.
In recent years, Ningxia has promoted the expansion and improvement of foreign trade and economic cooperation, and developed an open economy.
The opening ceremony of the China (Ningxia) and South Korea Cooperation Exchanges Week was held on Aug 9 in Yinchuan, Ningxia.
On Aug 8, Taekwang Industrial Co., LTD and the Management Committee of Ningdong Energy Chemical Industrial Base signed a cooperation agreement.
Taekwang Industrial Co., LTD and the Management Committee of Ningdong Energy Chemical Industrial Base have signed an investment agreement.
The economic and trade cooperation between Ningxia and South Korea has reached a new level.
On Aug 8, the signing ceremony for the project between Taekwang Industrial Co., LTD and Management Committee of Ningdong Energy Chemical Industrial Base to produce 108,000 tons of differentiated spandex annually was held in Yinchuan, Ningxia.
On Aug 7, Ningxia Yinchuan government signed a cooperation agreement with Ningxia Baofeng Energy and Dongfangman New Energy Automobile Co., Ltd. The latter one plans to move to Suyin Industrial Park, which will fill the gap in new energy automobile manufacturing industry of Ningxia.