Incheon, Weihai Expand Economic Cooperation

Incheon Metropolitan City and Weihai City, China, are intensifying their economic and cultural collaborations, building upon the framework established by the Republic of Korea-China Free Trade Agreement pilot city model over the past decade. On October 29, the two cities convened for the 9th Incheon-Weihai Local Economic Cooperation Joint Committee in Weihai, Shandong Province, where they discussed a diverse range of cooperation initiatives.

This annual consultative body, established in 2015, has facilitated 41 projects across sectors like trade, e-commerce, tourism, and eco-friendly energy. Key attendees included Incheon’s International Cooperation Division head Seo Mi-suk and Weihai’s vice mayor Zhang Shandong, along with representatives from various sectors. The cities agreed to prioritize eco-friendly energy, e-commerce growth, and cultural tourism exchanges to fuel future economic development.

Additionally, during a prior courtesy visit, Incheon’s mayor reinforced the partnership's mutual trust. The delegation also revisited the 10th anniversary of the Incheon Economic and Trade Representative Office in China, a vital hub supporting local businesses in entering the Chinese market. Seo Mi-suk affirmed that the Incheon-Weihai model sets a precedent for local economic cooperation, pledging accelerated follow-up consultations to translate discussed agendas into concrete economic gains.