China IFEZ Trade Office moves to Wisdom Valley in Weihai City, the optimal location that can enhance its functional capacities
The China IFEZ Trade Office(hereinafter “China IFEZ”) is gearing up for its next leap forward with a new home.
Incheon announced that it hosted an opening ceremony on December 27, 2022, for China IFEZ, which recently moved to Wisdom Valley inside the Economic and Technological Development Zone, Weihai City.
▲ China IFEZ in Weihai City, which serves as a forward base for IFEZ in China, recently moved its office to Wisdom Valley inside the Economic and Technological Development Zone, Weihai City.
Previously, when China IFEZ first opened back in 2016, the opening ceremony was attended by more than 50 officials from both countries, including key officials from the Weihai City Government, representatives of Korean municipal organizations in China, representatives of local corporations in Incheon, and Korean expatriates in China.
China IFEZ, which was established on November 1, 2016, in the Huanqu District (Weihai City), moved to Wisdom Valley, Economic and Technological Development Zone on November 1, 2022.
The new China IFEZ office, measuring 592.32 ㎡ , features a PR hall (Incheon, IFEZ), permanent exhibition hall, live broadcasting studio, video conferencing room, export/investment consulting and business support office (2 rooms), education (immersive training) room, and administrative office spaces.
Meanwhile, the Weihai City Government is promoting the Wisdom Valley Industrial Complex as a landmark for economic exchange. The City is hoping to establish an e-commerce industrial cluster, a smart manufacturing industrial complex, and an industrial complex for innovative startups from Korea and China. This makes Wisdom Valley the perfect place for China IFEZ to build its capacities tailored to the future.
Going forward, China IFEZ plans to focus on initiatives linked to the local online market, such as e-commerce, overseas direct purchasing, Wanghong broadcasting, and o2o stores to help the penetration of Incheon's corporations into the Chinese market with a better understanding of the latest trends prevailing in China.
To this end, a live broadcasting studio and business support offices were newly created at China IFEZ, and Incheon is hoping to offer various services to companies from Incheon with aspirations to test the waters in China.
