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Foreign entrepreneurs relish trade fair in NE China


By Xinhua
Published : 21 Jun 2023 08:55 PM

For Park Jong Sung from the Republic of Korea (ROK), the 32nd Harbin International Economic and Trade Fair is extremely important for his business.

"I came to Harbin with a new product this time, hoping to find a partner," said Park. Having lived in China for over ten years, he owns a foreign trade company that has introduced many ROK products into China.

Park brought toy candy to this year's fair, which has been widely popular in the ROK but has not yet entered the Chinese market. He successfully found a new business partner after two days.

Park's company was among over 1,400 enterprises from 38 countries and regions participating in the 32nd Harbin International Economic and Trade Fair, held from June 15 to 19 in Harbin, northeast China's Heilongjiang Province.

According to its organizers, deals worth over 200 billion yuan (about 27.93 million U.S. dollars) were signed during the fair based on preliminary estimates.

Also from the ROK, Shin Tae Jin, chairman of a biomedical company, is a newcomer to the fair this year with a physical therapy instrument.

"I have gained a lot in the past few days and have reached preliminary agreements with distributors in Heilongjiang," said Shin, noting that he has been deeply involved in the Chinese market and opened multiple companies in different fields here.

"I like China and started investing in Heilongjiang several decades ago. Our products are well-received at this trade fair, which makes me very confident about its prospects," Shin added.