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Korean Entrepreneurs Create Success Story in China’s Jingjin District – Xinhua News Agency

The Elite Times TeamBy The Elite Times TeamMarch 10, 2024No Comments4 Mins Read
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Beijing-Tianjin Zhongguancun High-Tech Town bus stop in Tianjin, northern China, February 22, 2024. Intelligent connected buses are seen at the bus stop. (Xinhua News Agency/Sun Fanyue)

BEIJING, March 10 (Xinhua) – For Kim Jun-beom, an entrepreneur from the Republic of Korea (South Korea) currently living in Beijing, China’s great potential for development makes it an ideal opportunity to pursue his dreams. There is.

Mr. Jin, who has lived in the Beijing-Tianjin-Hebei region, also known as the “Jingjindi”, for many years has witnessed firsthand its coordinated development and progress. “In recent years, I have visited many places in China for my entrepreneurial activities. Led by Beijing, Tianjin and Hebei, which are close to Beijing, have experienced great development,” Jin said.

Kim first visited China about 13 years ago. He studied at Peking University and enrolled in Chinese classes. After his graduation, he established a company in Beijing’s Zhongguancun area, known as “China’s Silicon Valley”, to help more foreigners and foreign startups set up businesses in China.

In recent years, he has focused on projects related to economic, cultural exchange, and cooperation between China and South Korea.

As an important national strategy of China, the coordinated development of the Jingjin area has not only brought real convenience to the work and life of Chinese nationals and expatriates, but also injected a strong impetus into the economic development of the region. and provided more opportunities for Chinese people. According to Kim, there are also young foreigners who come here to work or start businesses.

Mr. Kim, who majored in business administration, launched his business in China in 2019. “Thanks to our innovative local entrepreneurship policy, we have not only simplified the company registration process but also reduced rent costs,” Kim said. “With the support of local authorities in Zhongguancun and Beijing, we also obtained a business visa.”

According to him, as Beijing’s business environment becomes more international and the Jingjinji area develops more cooperatively, more and more foreigners want to start businesses in the area.

“Currently, we provide consulting services to foreign startups and entrepreneurs by organizing entrepreneurship seminars and being keynote speakers.We explain the policy advantages of each region and encourage foreign startups to enter China. We encourage foreign entrepreneurs to settle in the incubator and help them start their own businesses,” Kim explained.

“In my eyes, Zhongguancun is the ‘startup capital of China’. Here I feel the vibrant vitality of innovation,” he added.

In the past decade, the science and technology sectors of Beijing, Tianjin and Hebei have combined Tianjin’s advanced manufacturing advantages and Hebei’s geographical advantages to make the most of Beijing’s leading role. .

Jingshinkai as a whole is deeply promoting the cooperative development of science, technology and innovation, and the cooperation between upstream and downstream industries in the industrial chain continues to be strengthened. By the end of 2023, the number of branches established by Zhongguancun enterprises in Tianjin and Hebei will exceed 10,000.

It takes about 30 minutes by high-speed train from Beijing to Tianjin, and just over an hour by car to Hebei. This coordinated transportation infrastructure has added significant advantages to the Beijing-Tianjin-Hebei region.

Beijing Daxing International Airport, one of the landmark projects of regional cooperative development, gave Mr. Kim a first-hand experience of such travel convenience. “Passengers can complete check-in and baggage drop-off procedures at city terminals such as Caoqiao, making travel more convenient,” he said.

What impressed Kim further was that Beijing’s role as the capital has been continuously optimized in recent years. He said efforts have been made to address urban challenges, resulting in a cleaner and more comfortable environment, adding that these efforts are also driving the development of Tianjin and Hebei province.

With the development of China’s digital economy in recent years, new technologies and methods are creating new opportunities for entrepreneurial consulting and other services.

“With the rise of new service models, I took the opportunity to expand my business scope and registered several blog accounts on social media platforms to share economic and cultural information of China and South Korea, and to share various “I posted a video introducing the customs and traditions. It’s part of China,” Kim said.

In recent years, the implementation of a series of coordinated regional development strategies has contributed to China’s high-quality development and high-level opening-up.

“In the new year, we plan to focus on industrial development in Beijing, Tianjin, Hebei and other areas. By visiting industrial parks and related projects in these areas, we hope to promote intercity exchanges and the implementation of entrepreneurial projects. ” said Kim. ■

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