Wuxi, SK Hynix sign new agreement to deepen strategic cooperation

2022-01-29 15:21:00

Wuxi City in Jiangsu Province and SK Hynix reached an agreement for deep strategic cooperation, signed at simultaneous events being held in Nanjing and Seoul, on January 28.

Wu Zhenglong, secretary of the CPC Jiangsu Provincial Committee and provincial governor Xu Kunlin attended the signing ceremony and held a virtual meeting with Chey Tae-won, chairman of the SK group.

Wu expressed thanks to the SK Group for its long-standing and important contribution to the development of Jiangsu. He said that the SK Group is a world-renowned enterprise and one of the most important partners of the province, while the group’s chairman is also an "honorary citizen" of Jiangsu.

Wu also said more achievements in many fields have been achieved amid the increased friendship, mutual trust and collaboration since the launch of the comprehensive strategic cooperation. As the SK Group's development is in line with Jiangsu's pursuing of high-quality growth and low-carbon transformation of economy, it’s hoped the group will introduce more quality projects in the province, according to Wu.

Wu added Jiangsu will continue to optimize the business environment to be market-oriented, based on the rule of law and of world class, take active measures to help companies solve their problems, work together closely to create more fruitful results, promote the well-being of the people of Jiangsu and South Korea, and make greater contributions to the vision of building a community with a shared future for mankind.

In the meeting, Chey congratulated Jiangsu on its new achievements in the past year and appreciated the province’s support and care for the group's development. He said that Jiangsu is the most important region for the group's industrial investment in China, and the cooperation has made smooth progress over the years.

He said, with the agreement as a new starting point, the group will remain committed to the development in Jiangsu, assist the province’s high-quality growth, and help it realize the goal of having "a strong economy, wealthy people, beautiful environment, and highly civilized society”.

In the meeting, Xu introduced the economic and social development of the coastal province.