(DALIANNEWS) – A delegation of the local government, led by Xia Deren, Party Secretry of Dalian Committee, visit South Korea, January 31, right after his tour to Davos, Switzerland attending the World Economic Forum.

There were 84 South Korean- based companies investing in Dalian while the latter has over 2000 companies in South Korea aimd the global financial crisis last year, said Xia Deren during the meet with South Korean friends, February 1.

The trade and economic cooperation between Dalian and South Korea will enter an “accelerating track”, he said.

China is the biggest investor for South Korea and Dalian plays an important role in trade exchange, said Piao Jizhi, Deputy Director with the Korea Trade-Investment Promotion Agency (KOTRA).

Xia Deren received an exclusive interview with Korea Centural Daily on investment by South Korean companies, the development of burgeoning industries in Dalian and the construction on Liaoning Coastal Economic Belt, February 1.