Young Entrepreneurs from China, Japan and South Korea Discuss Development

Updated: 2024-10-30

Young entrepreneurs from China, Japan and South Korea gathered to talk about development and cooperation in Shenyang, Northeast China's Liaoning Province, on Oct 24.

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At the dialogue themed "Openness, Innovation, Cooperation", Xu Xiao, Chairman of the All-China Youth Federation (ACYF), said China, Japan and South Korea are all major global economies located in the dynamic East Asia region, adding that continuously promoting cooperation among these countries is strategically crucial for advancing regional economic integration and fostering peace, stability and prosperity in the region and the world. He also urged young entrepreneurs from the three nations to embrace openness and inclusiveness, uphold regional connectivity, drive innovation-led growth and contribute to the region's revitalization.

Wang Xinwei, Deputy Secretary of the CPC Liaoning Provincial Committee and Secretary of the CPC Shenyang Municipal Committee, said Liaoning and Shenyang are advancing high-quality development with enhanced openness, and leveraging innovation in science and technology to drive industrial growth. He encouraged young entrepreneurs from Japan and South Korea to seize these opportunities, establish a presence in Liaoning, explore Shenyang, and foster collaboration across various sectors for mutual benefit and future growth.

Saying that young people serve as a bridge of friendship among China, Japan and South Korea and a foundation for stable development of trilateral cooperation, Lee Hee-sup, Secretary-General of the Trilateral Cooperation Secretariat, called on young entrepreneurs to actively engage in dialogue, strengthen partnership, share innovative ideas, contribute to sustainable economic growth, and build a practical platform for cooperation to foster prosperity and stability in Asia and beyond.

At the opening ceremony, Ning Fukui, former Chinese ambassador to South Korea; Takeaki Kamada, President of the Japan-China Friendship Association of Japan JC and Board Chairman of Kamacho Scale Co; and Shim Yoon-sup, the Beijing office chief representative of the Korea International Trade Association, delivered keynote speeches around the theme of new opportunities for China-Japan-South Korea economic cooperation.

Ning encouraged young entrepreneurs from the three nations to align with the high-level consensus of their leaders, harnessing their unique strengths to enhance multilateral collaboration in key sectors and inject youthful energy into regional and global economic recovery. Kamada addressed shared challenges including aging population, business transformation and industrial innovation, urging youth organizations and entrepreneurs to work together in tackling these issues. Shim proposed leveraging the Free Trade Agreement and Regional Comprehensive Economic Partnership rules to promote trade facilitation, institutionalize youth entrepreneur collaboration and support sustainable economic growth.

The event also featured two parallel sessions focused on China-Japan-South Korea cooperation in the green industry and digital economy, along with field visits to key industries. Participants discussed green, low-carbon sustainable development, digital economy partnerships, local government collaboration and regional supply chain stability, reaching broad consensus. Recognizing each country's unique strengths in technological innovation, they called for enhanced policy, technology and talent exchanges to capitalize on development opportunities and drive practical cooperation projects, aiming to achieve new breakthroughs in trilateral economic and trade collaboration.

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Hosted by the ACYF and the Liaoning Provincial Government, and organized by China International Youth Exchange Center,  Liaoning Youth Federation, and Shenyang Municipal Government, the event aimed to advance the outcomes of the ninth China-Japan-South Korea Trilateral Summit and strengthen trilateral cooperation among young entrepreneurs.

Around 60 representatives from the governments, youth organizations and young entrepreneurs of the three countries attended the event.

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