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Kyung Shik Sohn, chairman of CJ Group: looking forward to jointly developing 5G and other future industries
iqilu.com | Updated:2019-10-19 13:12:54    

Kyung Shik Sohn, chairman of CJ Group: looking forward to jointly developing 5G and other future industries

October 19, the Qingdao Multinationals Summit, which is approved by the State Council and co-organized by the Ministry of Commerce and Shandong province, opened in Qingdao. Multinationals from 35 countries and regions and 14 provinces and cities attended the Summit.

In the opening ceremony, chairman of CJ Group and chairman of Korea Enterprises Federation, Kyung Shik Sohn said that ever since Korea has established diplomatic relations to China, the CJ group set up food factory in Laixi, Shandong province in 1994, entering Chinese market. Until now it has been doing business in China for 25 years.

“We’re paying close attention to China’s future industries and the fourth industrial revolution. China is now vigorously developing artificial intelligence, 5G, O2O and other future industries. Our CJ group also plans to follow the development trend in industries. Shandong has been at the forefront of market opening-up since the early stage of reform and opening up. In August this year, Shandong province get the approval of establishing China (Shandong) Free Trade Zone. We’re looking forward to the better development of Shandong in the future.