Core Viewpoint - The article highlights the successful collaboration between Weihai and Incheon over the past decade, emphasizing the establishment of the "Double City Double Pavilion" model, which has significantly enhanced economic and cultural exchanges between China and South Korea, particularly in trade and investment opportunities [4][12]. Economic Cooperation - The "Double City Double Pavilion" model has facilitated over 320 economic exchange activities, resulting in a trade volume of approximately $10 billion [7]. - Weihai has hosted 380 economic activities since the establishment of its pavilion, attracting over 40,000 participants, which has led to multiple investment projects in sectors like new energy and artificial intelligence [8]. - The establishment of a local economic cooperation joint committee has resulted in over 110 cooperation agreements, enhancing trade, logistics, and cultural exchanges [9]. Trade and Investment - The recent B2B procurement meeting in 2025 saw participation from 11 small and medium-sized enterprises from Incheon, leading to over 150 trade connections and an intended trade volume exceeding 17.5 million yuan [11]. - Since 2014, the number of Korean-funded enterprises in Weihai has increased by nearly 200, accounting for 54.1% of the city's foreign-funded enterprises [12]. - The investment from Chinese enterprises in South Korea has also grown, with the number of investment entities increasing from 15 in 2014 to 62 in 2024, with a total investment amounting to $14 million [12]. Cultural Exchange - The collaboration has not only focused on economic aspects but also on cultural exchanges, with initiatives like Korean traditional clothing experiences and K-pop performances being organized to promote cultural understanding [10][11]. - The establishment of a consumer rights protection mechanism between the two cities has further strengthened the cultural ties and consumer trust [9]. Future Outlook - Experts suggest that the "Double City Double Pavilion" model should evolve to address emerging sectors such as digital economy and green technology, enhancing infrastructure and promoting sustainable practices [13][14]. - The focus on cross-border e-commerce and the development of a green technology industrial park are seen as key areas for future collaboration, aiming to boost regional economic integration in Northeast Asia [14].

Core Points - The fourth Weihai International Week will be held from June 9 to June 15, featuring over 20 international activities across four categories: international trade, technology talent, sports, and cultural tourism [1] - Since 2022, Weihai has hosted three International Weeks, engaging over 200,000 participants and achieving nearly 300 cooperation intentions, significantly enhancing the city's international influence and economic development [1] Group 1: Event Characteristics - The scale and level of the fourth International Week have been elevated, including events like the dialogue on industrial cooperation with multinational companies and the introduction of the 32nd International Nuclear Engineering Conference, attracting over 1,200 guests from more than 20 countries [2] - The emphasis on technological innovation is highlighted by the simultaneous hosting of the China-Korea and China-Japan Technology Innovation Cooperation Conferences, with plans to collect at least 60 projects from both countries [2] Group 2: Economic Cooperation with South Korea - The fourth International Week coincides with the 10th anniversary of the China-Korea Free Trade Agreement (FTA) and the establishment of the Weihai-Korea Free Trade Zone, featuring events like cross-border logistics matchmaking and tourism promotion [3] - Weihai has established a local economic cooperation joint committee with Incheon, South Korea, and has implemented over 100 cooperation topics, enhancing bilateral exchanges [3] Group 3: Trade and Investment - The number of South Korean enterprises in Weihai has reached 995, accounting for 54.1% of all foreign enterprises, with a 67.8% increase in trade volume over the past decade [4] - Weihai's port is projected to rank third in the nation for imports and exports with South Korea in 2024, with cross-border e-commerce retail exports leading Shandong Province for seven consecutive years [4]