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Shang Jian, Deputy Consul General of China in Istanbul, and the accompanying delegation visited Cemil Demiryürek, Chairman of Yalova Chamber of Commerce and Industry (YTSO). During the visit, it was emphasised what can be done mutually for the development of institutional relations. Emphasising that there has been a significant and rapid development in the economic relations between Turkey and China in recent years, new cooperation and investment opportunities were discussed.

During the meeting, Chinese investments in Turkey were mentioned and it was pointed out that the trade volume between the two countries has increased significantly in recent years. They also discussed China's $1 billion electric car production investment in Turkey, which was announced in the previous weeks. During this visit, it was expressed that similar investments are expected to increase if mutual investment and trade relations are facilitated.

Cemil Demiryürek, President of YTSO, said: "Yalova has a strategic importance with its proximity to 3 major cities and ports, motorway and bridge connections. In addition, it is an attractive location for investors with its trained and qualified labour force potential. For this reason, we invite Chinese investors to evaluate the opportunities offered by Yalova in order to invest in automobile production in Yalova."

Translated with DeepL.com (free version)