On Mar. 27^th, 2014, during the meeting between Chairman Jiang Hui and a delegation led by Mr. Won Daeyun, Chairman of Korea Fashion Association (KFA), in-depth exchanges on the implementation of cooperation were carried out and a Cooperation Memorandum was signed by both sides.

With strong desire to cooperate with KFA, 3 suggestions on cooperation were put forward by Chairman Jiang Hui, Firstly, establish the annual meeting mechanism to hold it alternately in China and Korea. Secondly, CCCT will lead a delegation of Chinese entrepreneurs to visit Korea next year to promote industry connection and provide better opportunities for both Chinese and Korean businesses. Thirdly, cooperation is not seeking quantity but high qualification, thus the cooperation between the two organizations could start from specific projects, say one project per year at the first step. Chairman Jiang Hui especially introduced the International Textile Forum which would be held in this October in Shanghai and sincerely invited KFA to participate in the forum.

Being agreed with Chairman Jiang Hui, Chairman Won Daeyun suggested that with the memorandum as the beginning of cooperation, specific projects and details for cooperation could be implemented in the future talks. And he hoped that development of the industry would be promoted through continuous exchanges and cooperation between the two organizations.