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Officials of Luxembourg and Jiading district of Shanghai sign a Memorandum of Understanding on May 5, showing their determination to cooperate in the auto industry. [Photo/jiading.gov.cn] |
Crown Prince Guillaume and Princess Stephanie of Luxembourg visited Jiading district of Shanghai, as Luxinnovation, the country's national agency for innovation and research signed a Memorandum of Understanding (MOU) with the Shanghai International Automobile City located in the district on May 5, local media reported.
Gao Yun, head of the district, welcomed the royal guests and said that the MOU helps lay a solid foundation for friendly exchanges between the two countries. Gao expected to strengthen and expand the cooperation with Luxembourg in economy, trade, investment, and technology via the cooperation in auto industry.
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Etienne Schneider, deputy Prime Minister of Luxembourg, delivers a speech on cooperation with the Shanghai International Automobile City in Jiading district. [Photo/jiading.gov.cn] |
Etienne Schneider, deputy Prime Minister of Luxembourg, said that Luxembourg is willing to work with Jiading's automobile city, since they share a lot of similarities. Mr. Schneider considered the MOU as a sign of a closer relationship between the two.
According to the MOU, the two parties will reach a deal in market information, market entry strategies, business incubation, exhibitions and symposiums and will cooperate in R&D, market operation, and training.
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Luxembourg officials visit the Shanghai Auto Museum in Jiading district. [Photo/jiading.gov.cn] |
During the visit, the delegates of Luxembourg also toured the Shanghai Auto Museum.