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A business symposium focusing on
cooperation between China and the Republic of Korea (ROK) in the
high-end manufacturing industry was held Friday in Hefei, capital of
east China's Anhui Province. More
than 90 business representatives and government officials from both
sides attended the meeting, including those from Chinese semiconductor
display manufacturer BOE Technology Group, Chery Automobile, and ROK
chemical giant LG Chem. The
symposium was co-hosted by the foreign affairs office of the provincial
government of Anhui, the Anhui provincial department of economy and
information technology, the Korea Trade-Investment Promotion Agency and
the Korea Display Industry Association. Cooperation
in the new display, integrated circuit and automotive industries
between Anhui and the ROK has a good foundation and wide market
prospects, said Niu Nutao, director of Anhui's department of economy and
information technology. Economic
and trade exchanges between Anhui and the ROK maintained steady upward
momentum in the first half of 2020. Data from Hefei customs showed that
in the January-June period, the trade volume between the two sides
topped 14.74 billion yuan (about 2.16 billion U.S. dollars), up 37.1
percent year on year. Jang Ha-sung,
ROK's ambassador to China, said both countries have a solid industrial
foundation and strong innovative power. The two should utilize this
advantage and deepen cooperation in high-end manufacturing and emerging
industries. Enditem
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