"'Win-Win' Relationship Must Continue"

KCCI: "30th Anniversary of Korea-China Diplomatic Relations, Must Develop into a Future-Oriented Partnership" View original image

[Asia Economy Reporter Kiho Sung] The Korea Employers Federation (KEF) stated on the 24th, celebrating the 30th anniversary of Korea-China diplomatic relations, "We hope the relationship will continue to develop into a future-oriented partnership."


In a statement released that day, KEF said, "Korea and China have built a close cooperative relationship in various fields such as economy, society, culture, and human exchanges as geographically close neighbors and economically important partners."


It added, "Since establishing diplomatic ties in 1992, the trade volume between the two countries has grown nearly 50 times, with China becoming Korea's top trading partner, and this year Korea is expected to become China's second-largest trading partner. Today, economic cooperation between the two countries is expanding beyond traditional manufacturing to new industries such as artificial intelligence (AI) and robotics."


KEF expressed, "Based on the cooperative relationship developed over the past 30 years, we hope Korea and China will continue to advance as a future-oriented partnership that achieves a 'win-win' outcome by overcoming the current global complex crises and discovering new growth engines."



It also emphasized, "The business community will contribute to the development of Korea-China relations through various economic cooperation and exchange activities at the private sector level."


This content was produced with the assistance of AI translation services.

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