Government: "Xi Jinping's Visit to LG Display" Indicates Trend of Improving Korea-China Relations

Xi Jinping Visits LGD Production Base in Guangzhou, China
"Reflects the Need for Korea-China Economic Cooperation... Positive"

The Ministry of Foreign Affairs evaluated President Xi Jinping's visit to LG Display's Guangzhou production base in Guangdong Province, China, as reflecting the improving trend in Korea-China relations.

An official from the Ministry of Foreign Affairs told reporters on the 13th that President Xi's visit to the LG Display factory the previous day "reflects the necessity of Korea-China economic cooperation and the improving trend in Korea-China relations," adding, "We view it positively."

Chinese President Xi Jinping waves to residents during an inspection in Guangzhou, Guangdong Province, southern China, on the 11th.
[Image source=Yonhap News]

According to the online edition of the People's Daily on the same day, during his inspection tour in Guangdong Province on the 12th, President Xi visited LG Display's production base in Guangzhou to understand the promotion of local opening-up, qualitative development of manufacturing, and the advancement of scientific and technological innovation in enterprises, and interacted with company representatives and researchers.

Constructed in 2006 as a joint venture with the Chinese side, the Guangzhou LG Display production base is one of LG Display's major overseas production sites and one of the largest foreign-invested enterprises in Guangzhou.

In a context where China emphasizes expanding domestic demand and attracting foreign investment, President Xi's visit to LG Display is interpreted as a message welcoming investment from foreign companies, including Korean firms. Some interpret this as a signal that Korea should not actively participate in the U.S.-led decoupling regarding issues such as global supply chain stabilization.

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