By Yuling Chen, iChongqing News
Chongqing-Tang Liangzhi, Deputy Secretary of the CPC Chongqing Municipal Committee and Mayor of Chongqing, attended a Chongqing-South Korea talkfest on economic and trade exchange in Seoul, South Korea, May 30, 2019.
Tang Liangzhi, Deputy Secretary of the CPC Chongqing Municipal Committee and Mayor of Chongqing, attends a Chongqing-South Korea talkfest on economic and trade exchange in Seoul, South Korea, May 30, 2019.
In recent years, Chongqing and South Korea have frequent high-level visits, active bilateral economic and trade exchanges, in-depth industrial cooperation and extensive people-to-people exchange.
Messages at the economic and trade talkfest
Mayor Tang delivered a speech and noted that the prospect of cooperation between Chongqing and South Korea is very bright. He hoped that both sides take Thursday’s talkfest as an opportunity to further enhance their economic and trade exchanges as well as practical cooperation.
Shawn Chang, Vice President of the Korea Trade and Investment Promotion Agency, mentioned that Chongqing is the cradle of the Republic of Korea towards independence. The friendship between the two peoples is profound. In the new era, Chongqing and South Korea are expected to deepen cooperation and achieve mutual benefits and win-win results.
Shawn Chang, Vice President of the Korea Trade and Investment Promotion Agency, addresses at the Chongqing-South Korea economic and trade exchange talkfest in Seoul, May 30, 2019.
Chinese Ambassador to South Korea Qiu Guohong spoke highly of the achievements of Chongqing's exchanges with South Korea and made suggestions and expectations for further deepening bilateral cooperation. Chongqing works as an important stage for China and South Korea to develop national markets along the Belt and Road, develop third-party market cooperation, and jointly improve global competitiveness.
Representatives from Samsung Electronics, LG Chem, Hanwha Advanced Materials, Hyundai Mobis, Hankook Tire, and other leading Korean companies agreed that Chongqing's investment environment continued to improve and its investment performance was good. They are willing to further expand their cooperation with Chongqing.
Chongqing-South Korea talkfest on economic and trade exchange takes place in Seoul, South Korea, May 30, 2019.
Economic and trade cooperation between Chongqing and South Korea
In recent years, economic and trade cooperation between Chongqing and South Korea has continued to deepen. South Korea has become the largest goods importer and the second largest goods exporter of Chongqing. In 2018, the two-way foreign trade volume was 48.8 billion yuan, an increase of 34% year on year. As of now, 249 Korean-owned enterprises such as Hyundai Motor, SK Hynix and Hankook Tire have been based in Chongqing.
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