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China and ROK Forge New Economic Paths in Beijing Forum 🌏💼

China and ROK Forge New Economic Paths in Beijing Forum 🌏💼

Chinese Vice Premier He Lifeng and Republic of Korea (ROK) President Lee Jae Myung rallied for stronger economic collaboration at a high-profile business forum in Beijing today, signaling a fresh chapter in cross-border partnerships. With over 400 government and business leaders in attendance, the event highlighted a shared vision for innovation-driven growth.

🔑 Key Takeaway: He emphasized China's commitment to 'high-level opening up,' inviting ROK enterprises to tap into the mainland's booming markets. 'We must upgrade our cooperation to unlock mutual benefits,' he stated, referencing recent agreements between the two nations' leaders.

🇰🇷 ROK President Lee echoed the sentiment, noting that deepened ties in tech, green energy, and trade have already 'created tangible wins for both sides.' The forum, co-hosted by the China Council for the Promotion of International Trade and Korea Chamber of Commerce, also spotlighted youth-led startups bridging the two economies.

💡 Why It Matters: As Asia's tech giants, China and the ROK account for nearly 30% of global semiconductor trade—a sector poised for major joint ventures this year. Analysts predict this partnership could reshape supply chains across APEC member regions.

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