On June 27, Chinese minister of commerce gao hucheng in Beijing met with South Korea's President, park geun-hye's visit South Korea industry accompanied by chief Yin Xiangzhi trade resources, both sides economic and trade issues of common concern an in-depth exchange of views.
Gao hucheng said, China and South Korea since the establishment of diplomatic ties, bilateral economic and trade relations development speed, level, bilateral trade volume has exceeded us $250 billion, mutual investment of more than $50 billion, the two sides in the multilateral and regional cooperation has maintained close communication with the benign interaction. China is ready to work with the rok side to actively implement the important consensus reached by the leaders of the two countries, expanding areas of cooperation and innovation cooperation mode, promote timely realization of 2015 trade target of $300 billion.
Gao hucheng said, China and South Korea free trade area negotiations is an event in the current bilateral economic and trade relations to China and South Korea, to develop their economy, and promoting regional economic integration is of great significance. Both sides should make joint efforts to accelerate the process of fta negotiations, strive to build both China and South Korea free trade area as soon as possible, to benefit the two peoples. At the same time, the two sides should continue to strengthen coordination, and jointly promote the doha round negotiations and regional economic integration.
Yin Xiangzhi said that the rok attaches great importance to china-rok business cooperation. Willing to the leaders of the two countries the meeting as an opportunity to work with China to jointly promote bilateral trade, investment, cooperation in various fields, such as efforts to promote bilateral fta negotiations, strengthen coordination in multilateral and regional economic cooperation and communication, and promote the bilateral economic and trade cooperation to a new level