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Lee Jae-yong, chairman of Samsung Electronics (photo=Samsung Group) |
[Alpha Biz= Reporter Kim Jisun] Chinese Premier Li Qiang visited Korea on the 26th to attend the Korea-Japan-China Summit and met with Samsung Electronics Chairman Lee Jae-yong, pledging institutional support to expand investments and enhance economic cooperation.
According to the Chinese Ministry of Foreign Affairs, Premier Li emphasized during the meeting, "Economic and trade cooperation is the cornerstone of China-Korea relations. The supply chains of our industries are deeply interconnected. Samsung's cooperation with China is a vivid example of the mutual benefit and cooperative development between our two countries."
He added, "With the continuous economic development of both countries and the emergence of new industries, the prospects for cooperation are becoming increasingly broad. We hope that companies from both countries will explore the potential for cooperation in advanced manufacturing, the digital economy, artificial intelligence, green development, and biopharmaceuticals to achieve better collaboration."
Li also stated, "Foreign enterprises are an indispensable force in China's development. We will promote institutional openness, expand market access, ensure national treatment for foreign enterprises, actively address their concerns and demands, and provide a better business environment so that more foreign companies can invest in and develop in China with confidence."
He particularly welcomed the continued expansion of investment cooperation in China by Korean companies such as Samsung, expressing his hope that they would share more opportunities arising from China's new development.
The Chinese Ministry of Foreign Affairs reported that Chairman Lee introduced the current status of Samsung Group's investment and cooperation in China, expressing gratitude for the Chinese government's strong support for Samsung's production and operations in China. He reiterated Samsung's commitment to developing in China and becoming a company favored by the Chinese people, contributing continuously to mutual benefit and cooperation between China and Korea.
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
