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Chinese vice premier hails close cooperation with S. Korea


08:09, June 29, 2012

YEOSU, South Korea, June 28 (Xinhua) -- Chinese Vice Premier Wang Qishan on Thursday hailed close ties between China and South Korea, hoping that further cooperation would be conducted to boost the two countries' strategic cooperative partnership.

Wang made the remarks when meeting with South Korea's Minister of Strategy and Finance Park Jae-wan during his one-day trip to the Yeosu Expo for the China National Day.

Wang noted that the two countries have been getting closer and seeing rapid growth in the fields of trade, investment and personnel exchanges since they established diplomatic ties 20 years ago.

The two countries signed bilateral currency swap agreement in 2008, and inked a trilateral investment protection protocol with Japan earlier this year, Wang said.

The two governments also started formal negotiations last month for the establishment of a free trade zone, he said, adding that he hoped the two sides make joint efforts to create better conditions for the bilateral economic, trade and investment cooperation.

Beijing and Seoul should take the 20th anniversary of the establishment of China-South Korea diplomatic ties as an opportunity to enhance practical cooperation in various fields such as electronics, communication industry, car manufacturing and tourism, so as to inject vitality into the strategic cooperative partnership between the two countries, Wang said.

He also expressed sincere gratitude to the South Korean side for its strong support and assistance to China's participation in the event.

On his part, Park said the bilateral ties between South Korea and China have seen rapid development for the last 20 years, and he believed the Yeosu expo will play a positive role in promoting friendship between the two peoples.

He also hoped the expo will help the two sides to enhance cooperation in green economy growth and the development of the marine sector.

The Yeosu Expo opened on May 12 and will last to August 12 in South Korea's southern coastal city of Yeosu under the theme of "The Living Ocean and Coast".


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  1. Name

JohnnyMorales at 2012-06-3024.162.119.*
I wonder if China will ever offer S. Korea a deal for N. Korea. In return for adopting a nuetral/China leaning foreign policy, China would engineer the collapse of the North Korean state and its merger with South Korea. The model has proven to be workable and fruitful for both sides. Finland adopted this sort of role vs. a vs. the former Soviet Union and the rest of the world.

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