KCCI to host Dialogue of Korean-Chinese Businesspeople

Jun 28, 2018, 09:15 am

By AsiaToday reporter Kim Yoon-joo

Korean and Chinese businesspeople and former government officials will meet to discuss economic cooperation between the two countries. Following the summit meeting between President Moon Jae-in and Chinese President Xi Jinping at the end of last year aimed to improve Seoul-Beijing relations, the Korea Chamber of Commerce and Industry (KCCI) has provided a forum for dialogue to promote exchanges between the two countries.

The KCCI announced Wednesday that it will hold the 1st Dialogue of Korean-Chinese Businesspeople and Former Senior Government Officials in Beijing on Friday. At this meeting, businesspeople from both countries will discuss ways to strengthen bilateral economic cooperation. The event will be held annually hosted alternately in South Korea and China. This year, it will be held in Beijing at the invitation of the China Centre of International Economic Exchanges (CCIEE).

The Dialogue of High-ranking Korean and Chinese Businesspeople is a communication channel developed with the purpose of expanding the scope of exchange and communication between the two countries and supporting the consistent development of a cooperative economic relationship. It was founded in last December under a business agreement between KCCI and CCIEE. These two organizations agree that the most important factor in strengthening cooperative economic relations between the two countries is active exchange and cooperation among private entrepreneurs.

The Korean delegation is consisted of 16 members. A total of 11 Korean businesspeople will be attending the meeting: KCCI Chairman Park Yong-maan, SK Group Chairman Chey Tae-won, Samsung Electronics Vice Chairman Yoon Boo-keun, Hyundai Motor Group Vice Chairman Chung Eui-sun, LG Vice Chairman Koo Bon-joon, Hanwha Group Chairman Kim Seung-yeon, Doosan Group Chairman Park Jung-won, CJ Chairman Son Kyung-sik, LS Group Chairman Koo Ja-yeol, Shinhan Financial Group Chairman Cho Yong-byung, and Amore Pacific Chairman Suh Kyung-bae.

The Korean delegation will be headed by Chung Sye-kyun, former Speaker of the National Assembly. Other representative former government officials include Byun Yang-gyun, former senior presidential secretary for policy planning; Oh Young-ho, former Vice Minister of Commerce, Industry and Energy; and Choi Seok-young, former Deputy Ministry for FTA. Lee Jae-young, president of the Korean Institute for International Economic Policy, will be also attending the event as an economic expert.

The delegates have been selected considering their "business relevance with China and industry representativeness," according to the KCCI. "We will support economic exchanges between businesspeople in both countries, and will develop into a sound economic cooperation channel," the KCCI said.

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