Prime Minister Lee’s go to to Giheung manufacturing unit 19 years in the past: “Korean firms like Samsung need to broaden funding in China” Chairman Lee “Efforts to advertise cooperation between Korea and China”
Samsung Electronics Chairman Lee Jae-yong (left) and Chinese language Premier Li Chang shake arms on the Shilla Resort in Seoul on the twenty sixth. Supplied by Samsung Electronics
Because the Korea-Japan-China summit was held beginning on the twenty sixth, Chinese language Premier Li Chang met with Samsung Electronics Chairman Lee Jae-yong and strengthened their dedication to financial cooperation. Prime Minister Li visited Samsung Electronics’ Suwon and Giheung crops as secretary basic when then Zhejiang Normal Secretary Xi Jinping visited Korea in 2005. With this go to, I used to be reunited with Chairman Lee in Korea for the primary time in 19 years. It’s identified that Samsung Electronics is the one Korean firm that Prime Minister Lee will meet throughout his go to to Korea.
In response to Samsung Electronics on the twenty sixth, Prime Minister Lee and Chairman Lee met on the Shilla Resort in Jung-gu, Seoul this afternoon. On the Chinese language aspect, Premier Li, Secretary Normal of the State Council Wu Zhengrong, Minister of Public Info and Public Info Jin Zhuangrong, Minister of Commerce Wang Wentao, Minister of Tradition and Tourism Solar Yeri, and Vice Minister of International Affairs Ma Zhaoxu was current. On the Samsung aspect, together with Chairman Lee, Jeon Younger-hyun, head of Samsung Electronics’ Semiconductor (SD) Division, Noh Tae-moon, head of Samsung Electronics’ MX Enterprise Division, Park Hak-gyu, head of Samsung Administration Electronics The Help Workplace, Samsung SDI CEO Choi Yoon-hyo, Samsung Show CEO Choi Joo-sun, and Yang Geol, head of Samsung Electronics China Strategic Cooperation Workplace attended this.
It’s mentioned that the assembly between the 2 sides, which lasted about 40 minutes, was held in a pleasant environment. Premier Li careworn, “Financial and commerce cooperation is the ‘ballast stone’ (a stone loaded to assist a ship’s middle of gravity) in Korea-China relations,” including, “China’s and Korea’s provide chains have shut connection. ” He additionally mentioned, “International firms are an indispensable power in China’s improvement,” and added, “We’ll promote institutional opening and actively deal with the issues and calls for of international firms.” He continued, “I hope that Korean firms like Samsung will proceed to broaden their investments in China.”
In response, Chairman Lee mentioned, “I’m grateful for the Chinese language authorities’s assist for Samsung’s enterprise actions in China,” and added, “We’ll attempt to grow to be an organization cherished by China and proceed to work for the profit either side and cooperation between Korea and China.”
The enterprise world cites Prime Minister Lee’s curiosity in Samsung because the background for this assembly. Prime Minister Li visited the Samsung Electronics sales space yearly on the ‘China Worldwide Import Expo’, the place over 3,000 international firms take part. Prime Minister Lee visited the Samsung sales space final 12 months and mentioned, “Samsung is the one firm that I’ve visited the sales space for six consecutive years for the reason that first occasion (2018).”
Reporter Byeon Byeon-guk bjk@donga.com
#Lee #Chang #Lee #Jaeyong #met #individually #minutes #Financial #cooperation #ballast #stone #KoreaChina #relations
