To strengthen friendly relations between Chinese and Korean business leaders and pragmatically reflect on problems and difficulties in investment in both countries, the 4th China-Korea Multinational Corporations Leaders Roundtable (hereinafter referred to as the Roundtable) organized by CICPMC and The Federation of Korean Industries (FKI) was held in Seoul, Korea on May 28, 2015, with a view toexpanding two-way investment and offering advice and suggestions for economic and trade cooperation between China and Korea. The Chinese delegation was led by Jiang Jianqing, Chairman of the Industrial and Commercial Bank of China (ICBC).
Mr. Jiang Jianqing (middle), Chairman of ICBC, Mr. Qiu Guohong (left), China’s ambassador plenipotentiary to Korea(right), Mr, Song Weidong, Secretary General of CICPMC (right)
Members of the Chinese delegation included Yu Yong, Chairman of Hebei Iron and Steel, Gao Yingxin, Vice-President of Bank of China,Li Chuanxue, Chairman of China Happy Life Insurance, Chen Ping, Vice-President of Anbound Group, Li Renzhi, Vice-President of China International Travel Service (CITS), and Li Yifan, General Manager Assistant of State Grid. Member of the Korean delegation included Quan Wujun, Chairman of POSCO, Li Xiangyun, President of Hyo Sung Co., Ltd., Jin Shiping, Executive Director of Hyundai, and Jin Changquan, Lotte Asset Development Co., Ltd.. All the delegates are business leaders whose companies have crucial investment and cooperation projects in the other country.
Entrepreneursfrom both sides exchanged views on a wide range of issues in an in-depth and pragmatic manner, including China-Korea economic cooperation programs in the context of “New Normal”, RMB internationalization, objective of China’s financial strategy, current status of Korea’s medical industry and potential cooperation, effective use of the effects of “Visit China Year” and “Visit Korea Year”, and the expansion of people-to-people exchanges between the two countries.
Middle Left: Piao Sanqiu, Chairman of Kumho Asiana; from the middle left to left: Yu Yong, Chairman of Hebei Iron and Steel, Qiu Guohong, China’s ambassador plenipotentiary to Korea, Gao Yingxin, Vice-President of Bank of China, Ma Jun, Chairman of CEC Holdings Group, Jin Changquan, Lotte Asset Development, and Zhou Changting, envoy of the Business Department of China’s Embassy in Korea
Middle Right: Jiang Jianqing, Chairman of ICBC; from the middle right to right: Quan Wujun, Chairman of POSCO, Li Chengzhe, Vice-President of FKI, Wen Shenghuan, President of Samyang Group, Li Haozhe, Chairman of Doosan Group, Song Weidong, Secretary General of CICPMC
Participants believed that the Roundtable was a platform created for Chinese and Korean entrepreneurs having significant cooperative relationships to communicate and exchange views, which had played a positive role in promoting cooperation in various fields and served as a “gas station” and “propeller” for advancing China-Korea economic and trade cooperation in a new context. The meeting gave entrepreneurs more opportunities to have face-to-face discussions on problems and difficulties they faced in investment so that they can jointly contribute to economic and trade development of both countries.