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Li Qiang Meets with ROK President Yoon Suk Yeol

On the afternoon of May 26 local time, Premier of the State Council Li Qiang met with ROK President Yoon Suk Yeol on the margins of the ninth Trilateral Summit Meeting among China, Japan and the ROK in Seoul

Li Qiang noted that since China and the ROK established diplomatic ties over 30-plus years ago, the bilateral relations have grown rapidly. Cooperation in economy and trade has yielded fruitful outcomes, bringing tangible benefit to the two peoples. The two sides have followed mutual respect, openness, inclusiveness and mutual benefit. These are valuable lessons that China and the ROK need to cherish and uphold over the long run, We hope that the ROK can work with China to adhere to the overall direction of friendship and mutual trust, respect each other’s core interest and major concerns and firmly be each other’s friendly neighbors who trust each other and partners who succeed together for the sound, steady and substantive growth of China-ROK relations.

Li Qiang stressed that China and the ROK have deeply intertwined industrial and supply chains. Our trade and economic cooperation has a solid foundation and great potential. The two sides need to join hands to explore new cooperation areas, expand the scope of cooperation, seize more development opportunities, reject turning trade and economic issues into political and security issues, and keep the industrial and supply chains of the two countries and the wider world stable and smooth. China stands ready to work with the ROK to speed up the second phase of China-ROK free trade agreement negotiations on a practical and balanced basis, and advance the building of the China-ROK (Changchun) International Cooperation Demonstration Zone. We look to working with the ROK to enhance cooperation in such areas as high-end manufacturing, new energy, artificial intelligence and bio-medicine. China will further ease market access, provide better service for foreign investment and continue to foster a market-oriented, law-based and internationalized business environment. More businesses from the ROK are welcome to invest and do business in China. The two sides need to have active sub-national, education, sports, media and youth exchanges, and further facilitate mutual understanding and friendship between the two peoples. China stands ready to work with the ROK to strengthen communication and coordination on the multilateral front and work for peaceful development of the region and the world.

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