www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Korean business communities see bright future

(Xinhua) Updated: 2014-07-04 10:25

QINGDAO - President Xi Jinping's two-day state visit to the Republic of Korea (ROK) which began on Thursday, has brought the feel good factor to China's Korean business community.

"I am looking forward to breakthroughs in the China-ROK Free Trade Area (FTA) negotiations, tariff reductions and yuan-won direct settlement," said Youngchul Lim, 51, a Korean who runs an electronics company in East China's Qingdao city.

Qingdao Toptone Electronics was the first business wholly funded by ROK capital in China, 25 years ago. Qingdao Toptone designs and develops computer speakers for big Korean firms like Samsung and LG Lim is transferring his assembly line to Vietnam and transforming the Qingdao plant into a research center.

"Rising labor costs have hit labor relations hard in coastal regions, forcing labor-intensive firms out," said Lim in fluent Chinese.

With its easy cargo access to the ROK across the Yellow Sea, it was cheap labor that first attracted him to Qingdao. Skilled workers, research talent and stable business ties with Chinese firms have made him keep R&D there while everything else goes south. Lim relocated his Guangzhou factory to Vietnam two years ago, but he believes that a China-ROK FTA will give firms based in China the edge.

Yong Ok Park is deputy manager of Qingdao Farest Gem & Jewelry Co Ltd,set up in 1993, one year after China and the ROK established diplomatic ties.

"The work force has shrunk from 1,500 to 800, but our main business will not leave China. There is nowhere in the world we could find so many skilled jewelers," said Park.

Korean business people are hoping for early implementation of a primary stage of the FTA. ROK investors had put $57.7 billion into China by April, and Chinese investment in the ROK increased to $1.2 billion.

Niu Linjie, head of the Korean College at Shandong University, observed how ROK investment - once concentrated in northeast China and along the coast - has been expanding inland. Investment in central and western regions is mostly high-tech. Samsung invested $167 million in plant producing NAND flash memory chips in Xi'an in the first half of this year.

POSCO-CJPC Co Ltd in Jilin province, close to the Korean border, is a joint venture between a local steel firm and Pohang Iron and Steel of the ROK, one of the world's biggest steelmakers. Production began in Oct 2012 and the business was in profit within ten months.

"That is almost unheard of the parent companies are fully confident in the prospects of cooperation," said Lee Pae-ho, general manager.

Niu believes both China and ROK are facing economic slow-downs. In such circumstances, Xi's visit is expected by both business communities to bring new opportunities.

Korean business communities see bright future

Korean business communities see bright future

5th Intl Science & Technology Exhibition and Fair held in Harbin Top 10 S. Korean companies operating in China

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 加勒比色久综合在线 | 国产免费福利体检区久久 | 日韩一区二区三区在线 | 黄色网址在线免费观看 | 国产精品久久久久久久久免费 | 好吊妞国产欧美日韩视频 | a一级特黄日本大片 s色 | 国内交换一区二区三区 | 国产男女爽爽爽爽爽免费视频 | 国产欧美在线观看不卡一 | 三级中文字幕 | 中文字幕亚洲一区 | 欧美不卡视频在线观看 | 美女视频永久黄网站免费观看韩国 | 亚洲免费在线视频观看 | 久久国产精品最新一区 | 亚洲最大免费视频网 | 欧美亚洲在线观看 | 亚洲字幕 | 亚洲综合一区二区不卡 | 亚洲国产高清人在线 | 一级特黄a视频 | 精品久久成人 | 伊人狠狠丁香婷婷综合色 | 午夜在线播放免费人成无 | 一区二区三区高清视频在线观看 | 久久精品国产99久久99久久久 | 极品美女户外勾搭无套 | 99久久99热久久精品免费看 | 欧美亚洲国产视频 | 日韩精品中文字幕在线观看 | 精品一区二区三区视频在线观看 | 99久久99这里只有免费费精品 | 欧美一级艳片视频免费观看 | 九九精品免费观看在线 | 成人自拍视频网站 | 欧美另类交视频 | 欧美毛片大全 | 国产成人精品免费视频网页大全 | 高清一级淫片a级中文字幕 高清一区二区 | 亚洲视频在线免费看 |