Update | Xi Jinping arrives in Seoul with huge business delegation as Beijing aims to boost trade ties
Xi Jinping has arrived in Seoul accompanied by a huge business delegation on his first trip to South Korea as president, as Beijing aims to elevate trade ties.
Xi Jinping has arrived in Seoul accompanied by a huge business delegation on his first trip to South Korea as president, as Beijing aims to elevate trade ties.
During his two-day visit, Xi will meet his South Korean counterpart, Park Geun-hye, and attend a business forum. Xi also will meet senior management from South Korean global electronic giants Samsung and LG.
Representatives from more than 100 Chinese companies will attend the business forum.
Several business deals are expected to be signed. For example, Chinese electronics firm TCL will sign a memorandum of understanding with SKC, which produces polyester films.
Jin Bosong, a senior researcher with the Minister of Commerce, said many senior executives from China's leading technology companies were joining the delegation because of the great potential for cooperation in the development in information technology.