Ministry of Industry and Information Technology: Promote cooperation in key areas such as semiconductors and lithium batteries between China and South Korea.

On March 18, the fifth China-Korea Industry Cooperation Ministerial Dialogue was held in Beijing. Minister of Industry and Information Technology Li Lecheng proposed three suggestions for future China-Korea industry cooperation: first, to grasp strategic opportunities together, deepen cooperation in high-tech and emerging fields of the two countries, and promote high-quality development of manufacturing industry; second, to deepen consensus and enhance practical effectiveness, promote practical cooperation in key areas such as semiconductors, lithium batteries, industrial green development, and silver-haired economy; third, to continuously optimize services and stimulate market potential. The Chinese side will create favorable conditions for foreign enterprises, including Korean companies, to develop in China, and hopes that Korean companies will continue to have confidence in China, invest in China, and establish roots in China.