Minister Wang Wentao met with South Korean Minister of Trade, Industry and Energy, Kim Jeong-gon.

On March 18, Minister of Commerce Wang Wentao met with Minister of Industry and Commerce of South Korea Jin Zhengguan in Beijing. The two sides exchanged in-depth views on deepening China-South Korea economic and trade cooperation. Wang Wentao stated that this year marks the beginning of China's "14th Five-Year Plan" and China will continue to promote high-quality development and expand high-level opening-up without hesitation, which will bring more development opportunities for China-South Korea cooperation. China is willing to work with South Korea to earnestly implement the important consensus reached by the leaders of the two countries, accelerate the negotiation process of the second stage of the China-South Korea free trade agreement, maintain the stability of the industrial chain supply chain, deepen cooperation in the trade and investment fields, strengthen cooperation under regional and multilateral frameworks such as the World Trade Organization and the Asia-Pacific Economic Cooperation, and promote the healthy and stable development of China-South Korea economic and trade relations. Jin Zhengguan expressed that South Korea is willing to work with China to implement the important consensus reached by the leaders of the two countries, accelerate the negotiation process of the second stage of the China-South Korea free trade agreement, and maintain close communication on issues such as ensuring the stability and smooth operation of the industrial chain supply chain through bilateral economic and trade mechanisms such as the China-South Korea industry chain supply chain cooperation hotline and the China-South Korea export control dialogue. This article is compiled from the WeChat public account "Commerce Micro News," GMTEight editor: Liu Jiayin.