Trade Between China And South Korea Is Closer. South Korea Signed Free Trade Agreements With 52 Countries.

Since the formal signing of the free trade agreement (FTA) between China and South Korea, the trade between China and South Korea has been more closely related. Recently, the Ministry of industry and Commerce of Korea and the trade and Investment Promotion Association of Korea launched the Eleventh "For-eign Investment Week" campaign. The reporter interviewed that the South Korean government is stepping up efforts to attract foreign investment. What is the investment environment of South Korea? What kind of business opportunities and investment policies are there? This reporter interviewed FTA.

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Li Renhao, Minister of trade and investment in South Korea's Ministry of industry, said: "the signing of the free trade agreement between South Korea and China will provide the best opportunity to invest in Korea, and become an overseas entry and exit form to enter the world market based on South Korea as a stronghold" by Seoul's 2015 Foreign InvestmentWeek.

Opportunity. "

South Korea's Ministry of industry, commerce and resources officials elaborated on several advantages of investing in Korea: convenient geographical location, excellent business environment and strong

The Internet and the government's strong support for foreign investment.

From the geographical location, starting from Korea, the flight distance is less than 4 hours, and there are 147 cities with a population of more than 1 million. It can start business for 3 billion 900 million people in the whole world, especially adjacent to China's first tier cities such as Beijing and Shanghai, and occupy the best location for developing the Chinese market.

In addition, South Korea has invested heavily in research and development of high and new industries, and has highly specialized and highly skilled talents.

"Chinese enterprises can invest in Korea, return to the Chinese market, or enter the global market through the springboard of South Korea."

Officials from the Ministry of industry and Commerce resources of Korea said that Chinese enterprises could enter the Chinese market again through the favorable factors such as "Korea made" and FTA tariff preferential policies.

With the signing of FTA by 52 countries, including Korea and the United States and Europe, Chinese enterprises can take advantage of Korea to better enter the global market.

Over the past more than 10 years, South Korea has become a "key country" from the "marginal countries" of FTA. So far, South Korea has signed free trade agreements with 52 countries, and the total number of FTA signatories has accounted for 73.5% of the world's total. It is also the only Asian country that has signed FTA with the three largest economies of the United States, the European Union and China. This is also the biggest advantage that Korea attracts foreign investment.

The signing of the China South Korea free trade agreement is for multinational enterprises coveted by the huge Chinese market. By investing in Korea, the products are labeled "made in Korea" and exported to China. The products eliminate trade barriers and will undoubtedly have more competitive advantages.