From March 14th-15th, the fourth China-Korea technology exhibition and negotiation¹, co-sponsored by MOFCOM and Ministry² of Commerce, Industry and Energy of Korea, was successfully held in Korea. Nearly 100 high-tech³ products were shown on the exhibition, concerning electronic information, Aviation and Aerospace、Bio-medical、energy-saving and environment protection technology、machinery etc.

　　It was a success. The contractual value was US$ 169.5 billion, of which Guangdong Zhanjiang Household Electric Appliances Industrial Co., Ltd. signed the US$ 10 million export and cooperation contract with Korean ESCO company; and Qinghai Newway Environment Sanitang Equipment Manufacturing Co,.Ltd and E.A.Tech signed the contract on the kitchen rubbish processing equipment with a value of 6.7 million. Intended transactions reached US $ 165 million

　　The exhibition is held against the background of faster exchanges and cooperation between China and Korea. Since the establishment of diplomatic relationship, bilateral⁴ trade between China and Korea had maintained the rapid growth between 20% and 30%.

　　In 2005, bilateral trade reached US$ 111.9 billion with an increase of 24.3%. reaching the target of US$ 100 billion set for 2008. Now, the Korea has become the sixth trading partner of China; Imports and exports of High-tech products between China and Korea has reached US$ 32.9 billion, up by 36.6%; which made Korea the seventh high-tech trading partner of China in high-tech, China has introduced 617 technologies from Korea, which was the fourth technological resource of China's imports, with contractual value of US$ 900 million,

　　It is predicted that the bilateral trade between China and Korea will realize US$ 2000 in 2012, the twenty anniversary of establishing the diplomatic relations, of which the trade value of high-tech products will exceed US$ 70 billion

上一篇：The first session of China-Iceland Feasibility Study on FTZ 下一篇：Monitoring and Early Warning System of Import and Export