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Korea’s investment in China : Status and prospects

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Frame of Image  trade surpluses and retaining sunset industries, which would otherwise die out due to their loss of competitiveness. China’s accession to the World Trade Organization (WTO) and continued success in attracting foreign investment will likely enable Beijing to maintain rapid growths for the next several years. Korean corporate investment in China, therefore, will increase, and investment sectors and types will likely make a transition from labor-intensive industries — mostly consisting of small- and medium-sized companies — to high value-added fields and large-scale joint ventures. Meanwhile, investment regions are expected to further expand into Shanghai and like places rather than being confined to Shandong and the three Northeast provinces (Heilongjiang, Jilin, and Liaoning) neighboring Korea. For Korean businesses to make more efficient investments, the Korean government should increase support for small- and medium-sized companies, which tend to lack information, funding, and human resources, to facilitate their advance into China; seek to establish a Korea-China cooperative model that is both productive and complementary; and make efforts to improve the domestic business climate.
2 Policy Brief 2002-6, October 2002
I. Status of Koreas Investment in China
Overview of Investment
Despite the short period since the normalization of Korea-China diplomatic relations in August 1992, trade and investment have expanded rapidly between the two countries. As of the end of 2001, Kore


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Title Korea’s investment in China
Similar Titles
Sub Title

Status and prospects

Material Type Reports
Author(English)

Ahn, Hyo-seung

Publisher

[Seoul]:Korea National Diplomatic Academy(The Institute of Foreign Affairs and National Security)

Date 2002-10
Series Title; No Policy Brief / 2002-6
Pages 16
Subject Country China(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Administration
Holding KNDA(IFANS); KDI School