Beijing: China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains, amid global concerns over chip supplies, sanctions and national security, China’s commerce minister said.
Wang Wentao met with South Korean trade minister Ahn Duk-geun on the sidelines of the Asia-Pacific Economic Cooperation conference in Detroit, which ended on Friday. They exchanged views on maintaining the stability of the industrial supply chain and strengthening cooperation in bilateral, regional and multilateral fields, said a statement from the Chinese ministry of commerce on Saturday.
Wang also said China is willing to work with South Korea to deepen trade ties and investment cooperation.
A South Korean statement on the same meeting did not mention chips, instead saying the country’s trade minister had asked China to stabilise the supply of key raw materials, and asked for a predictable business environment for Korean firms in China.
Wang Wentao met with South Korean trade minister Ahn Duk-geun on the sidelines of the Asia-Pacific Economic Cooperation conference in Detroit, which ended on Friday. They exchanged views on maintaining the stability of the industrial supply chain and strengthening cooperation in bilateral, regional and multilateral fields, said a statement from the Chinese ministry of commerce on Saturday.
Wang also said China is willing to work with South Korea to deepen trade ties and investment cooperation.
A South Korean statement on the same meeting did not mention chips, instead saying the country’s trade minister had asked China to stabilise the supply of key raw materials, and asked for a predictable business environment for Korean firms in China.