Lee calls for stronger economic cooperation at Beijing forum

President Lee Jae Myung speaks at a forum in Beijing on Jan. 5, 2026. YonhapSEOUL, January 5 (AJP) - President Lee Jae-myung called for stronger "economic cooperation" between South Korea and China during a business forum in Beijing on Monday, where he met with a slew of corporate leaders and executives from both countries as part of his state visit.

In his opening remarks, Lee said the two countries were "like ships sailing on the same sea in the same direction," adding, "The two countries have worked together while also competing with each other on this great journey."

Lee further explained that the two countries have achieved economic growth and technological advances at the forefront of the global economy, but the current global trade environment no longer allows them to "easily follow the same set route as in the past."

"A rapidly changing technology and unpredictable supply chains require us to chart a new path," he stressed.

Pointing out that bilateral trade has stalled at around US$300 billion, he emphasized the need to open new routes and new markets.

Lee said a "new level of cooperation" would be enabled as the two countries share similar historical and cultural values due to geographic proximity, highlighting that artificial intelligence (AI) could further accelerate it across various sectors including manufacturing and service industries.

Citing Chinese President Xi Jinping's reference to South Korea as an "inseparable neighbor," Lee expressed hope that the forum would help participants make a fresh start toward a "mutually beneficial, friendly relationship in economic sectors" through candid talks and discussions.

After wrapping up the forum, Lee is set to hold talks with Xi later in the day.
Jeong Hae-hun 기자 ewigjung@ajunews.com