Seoul, Beijing agree to strengthen reciprocal cooperation, expand shared interests
GYEONGJU, North Gyeongsang Province — President Lee Jae Myung and Chinese President Xi Jinping agreed to further develop a mutually beneficial cooperative relationship and expand shared interests during their bilateral summit, Saturday. The two leaders agreed to establish a regular communication channel between high-ranking officials to discuss regional and global issues and expand exchanges. The bilateral talks were held on the occasion of Xi’s first visit to South Korea in 11 years and his attendance at the Asia-Pacific Economic Cooperation (APEC) Leaders Meeting in Gyeongju, North Gyeongsang Province. During the opening remarks of the 97-minute talks, Lee noted that the mutually complementary and beneficial partnership that the two countries have built over the past three decades has significantly contributed to China’s rise as the world’s second-largest economy as well as to South Korea’s transformation into an advanced nation with strong global industrial competitiveness. He called for efforts to further advance this relationship. “As the structure of Korea–China econo
