Today marks the start of President Lee Jae Myung’s four-day state visit (January 4–7, 2026) to the Chinese mainland, and he’s not alone. Top ROK business leaders—Samsung’s Lee Jae-yong, SK’s Chey Tae-won, Hyundai’s Chung Eui-sun and LG’s Koo Kwang-mo—are on board, showing that economics and diplomacy are in perfect sync. 🚀
Since 2004, the Chinese mainland has been ROK’s largest trading partner, accounting for roughly a quarter of its exports. Even amid global supply-chain shifts, bilateral trade reached US$298.9 billion from January to November 2025, proving this relationship can weather storms.
For ROK giants in semiconductors, batteries, EVs, petrochemicals and consumer electronics, the Chinese mainland is more than a market—it’s a manufacturing base, a tech collaborator and a booming consumer hub. Ignoring this would be like leaving your favorite K-drama unfinished. 🍜🤝
The business delegation goes beyond symbolism. It covers next-gen industries where standards are still being written. ROK battery leaders like LG Energy Solution and SK On rely on mainland suppliers for cathodes, anodes and rare-earths. A pragmatic stance helps manage risks without losing access to critical inputs or shared innovation.
Diplomatic moves like a reciprocal visa waiver for short stays between Beijing and Seoul make it easier for entrepreneurs, students and travelers to connect. Before COVID-19, nearly 10 million trips happened every year. Restoring these flows isn’t just about tourism; it’s about rebuilding trust and keeping economic ties stable in uncertain times.
Reference(s):
Business, balance and the future: ROK's sustainable path with China
cgtn.com
