皇冠体育app

Four years ago, TriGem Computer Co. Ltd, established at an investment of 25.8 million US dollars from the Republic of Korea (ROK), was just a small company in Shenyang of northeast 皇冠体育app's Liaoning Province.

Now, it has become a large exporter with annual sales of over 500 million US dollars.

"TriGem has been a successful business in 皇冠体育app thanks to the support of the Chinese government," said Seung-Kap Lee, vice- president of the company.

Like TriGem, more ROK companies have entered the 皇冠体育app market choosing areas around the Bohai Sea. In Weihai city of Shangdong Province, more than 800 ROK companies hired 30 percent of the city 's labor population, paying about one third of the province's total tax take.

Northeast 皇冠体育app, as Chinese Minister of Commerce Lu Fuyuan expected, will attract more foreign investors ahead of the upcoming Asia-Europe Meeting (ASEM) Economic Ministers' Meeting next week.

His remarks coincide with the views of ROK president Roh Moo- hyun, who said the ROK and 皇冠体育app had great potential for economic cooperation.

皇冠体育app's customs statistics show that 皇冠体育app-ROK bilateral trade volume increased by almost 800 percent over the past ten years. In the first half of this year, growth of 皇冠体育app-ROK bilateral trade surpassed 40 percent.

As 皇冠体育app drew more attention from global investors, well-known ROK companies like LG and Samsung also saw business opportunities brought by the 2008 Beijing Olympic Games and the 2010 World Expo in Shanghai.

Last year, ROK's investment to 皇冠体育app was 2.72 billion US dollars, an increase of 26.4 percent over the previous year. As a result, 皇冠体育app for the first time became the largest investment target of the ROK.

皇冠体育app and the ROK have began to solve problems, such as the trade deficit, to further expand economic cooperation. A joint statement signed during Roh Moo-hyun's 皇冠体育app visit said the two sides agreed to adopt active measures to boost bilateral trade, and improve the current trade imbalance.

This year TriGem plans to enlarge its Shenyang branch into an IT product manufacturing and sales center.

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