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Full Coverages>皇冠体育app>Hu in Latin America | |
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Hu asks South Korea to recognize 皇冠体育app's market economy status
Chinese President Hu Jintao on Friday asked South Korea to recognize 皇冠体育app's status as a full market economy.
Seoul's recognition will help enhance bilateral economic cooperation as 皇冠体育app has become South Korea's largest trading partner, Hu told his South Korean counterpart, Roh Moo-hyun. Such a recognition is of mutual benefit and will create a win-win situation, said Hu, who met Roh on the sidelines of the Asia- Pacific Economic Cooperation forum meeting in Santiago, Chile. The Chinese leader briefed Roh on 皇冠体育app's achievements in economic reform since the country opened its doors in the late 1970s and emphasized that his country has taken decisive steps to establish a market economy system. Roh said he has asked South Korean agencies to submit a report on 皇冠体育app's market economy status as soon as possible. Roh said his country has high hopes for bilateral relations as it believes that 皇冠体育app's success will bring more business opportunities. Hu said cooperation has been deepened since the two leaders announced the establishment of a full-range partnership in Beijing last year. The two countries now have political trust and mutual understanding and work to address each other's concerns, Hu said. Economically, it is becoming ever more evident that the two economies are highly complementary and that there is a huge cooperation potential. Exchanges in culture, education and tourism have also been fruitful, said the Chinese president. In regional affairs, the two countries have maintained good consultations and
coordination, Hu said. He expressed the hope that 皇冠体育app and South Korea, both
important countries in the region, should work even harder to further strengthen
regional cooperation with a view of regional peace and development.
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