40% of ROK's foreign investment flows into China --... -
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Published on: 10/11/2008
Last Visited: 9/8/2006
ROK investment in China has increased rapidly along with bilateral trade, said Joon Kyung Kim, deputy director of the ROK's Development and Study Institute.
He said 85 percent of investment focused on electronics manufacturing, mostly in east China's Shandong Province, followed by Jiangsu Province and Tianjin Municipality.
The main investment form was assembly cooperation and trade, involving the export manufactured parts to China for assembly into completed products to be sold in China or exported.
"This will also be the main form of future investment in China's west," Joon told an economic forum in Nanning, capital of south China's Guangxi Zhuang Autonomous Region.
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