Significant talks
The fourth strategic high-level dialogue between China and the Republic of Korea (ROK) has enabled officials from the two sides to have a thorough discussion on issues of mutual concern. For bilateral ties to grow steadily and healthily, both countries need such an important platform to strengthen the dynamics of their interaction and explore solutions to some thorny issues.
As close neighbors enjoying friendly ties, China and the ROK have maintained a good momentum in their cooperation in trade and other fields. In 2010, the volume of bilateral trade set a historical record, reaching $200 billion.
Both Beijing and Seoul have realized that their reciprocal cooperation is a win-win strategy and they need to continuously inject new vitality into it. Their cooperation has taken on even greater significance under the backdrop of the global economic recession, as their robust trade not only brings benefits to themselves, it also contributes to regional and world growth as well.