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Sunday, May 10, 2009

South Korean Trade Day shall be held to develop the Chinese market

By Zou

April 27 According to Yonhap News delineated on the 26th, the Korean state-owned trade advancement bureau - Trade-Investment Promotion Agency said, the bureau will holder the next Trade Day in alignment to help localized enterprises in the gigantic Chinese market to complex sales.

The agency said that on the 28th shall be held in Seoul organised via the Department of Trade Festival, there shall be 28 retail string of bridges operating in China business to take fraction in big wholesalers, the import fraction that may aid improve the local business market allocation in China.

The bureau said about 300 localized enterprises on how to complex future sales in the Chinese market and other is important Fair, held not less than 300 games.

Korea Trade-Investment Promotion Agency, an authorized said: "This trade presents an opening for carnival, localized enterprises may be adept to help them deal their goods to large wholesalers to enlist in direct talks." The authorized furthermore said that may be marked in agreement with collaboration affirmation, the part of this trade may help to boost the overseas sales of Korean enterprises.

It is described that the South Korean government has been boosting enterprises to trade items to China. China is South Korea's biggest products overseas markets. Last year, Korea's foreign sales accounted for 21.9% of total sales, but the present financial urgent position had directed to a down turn in sales to China.

Government policy-makers said that in alignment to boost trade items, localized enterprises need to pay more vigilance to the Chinese market, because the Chinese government's financial incentive design would advantage the market. - 21392

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