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Friday, May 22, 2009

South Korean Trade Day will be held to grow the Chinese market

By Zou

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

The bureau said that on the 28th will be held in Seoul coordinated by the Department of Trade Festival, there will be 28 retail string of connections functioning in China enterprise to take part in large-scale wholesalers, the trade part that may help advance the localized enterprise market share in China.

The agency said approximate 300 local businesses on how to expand future sales in the Chinese market and other issues Fair, held at least 300 games.

Korea Trade-Investment Promotion Agency, an official said: "This import gifts an opportunity for festival, local businesses may be able to aid them sell their products to great wholesalers to engage in guide talks." The official also said that may be labeled in accordance with cooperation agreement, the fraction of this import may aid to bolster the abroad 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 enhance trade details, localized enterprises need to pay more vigilance to the Chinese market, because the Chinese government's fiscal enticement create would superiority the market. - 21393

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