Two South Korean trade agencies said Monday that they will jointly hold an event
later this month aimed at providing local companies with a chance to meet with
Chinese buyers and help them advance into the world's largest consumer
market.
The "2012 China Business Plaza" will be held by the Korea
Trade-Investment Promotion Agency (KOTRA) and the Korea International Trade
Association in Seoul on Oct. 29-30, according to officials of the two
organizations.
The officials said that the event is designed to invite
about 100 Chinese companies in the renewable energy, new materials, IT, energy
and environment sectors.
South Korean companies will have a chance to
meet one-on-one with such potential buyers during the two-day event, they
added.
The event comes as many rush to preempt the Chinese market in a
bid to ease shocks coming from export fluctuations sparked by the global
economic slowdown.
China is viewed as the largest consumer market in the
world equipped with a population of about 1.5 billion, which offers many
business opportunities and sustainable demand for exporters here.