（经济观察）APEC时间将启 中韩经贸合作有望开拓新空间

Core Insights - The upcoming APEC informal leaders' meeting in Gyeongju, South Korea, is expected to enhance China-South Korea economic cooperation and boost market confidence [1][3] - China has maintained its position as South Korea's largest trading partner for 21 consecutive years, with bilateral trade projected to reach $328.08 billion in 2024 [1] Economic Cooperation - China and South Korea have a solid economic cooperation foundation built over 33 years, with South Korea excelling in sectors like semiconductors, batteries, and hydrogen energy, while China offers unique advantages in industrial chains and market scale [1] - The two countries are significant drivers of regional economic integration, actively participating in agreements like RCEP and various cooperation mechanisms [1] Free Trade Agreement Developments - The year 2025 marks the tenth anniversary of the China-South Korea Free Trade Agreement, with ongoing negotiations for its second phase focusing on cross-border services, investment, and financial services [1][2] Local-Level Innovations - Local-level cooperation between China and South Korea is thriving, exemplified by the "twin cities" model between Weihai and Incheon, which has facilitated over 320 trade exchange activities since 2015, generating $1 billion in trade [2] - The establishment of efficient international logistics channels has spurred rapid growth in cross-border e-commerce, with Weihai's retail exports to South Korea leading the nation in 2024 [2] Tourism and Cultural Exchange - Enhanced people-to-people exchanges, including visa exemptions for ordinary passport holders from China and temporary visa-free entry for group tourists from China to South Korea, are fostering deeper economic ties [2]