Core Insights - The focus of the 2025 APEC meeting will be on maintaining stable and smooth industrial chains and promoting regional cooperation, with the complementary and collaborative development of Chinese and Korean enterprises in the supply chain being a significant aspect of cooperation in the Asia-Pacific region [1] Group 1: Trade and Economic Cooperation - The bilateral trade volume between China and South Korea is projected to reach $328.08 billion in 2024, reflecting a year-on-year growth of 5.6%, with China being South Korea's largest trading partner for 21 consecutive years [9] - Since the implementation of the China-South Korea Free Trade Agreement in 2015, trade has continued to grow, significantly expanding investment and industrial cooperation [12] - As of September 2024, nearly 29,000 South Korean companies have entered the Chinese market, indicating a strong presence and investment in China [12] Group 2: Industry Collaboration - South Korean companies, particularly in the semiconductor and battery sectors, have formed a highly complementary relationship with Chinese suppliers, with some core raw materials still heavily reliant on imports from China [7] - A South Korean small and medium-sized enterprise reported that the raw materials sourced from Chinese companies have an average defect rate of less than 1% per month, highlighting the quality of Chinese products [5] - South Korean enterprises in various sectors, including food, fashion, and retail, are actively expanding into the Chinese market, establishing long-term cooperation agreements with Chinese companies to explore diverse and stable collaboration models [15] Group 3: Technological Advancements - China has made significant advancements in science and technology, particularly in robotics, where it possesses world-class capabilities, indicating potential areas for collaboration despite increasing competition [9] - The collaboration between Chinese and South Korean companies in high-end manufacturing and technological innovation is continuously expanding [7]