Korean media: China is no longer a "export back garden" in South Korea

"South Korea Economy" on August 19th, original topic: 30 years of South Korea and China trade, cutting -edge technology was reversed on the 30th anniversary of the establishment of diplomatic relations between South Korea and China. The three -year -old South Korean technology level of China has also lagged behind China by 0.1 years in 2020. Among the 11 industries surveyed, in addition to the national defense field, the survey and analysis of the construction of transportation, disaster prevention safety, aerospace, machinery manufacturing, nanomaterials, agricultural and forestry aquatic food, biomedical, energy resources, environmental meteorological, information communication technology and software 10 areas. In 2010, in addition to 0.1 years behind China in the field of aerospace, nine of the other nine are the lead. But by 2020, South Korea was overtaken by China in multiple fields -aerospace, biomedical, energy resources, information and communication technology and software. The most noticeable of these is that South Korea, which was originally regarded as an IT power, has given dominance to China in new generation technologies such as mobile communication, system software, artificial intelligence, and virtual technology. In the remaining several areas, South Korea is leading China for about half a year. Li Zhengdong, a professor at the School of Engineering of the Seoul University, said that South Korea has adhered to the development strategy of catching up with developed countries. In order to ensure technical sovereignty, South Korea is now changing to a pilot development model. (Author Jiang Qingmin)

South Korea's "Seoul News" on August 19th and China establishment of diplomatic relations have become the main driving force for South Korea's economic growth. However, as South Korea has been showing a monthly trade deficit to China in the past three months after the establishment of diplomatic relations between South Korea in South Korea and China, the formula of "China = Export Garden" has become the past. With the huge domestic demand market, China has cultivated local enterprises and enhanced its technical strength to enhance the self -sufficiency rate. South Korea's export competitiveness is shaking.

In the past, South Korea and China Trade have been intermediate products such as South Korea's export parts. China has processed into a division of labor in the world. As China promotes industrial upgrading, the competition between China and South Korea has gradually begun. In South Korea with relatively competitive advantages, LCD screens, smartphones, electric vehicles and new energy batteries are now the biggest competitors. Ignoring China, which has been preaching in the West, accelerates the localization of core technology and speed ups to build its own supply chain. It seems that there is only one field of anti -overturning field in South Korea: semiconductors.

South Korea has developed a trade deficit in China for the last three consecutive months, which is the first time that the two countries have established diplomatic relations in the 30 years. Analysts believe that this impact is just the beginning. Economists pointed out that as early as the epidemic, the signs of changes in the trade structure of the South Korean and Chinese trade have already appeared. With the intensification of Sino -US contradictions and the increasing international supply chain collapse, this change is accelerating.

Han Zaizhen, the head of the Global Economic Team of the Modern Research Institute of Korea, said: "If you cannot increase the technological advantages of South Korea, such as semiconductor and clean batteries to maintain research and development in South Korea to maintain the competitiveness of the Korean industry, the crisis may soon come. We need to find a way to achieve a win -win situation between China and the United States. "Hong Zhixiang, a researcher at the International Trade and Commerce Research Institute of the South Korean Trade Association:" The reduction in exports to China will lead to decreased global exports in South Korea, so the diversification of the export market is imminent. It is also necessary to strengthen the export marketing strategy to respond to the changes in China's local situation flexibly. "(Author Zheng Ruilin, etc., translated by Zhang Jing)

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