Based on the system and field of international exchange and cooperation between local governments after the establishment of diplomatic relations between China and South Korea, this paper analyzes the characteristics and future issues of international exchange and cooperation between local governments of China and South Korea. The main achievements of bilateral cooperation are as follows: First, sister cities of friendship between the two sides have developed rapidly. Local government cooperation has both the characteristics of "transborder regional parallel diplomacy" and "trans regional parallel diplomacy". Second, local governments at all levels in South Korea paid relatively low attention to the cities in the central and western regions far away from South Korea in the early stage. In the past 10 years, local governments at all levels in South Korea have gradually started to form sister cities with cities in the central and western regions of China. Third, the bilateral and multilateral cooperation system mechanism of local government cooperation between China and South Korea has gradually became mature. Fourth, various forms of local cooperation at different levels enrich the content of cooperation between China and South Korea and become an important platform for people to people and cultural exchanges between China and South Korea. If it is the geographical and ethnic factors that play an important role in the initial stage of local government exchanges and cooperation between China and South Korea, the policy system will become a new driving force for bilateral cooperation, and the policy promotion at the government level of China and South Korea will become an important consideration for the rational choice of local government transnational cooperation.