In the process of China’s modernization of social and economic development, China has gradually expanded the scope of foreign trade, especially the deepening of economic and trade cooperation with South Korea, and the steady growth of bilateral trade and investment. However, during this period, it will be affected by internal and external factors, leading to the increasing trade deficit between China and South Korea. The frequent occurrence of trade friction has caused a serious impact on the economic and trade development of China and South Korea. Therefore, in the actual work, it is necessary to respond flexibly to the challenges, meet the opportunities and adopt scientific countermeasures according to the development status of Sino-South Korea economic and trade cooperation, so as to promote the continuous progress of the two countries’ economic and trade.

China and South Korea are friendly neighbors with a long history of exchanges and extremely similar cultural backgrounds, which provide favorable conditions for the development of Sino-South Korean trade. Moreover, the economies of the two countries are currently in different stages of development, and the industrial structures are complementary and each has its own needs, which also provides the necessity and reality for the economic and trade cooperation between the two countries. China and South Korea have a long history of trade. After the establishment of diplomatic relations between China and South Korea in 1992, bilateral trade has developed rapidly. China and South Korea trade has played a very important role in their respective foreign trade. If necessary, it also provides the necessity and reality for the economic and trade cooperation between the two countries, and lays the foundation for the establishment of the China-Korea Free Trade Zone. As peace-loving China and South Korea, which yearns for the complete reunification of the motherland, the sustained and healthy economic development of the two countries has more practical significance. The trade cooperation and exchanges between China and South Korea have been in a very friendly state on the whole, but there is also a small amount of trade. Friction, starting from the love of peace and the desire to continue friendship between China and South Korea, the author carefully studies the content and puts forward his own unique opinions, strives not to stick to the rules, and absorbs the essence of international trade formed by different cultural backgrounds. Do your part in relationship development

Since the establishment of diplomatic relations between China and South Korea for decades, the trade relations between the two countries have been developing towards a positive trend. Especially in recent years, for South Korea, China has become its largest trading partner, largest source of imports, and largest export destination. In contrast, for China, South Korea has also become an extremely important trading partner of China on a global scale. It can be seen that the development of China-South Korea economic and trade cooperation is an indispensable key force in the foreign trade of China and South Korea. In view of this, this article focuses on China-Korea economic and trade cooperation, discusses the development practice of China-Korea economic and trade cooperation, analyzes the opportunities and challenges in detail based on the current situation, and puts forward some countermeasures for reference only.

The continuous development of international logistics of China and Korea trade have influence, because of the geographical position advantage of the two countries, the trade is very convenient, in this paper, based on the development of international logistics trade of China and Korea are expounded, and put forward the development strategy, including perfecting the infrastructure, strengthen personnel training, strengthening the technical cooperation efficiency, promote bilateral trade contacts.

In the past ten years, the trade between China and South Korea has developed significantly, and there have also been corresponding progress in environmental protection, tourism, etc., which makes the economic and trade development prospects between the two countries bright. Since the financial crisis in 2008, the growth rate of the global economy has relatively slowed down, while the trade cooperation between China and South Korea has been further expanded. the trade cooperation has positive and progressive significance for the economic development of both countries. However, the current spread of protectionism between China and South Korea in trade has led to the gradual intensification of market competition, coupled with historical factors and other reasons, which have greatly affected the healthy development of trade between the two countries. Therefore, this paper mainly studies the economic effects between China and South Korea from the perspective of global value chain.

Purpose - This paper empirically investigates the role of volatility in the China’s Renminbi (RMB) exchange rate plays on the Sino-Korea trade based on the analysis of auto industry. Due to the increasing proportion of China’s share in the world trade, RMB exchange rate is getting attention worldwide. Due to the close Sino-Korea trade relationships and the special position that auto industry plays in a country’s economy, this paper examines the causal relationship between RMB exchange rate volatility and Sino-Korea trade in this sector. Design/Methodology - Econometric methods including Johansen test of Co-integration, Granger causality analysis and multiple regression analysis are employed to explore the impact of RMB exchange rate changes on Sino-Korea bilateral trade flow using time series data of from 2001 to 2017. Findings – The outcome shows the real exchange rate changes of RMB have a limited effect on the improvement of Sino-Korea trade. The result indicates that there is a steady long-term relationship between bilateral real exchange rate of RMB and Sino-Korea trade. However, since the elasticity of exchange rate is too small, the change of exchange rate has a limited influence on Sino-Korea trade. In a short-run there is no lag on Sino-Korea trade processed by the real exchange rate. Originality/value - Neither theoretical studies nor argument analysis have reached a common conclusion on this point in the extant research. Even for the same country, the difference of industry, data and model they selected could result in the different results. Thus, this study is re-assessing the RMB’s exchange rate changes and Sino-Korea trade relationship by using the most recent and industry-level trade data. To examine the relationship this paper focuses on auto industry, the representative of the manufacturing industry in both countries.

The progress of tourism industry between China and P.Korea have common interests. Tourism cooperation is helpful to realize the complementary advantages and is conducive to regional peace and security. In this paper, find out the measures to promote the progress of tourism cooperation between China and P.Korea through analyzing the market situation of China and P.Korea tourism cooperation in order to provide some advice for the progress of China and P. Korea tourism cooperation.