Lee Jae-myung Meets with He Lifeng, Both Sides Mention Strengthening Korea-China Exchange and Cooperation

South Korean President Lee Jae-myung met with Chinese Vice Premier He Lifeng, emphasizing substantial cooperation in diverse fields such as economy and culture. Vice Premier He also expressed his willingness to develop the China-Korea strategic cooperative partnership, signaling a new phase in bilateral relations.
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  • 📰 Published: May 13, 2026 at 18:57
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(Central News Agency, Shanghai, May 13) South Korean President Lee Jae-myung met with Chinese State Council Vice Premier He Lifeng at the Blue House in South Korea today. Lee stated that the two countries should strive for substantive results in areas such as economy, industry, trade, and culture. He Lifeng responded that China is willing to deepen exchanges and cooperation with South Korea to develop the "China-Korea strategic cooperative partnership."

The Trump-Xi summit is set to take place in Beijing tomorrow, and U.S. Treasury Secretary Scott Bessent held trade and economic consultations with He Lifeng in South Korea today. According to Yonhap News Agency, citing sources from the South Korean presidential office, Lee Jae-myung met with He Lifeng and Scott Bessent successively this morning.

According to Xinhua News Agency, He Lifeng told Lee Jae-myung that since the end of last year, Chinese President Xi Jinping and Lee Jae-myung have achieved mutual visits in a short period, leading the China-Korea relationship into a new phase of improvement and development. China is willing to work with South Korea to implement the important consensus reached by the two heads of state, strengthen communication, enhance mutual trust, deepen exchanges and cooperation, and maintain and develop the China-Korea strategic cooperative partnership.

According to Yonhap News Agency, Lee Jae-myung expressed his hope that the two countries would follow the trend of the times and promote the development of bilateral relations in a direction that benefits the people of both nations. Based on the consensus on the direction of bilateral relations, the two countries should strive for substantive results in economy, industry, trade, and culture.

Yonhap also reported that during his meeting with Bessent, Lee Jae-myung stated that the two countries need to further strengthen economic and technological cooperation, especially highlighting the necessity of cooperation in critical minerals, supply chains, and foreign exchange markets. Bessent agreed, noting that South Korea has shown surprising performance in economic growth and stock markets despite difficult external conditions like the war in the Middle East.

Furthermore, according to Xinhua News Agency, during today's trade and economic consultations between He Lifeng and Bessent, both sides, guided by the "important consensus of the two heads of state" and adhering to the principles of "mutual respect, peaceful coexistence, and win-win cooperation," had a "frank, in-depth, and constructive" exchange on resolving economic and trade issues of mutual concern and further expanding practical cooperation. (Editor: Chiu Kuo-chiang) 1150513