en.Wedoany.com Reported - On June 4, Vice Minister of Industry and Information Technology Xiong Jijun met with SK China Chairman Park Sung-taek in Beijing. The two sides exchanged views on SK Group's development in China. Heads of relevant departments under the Ministry of Industry and Information Technology attended the meeting.
This meeting focused on the sustained operations and industrial cooperation of foreign-invested enterprises in China's industrial and information technology sectors. China's electronic information manufacturing, new energy vehicles, power batteries, semiconductor materials, energy chemicals, and digital infrastructure industries are in a phase of transformation and upgrading. Foreign-invested enterprises still play an important role in technology, manufacturing, supply chains, and market coordination. During the exchange, the Ministry of Industry and Information Technology emphasized that China's economy has great development potential, broad market prospects, stable policy expectations, and a sound security environment, making it an important market for foreign enterprises to invest and operate. Addressing the development needs of Korean enterprises in China, the ministry also stated that it will continue to create a market-oriented, law-based, and internationalized business environment, supporting the long-term operations of foreign-invested enterprises in China.
SK Group has deep ties with China's industrial supply chain, with its business in China spanning semiconductors, power batteries, energy chemicals, biopharmaceuticals, information technology services, logistics, and other fields. Public information shows that SK entered the Chinese market early and has established multiple member companies and legal entities in China, forming long-term layouts in semiconductors, power batteries, and energy chemicals. For China's manufacturing sector, the cooperation of multinational enterprises like SK Group in China is not limited to individual investment projects but also involves multiple links such as memory manufacturing, new energy vehicle supply chains, chemical materials, green energy, and digital services.
The signal from this meeting is that China still hopes foreign-invested enterprises will participate more deeply in the new industrialization process and establish stable, predictable supply-demand cooperation relationships with Chinese enterprises. For SK Group, the Chinese market, with its complete manufacturing system, vast application scenarios, and continuously expanding industrial upgrading needs, remains an important part of its global business portfolio. As the global semiconductor, battery, AI computing power, advanced materials, and green energy industry chains accelerate restructuring, the cooperation models of multinational enterprises in China are also gradually extending from early manufacturing investments to joint R&D, supply chain collaboration, scenario application, and industrial ecosystem co-building.
During the meeting, Park Sung-taek mentioned that SK Group has been deeply rooted in the Chinese market for many years, is optimistic about China's economic development prospects and business environment, and is willing to continue investing and laying out in China to promote the high-quality common development of industries in both countries. The key to future cooperation between the two sides will focus on whether SK Group can continue to expand industrial synergy around China's new industrialization, advanced manufacturing, green and low-carbon development, and digital economy, while forming clearer project footholds in supply chain stability, technological cooperation, and localized operations.
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