China has been South Korea's largest trading partner for 21 consecutive years, while South Korea has regained its position as China's second largest trading partner.

At this year's APEC meeting, how to maintain the stability and smoothness of the industrial chain and promote regional cooperation has become the focus of attention from all parties. The deep cooperation of the industrial chain between China and South Korea injects strong momentum into regional sustainable development. The general manager of a South Korean small and medium-sized enterprise said that almost all of the company's required raw materials come from China, and has been cooperating with multiple Chinese suppliers for over fifteen years. Data shows that in 2024, the bilateral trade volume between China and South Korea reached 328.08 billion US dollars, a year-on-year increase of 5.6%. China has been South Korea's largest trading partner for 21 consecutive years, and South Korea has returned to being China's second largest trading partner. The report shows that China and South Korea have formed a highly complementary relationship in key links of the semiconductor and battery industries. South Korea still relies mainly on importing core raw materials from China, while Chinese companies continue to expand in high-end manufacturing and technology innovation through cooperation with South Korea.