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Key Points

SK Group Chairman Chey Tae-won made a three-day visit to China to build support for the upcoming APEC CEO Summit. He met with key Chinese officials including Vice Premier He Lifeng in Beijing and Shanghai Mayor Chen Jining. The discussions centered on strengthening bilateral economic cooperation and private-sector exchanges between companies. SK Group also announced it will host an AI forum featuring global tech leaders like Nvidia and OpenAI during the APEC events.

Key Points: SK Chairman Chey Tae-won Visits China Ahead of APEC Summit

  • Chey met Chinese Vice Premier He Lifeng to discuss economic cooperation
  • The visit focused on enhancing private-sector exchanges between companies
  • SK Group will host AI forum with Nvidia and OpenAI participation
  • APEC summit expects attendance from Trump and Xi Jinping
2 min read

S. Korean business chief visits China ahead of APEC CEO Summit

SK Group Chairman Chey Tae-won visits China to boost APEC CEO Summit support, meeting top officials and promoting AI forum with Nvidia and OpenAI.

"SK will host the Future Tech Forum AI at Gyeongju Expo Grand Park - SK Group Press Release"

Seoul, Oct 12

The head of a major South Korean business organisation visited China to rev up support for the successful hosting of the upcoming Asia-Pacific Economic Cooperation (APEC) CEO Summit later this month, the organisation said on Sunday.

SK Group Chairman Chey Tae-won, who is also serving as the head of the Korea Chamber of Commerce and Industry (KCCI), has visited China to bolster support for the successful hosting of the upcoming APEC CEO Summit in South Korea, the KCCI said, reports Yonhap news agency.

Chey embarked on a three-day trip to Beijing and Shanghai beginning Friday, roughly two weeks ahead of the APEC CEO Summit, an official side event of the multilateral forum of APEC leaders, to be held from Oct. 28 to 31 in Gyeongju, located about 330 kilometers southeast of Seoul.

Chey first met with key Chinese officials, including Vice Premier He Lifeng and Ren Hongbin, chairman of the China Council for the Promotion of International Trade, in Beijing on Friday.

The discussions focused on the current state of bilateral economic cooperation and ways to enhance private-sector exchanges between companies of the two nations.

During his stay in Shanghai over the weekend, Chey also met with Shanghai Mayor Chen Jining and participated in the International Business Leaders Advisory Council for the Mayor of Shanghai, a forum that brings together global business leaders to advise on the city's economic development.

Meanwhile, SK Group, a South Korean chip-to-defence conglomerate, said on Sunday it will present its vision for artificial intelligence (AI) development on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, as part of efforts to expand the global AI ecosystem.

SK will host the Future Tech Forum AI at Gyeongju Expo Grand Park in the southeastern city of Gyeongju, bringing together government officials and top executives from global tech leaders, including U.S. AI chipmaker Nvidia and OpenAI, the company behind ChatGPT, the group said in a press release. The forum, set for Oct 28-31, is an official side event of the APEC CEO Summit, which runs alongside the APEC summit.

The APEC summit will take place in Gyeongju from Oct. 31 to Nov. 1, with U.S. President Donald Trump and Chinese President Xi Jinping expected to attend.

—IANS

- IANS

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Reader Comments

R
Rohit P
While this Korea-China cooperation is positive, I wonder why India isn't playing a more prominent role in these tech forums. We have so much AI talent that could benefit from such platforms. Hope our government takes note.
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Arjun K
The timing is interesting with Trump and Xi both attending. Hope this leads to more stability in the region. India should also strengthen ties with both Korea and China for better economic opportunities. 🇮🇳
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Sarah B
As someone working in tech, I'm excited about the AI forum with Nvidia and OpenAI. India's startup ecosystem could learn from such international collaborations. Maybe next time they'll include Indian tech leaders too!
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Vikram M
Good initiative by SK Group. In India, we need more such industry-led diplomacy. Our chambers of commerce should take inspiration from KCCI's proactive approach to building international partnerships.
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Michael C
While the cooperation is commendable, I hope such forums address the digital divide in our region. Many rural areas in India still lack basic tech infrastructure while we talk about advanced AI. Balance is needed.

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