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Korean, Chinese businesses urge governments to boost exchanges

Korean and Chinese businesspeople agreed to bolster exchanges by strengthening a 1.5-track dialogue platform consisting of both the private and public sectors, and to promote cooperation in the second phase of Korea-China free trade agreement negotiations, industrial cooperation and carbon neutrality, according to the Korea Chamber of Commerce and Industry (KCCI), Monday. The KCCI held the “3rd Korea-China Businessmen and Former High-ranking Government Official Dialogue” online in Seoul and Beijing Monday, together with the China Center for International Economic Exchange (CCIEE).

LS Group chief conducts first personnel reshuffle

LS Group Chairman Koo Ja-eun has conducted his first reshuffle of the group s top management since taking helm of the group at the beginning of the year. LS Group retained most of the CEOs of its major subsidiaries to focus on organizational stability and minimizing external and organizational changes in consideration of the global economic downturn, although the conglomerate is expected to log a record-high performance this year.

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