China And South Korea Honeymoon Period Cultural Clothing Interchanges

"Gianna Jun windbreaker sales in China grew by 240%, and Kim Su Hyon's coat was sold out in China, which is the charm of" from the stars of you! "This TV show has achieved 2 billion 900 million yuan in China's economic efficiency, so we can see the role of Korean wave in promoting trade between China and South Korea.

Korea KOTRA Invest Korea

Industry expert Jin Zhenhao said.

And the representative of Kim Ho Ho

The industry is only part of the Korean service sector.

In August 27th, the "2014 South Korea service industry investment exposition" was held in Shanghai. The Minister of industry and Commerce resources of Korea, Kim Chang Yu, and the head of the Republic of Korea in Shanghai, Kong Fuan, deputy director of the Shanghai Business Council, and KOTRA Invest Korea officials, together with representatives from more than 200 enterprises and investment institutions, shared the environment and opportunities to invest in Korea's service industry.

Han Jiyuan, chief representative of KOTRA Invest Korea, said that the mission of Korea investment Ministry of Korea trade and investment revitalization commune is to provide services for Chinese enterprises to invest in Korea.

Trade volume has reached a new high.

At this briefing, Jin Changgui said that

Since the establishment of diplomatic relations, bilateral relations have deepened and trade has developed rapidly.

In 2013,

The bilateral trade volume reached US $274 billion 200 million, and it increased by 7% compared to the same period last year, which is equivalent to the sum of trade volume between Korea, the United States, South Korea and Japan.

This figure was only $5 billion at the beginning of the establishment of diplomatic relations 22 years ago.

In from July 3rd to 4th this year, President Xi Jinping visited South Korea.

The leaders of the two countries reached a consensus on the "timetable" for the establishment of the China South Korea Free Trade Zone in Seoul: we will strive for the completion of the Sino Korean FTA negotiations by the end of this year.

In fact, China and South Korea have initiated negotiations on the FTA between China and South Korea since 2012, which is widely regarded as a key measure for deepening economic and trade relations between the two countries.

FTA covers three major areas, namely, trade in goods, trade in services and investment, and will directly affect trade and investment between the two countries.

so far

The two sides have held 11 rounds of negotiations on the agreement. At present, Qingdao

Trade

The district has been officially launched in the New District of Huangdao.

With a bright name,

The construction of the free trade area has greatly promoted the further development of trade between the two countries. South Korea is now China's third largest trading partner and largest source of imports.

The Korean government hopes that the Chinese government will push ahead with the "going global" strategy of the Chinese enterprises, and the investment to Korea will be carried out at the speed of "running out".

Kong Fuan said that the amount of foreign direct investment in Shanghai from 1 to July has surpassed the amount of foreign capital for the first time, and the Korean service industry has a strong advantage. In the future, China and South Korea can jointly invest and trade in third countries.

Korean real estate and Tourism

In recent months, Chinese mothers who have won fame in the world war in Jintan seem to have turned their eyes to real estate in South Korea's Jeju Island, Busan, Seoul, Inchon and other places.

Han Jiyuan told the twenty-first Century economic report that China has become the largest source of investment in Jeju Island real estate. The 16 major investment projects totaled 9 billion 800 million yuan, attracting large enterprises such as China Greenland Group and blue Ting investment group.

About 80% of the foreign tourists to Jeju Island are Chinese.

Similarly, China is also the largest source of tourists in Busan. Last year, the total number of tourists was about 780 thousand, of which cruise passengers increased by 15%.

Han Jiyuan said that China's enthusiasm for real estate investment in Korea is inseparable from its considerable investment prospects. "The total return on investment in Korea is 5.5%-9.5%, ranking fifth in the Asia Pacific region, and the return on investment in Beijing and Shanghai in the Asia Pacific region is 7%-10%, 1.5% -4.5%, ranking fourth and twelfth respectively."

Of course, in order to attract more Chinese capital to enter, the Korean government has also launched a series of investment immigration policies and real estate, tourism investment projects.

Cui Minrong Commissioner of KOTRA Invest Korea said that at present, the amount of investment immigrants needed in Korea is two yuan in the form of RMB 3 million and 4 million 160 thousand yuan, which will last for at least 5 years. The investment target includes apartment hotels, senior villas, villa hotels, etc. the main investment areas are concentrated in Inchon, Busan, Jeju Island, Lishui and Pingchang.

The real estate investment immigration system of Jeju Island and Hai Ping Tai only absorbed more than 5 billion 200 million yuan of funds.

Cui Minrong also introduced the investment projects that are in line with the real estate investment immigration system and the potential projects, namely, the yacht docks of the ocean (expected to be completed in 2020), the East Busan tourist area, the Yong Zong comprehensive holiday village, and the Seoul international business center.

In terms of investment and mode of purchase, Cui Minrong said that there are mainly two kinds of investment, namely, sale and lease recycling, and green space (Greenfield) investment.

"What is worth noting is that Xin Wan Jin is building a Sino Korean economic cooperation park with a view to achieving the goal of" making together with China ".

It is expected that the cooperation park will be completed in 2020, and Chinese investors are expected to visit. "

Accelerating cultural industry through multiple channels

As a traditional advantage of Korea, the cultural content industry continues to generate a wave of "Korean wave" in the world. The scale of the industry is ranked seventh in the world, and its ratio of GDP accounts for 3.9% in the world. Its annual growth rate is 4.8%, ranking second in the world.

In 2013, the sales volume of the Korean cultural industry reached 566 billion 500 million yuan, while the expected average growth rate in the next few years was 7.5%. By 2017, the industry's sales will reach 757 billion yuan.

Han Jiyuan said that with the increasing number of Internet users in China, the sales of Korean dramas in China will also increase. At present, the number of Korean dramas in China has exceeded 10 times that of Japanese dramas in China.

"But

It is also actively building a synchronous development mode of TV dramas, promoting the growth of the two cultural industries through indirect advertising, CO production, joint production of film companies and the establishment of Cultural Industries Fund.

The cultural industry fund is

One of the fund models recently supported by the two governments.

In July this year, President Xi Jinping signed the co production agreement with the South Korean government during the visit to South Korea. The two governments agreed to form a content co production fund with a scale of 200 billion won (about 1 billion 200 million RMB), which is expected to drive the development of private mutual funds.

Han Jiyuan said that in 2005, the Korean government had already formed a cultural industry parent fund, with a duration of 30 years, which was jointly funded by seven departments such as the SME office and the Ministry of culture. In 2014, the scale of the Korean fund had reached 1 trillion and 620 billion won (about 9 billion 600 million yuan), and the Korean government plans to set up a fund of 2 trillion won (11 billion 900 million yuan) this year to continue to support and expand the scale of the fund.

At present, the fund's average yield (IRR) is 8.72%.

Preparation for South Korea

fund

The industry is the third largest industry in Korea, next only to beverage and automobile fuel, and about 33% of them.

For foreigners, sales amounted to 79 billion 800 million yuan.

According to Jin Zhenhao, Korea

There are three main reasons why Chinese consumers love it: Korean influence, similar body shape and mature design.

China and South Korea are also planning to establish a "win-win" strategic investment between countries.

Fund.

According to Jin Zhenhao, the fund has been prepared for half a year. The shareholders of the fund are Korean China policy fund (20%), Korean and Chinese investors and other countries (a total of 80%). The capital scale is 100 billion won (about 600 million RMB), and the duration is at least 5 years.