A joint economic and trade roundtable discussion was held by the Guangzhou municipal government and the Consulate General of South Korea in Guangzhou on Oct 31.

Newly established South Korean enterprises in Guangzhou have seen a year-on-year growth of 35.3 percent, with over 700 South Korean businesses now rooted in the city.

Both sides are optimistic about future collaborations, highlighting the favorable investment environment and opportunities that Guangzhou offers to South Korean enterprises.