China–South Korea relations enter 'new era' with Yoon election win

China on Thursday congratulated Yoon Suk-yeol on his election as the new South Korean president

Yoon Suk-yeol, a conservative former top prosecutor, was elected South Korea's new president. During his campaign, Yoon had indicated that his foreign policies would be a stark departure from that of his outgoing predecesor Moon Jae-in. He stressed that he would be strengthening the digital-data economy, creating a new model to solve economic polarization and promote social mobility, as well as building closer economic ties with China. In this episode of BizBeat, CGTN's Zheng Junfeng explains.

Speaking at a daily press briefing, Chinese Foreign Ministry spokesperson Zhao Lijian hailed China and South Korea as crucial partners who cannot be separated from each other.

Noting that this year marks the 30th anniversary of the establishment of diplomatic relations between the two neighbors, Zhao said China and South Korea have seen their relations develop rapidly over the decades.

That brings tangible benefits to the two countries and the two peoples, and makes positive contributions to regional peace and development, he added.

China stands ready to work together with South Korea to take the 30th anniversary as an opportunity to promote the healthy and stable development of bilateral relations for the betterment of the two peoples, Zhao said.