The economic cooperation of China and Korea has achieved great development since the last decade as illustrated by the total trade volume of one hundred billion dollars between two countries in 2005. China has become Korea’s largest trade partner and Korea has become China’s third investing country.

Along with many Korean manufacturing companies coming into China, their logistics companies showed great interest in the knowledge of entry into China’s logistics market, especially on its competition status, the related policies and rules of China’s logistics management and how to select partners in China etc. So far, Shanghai YZJ Logistics Management Consulting Co., Ltd has successfully conducted fives training courses for Korean logistics managers in total. On 13th Dec its vice chair of the board, Prof. Zhou Liangyi was invited by Korean Chamber of Commerce to participate in the Seminar of China’s Logistics Market and also give a presentation.

The Seminar of China’s Logistics Market was co-sponsored by Korean Chamber of Commerce & Industry and Logistics Center of Korea University of Aeronautics and Astronautics in the newly built Lecture Hall of Korean Chamber of Commerce & Industry, which is at the rank of Seoul Top Ten office buildings. The Chairman of Korean Chamber of Commerce & Industry, Mr. Sang-Yeol KIM presided over the Seminar and had a friendly conversation with other lecturers.

The special lecture of “Key Factors for Korean Logistics Companies’ Entry into Chinese Logistics Market and Positioning of Partners” from Prof. Zhou Liangyi focused not only on China’s competition status but also on those issues of Korean managers’ concern which included the timing, areas, proper industries of entry into China and how to enter, by self construction or merging or joint ventures. Then good visions were expressed by all from China and Korea after the meeting.

Prof. Zhou Liangyi giving a lecture on the seminar of China’s logistics market sponsored by Korean Chamber of Commerce