The construction of new infrastructure by the Chinese government promotes the development of digital twin city. The digital twin city is an important component of the new infrastructure, and the construction of the new infrastructure accelerates the emergence of the digital twin city. New...

The Korean apparel industry is a high value-added industry that creates value by fusing fashion design, highly-sensitive and functional materials and brand value.In addition, the apparel industry, which consists of planning and design - patterns, samples, sewing and marketing - is a job-creating...

One of the main implications of China’s policy paradigm shift, Xin Chang Tai is that the government starts to concentrate its domestic market to pursue quality of economy development rather than expansion of their economic size. Since the Korean petrochemical industry has heavily relied on...

Amid increasing implementations of various regulations and measures for environmental protection in many countries with the widening awareness of environmental issues, the discussion of trade liberalization of environmental goods and services (EGS) in the international community has also been...

In order to vitalize the domestic economy, the new Korean government adopted the economic concept of the ‘Creative Economy (afterwards, CE)’, which is accompanied by various interpretations. In fact, the CE can have many different approaches in accordance with aims and targets, whether they...

Bilateral economic relations between India and Korea seem to have improved considerably after the Comprehensive Economic Partnership Agreement (CEPA) between the two countries came into force in January 2010. This was reflected in a dramatic rise in India’s bilateral trade with Korea from US$...

China, the largest trading partner of Korea, is emerging as a key player in the world economy. However, China’s processing trade is not emphasized despite its role and importance due to the wrong perception concerning processing trade. Only low value-added products are associated with...

It is necessary to investigate the paradigm shift caused by reduced differences in the competitiveness between Korea and Japan. Due to fast growth of Korean companies, their cooperative relationship has changed from a vertical relationship to a horizontal partnership in supply chain...

In the first year of the second decade in the 21st century, Korea entered upon the one-trillion-dollar trade era and is about to take a leap forward. As the goal of one-trillion-dollar trade volume was accomplished right after Korean GDP reached 1 trillion dollars, the accomplishment is...

In the Made in China 2025 initiative, it is proposed that China should strive to “accelerate the coordinated development of manufacturing and services, drive the innovation of business mode and business, and promote the transition of production-oriented manufacturing to service-oriented...