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Korea, China streamline official document certification process

Korea and China are simplifying their official document certification process, with the latter implementing the Apostille Convention, Tuesday. ....

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5 foreign firms pledge $940 million in investments in Korea

BUSAN — Five foreign companies from the U.S., Japan, France, Spain and Thailand have agreed to invest a combined $940 million in Korea’s advanced technology sectors, the industry ministry said Tuesday. ....

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New horizons in global talent development: future of Korean universities

As AI and ChatGPT drive work automation and staff reductions, the talent shortage issue is becoming increasingly severe in Korea and globally. In May 2023, Forbes reported that 77 percent of global enterprises are struggling to find talent, a more than twofold increase from 38 percent in 2015, marking a 17-year high. According to research by global talent and organizational consulting firm Korn Ferry, the global talent shortage is predicted to reach 85 million by 2030, potentially leading to an unrealized annual revenue of about 8.5 trillion dollars. This scenario, along with the advancement in IT technology, will increase the demand for highly skilled professionals, presenting an opportunity for foreign student development programs in Korean universities. While the global talent shortage issue extends beyond numbers, Korean universities can play a significant role in nurturing foreign students into global talent. Various Korean universities are already encouraging foreign students to ....

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Whose interests are harmed by voices that speak ill of China? : Global Times editorial

The future will see China s door of openness only widen further, integrating into the global wave of cooperation. This kind of harmonious collaboration is the true theme of the times. The background noise of those who speak negatively about China, much like the buzzing of mosquitoes, is simply annoying and ultimately inconsequential. ....

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Apostille Convention enters into force in China, to enhance trade efficiency, improve business environment

The Convention?Abolishing the Requirement of Legalization for Foreign Public Documents, or the Apostille Convention, entered into force in China on Tuesday, which, according to Chinese diplomatic officials, will greatly reduce the time and economic cost of cross-border transfer of Chinese and foreign documents, and further optimize China s business environment.

On March 8, China acceded to the 1961 Hague Convention?Abolishing the Requirement of Legalization for Foreign Public Documents. On Tuesday, the Chinese Foreign Ministry held a ceremony to mark the implementation of the convention in China. ....

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