Samsung Electronics vice chairman Lee Jae-yong and SK chairman Choi Tae-won participate in this year’s Boao Forum. Much attention is being paid to how their participation will contribute to improving the bilateral relations of South Korea and China, which are deteriorating these days due to the North Korean nuclear issue and the deployment of the THAAD system in South Korea.
The forum is scheduled for March 22 to 25. The vice chairman of Samsung Electronics is to take part in the conference for three years in a row as a director of the forum. The chairman of the SK Group is to visit the conference for the first time in four years.
On the list of this year’s guests, vice chairman Lee Jae-yong and chairman Choi Tae-won take the 15th and 24th positions among entrepreneurs, respectively. The former is going to attend the board meeting scheduled for March 23 and then take part in the World Economic Outlook for 2016 session as a panelist in the afternoon of the same day. He met with Li Keqiang, Premier of the State Council of the People's Republic of China, during Boao Forum 2014 and visited Chinese President Xi Jinping in October of the same year as a member of the board of directors of the forum.
Last year, he officially announced at the forum that Samsung would focus more on smart healthcare through the convergence of IT, biotechnology and medical technology. Held under the slogan of Asia’s New Future: New Dynamics, New Vision, this year’s Boao Forum is expected to be attended by more than 200 global leaders, including Qualcomm CEO Steven Mollenkopf, Toyota Chairman Takeshi Uchiyamada and Pfizer CEO Ian C. Read.