Channel News Asia reports:

China and South Korea should push to increase annual two-way trade to 200 billion dollars soon, Prime Minister Wen Jiabao said Wednesday before wrapping up a two-day visit.

Wen called for the two nations to pursue studies into a free trade agreement, saying trade "has an inordinate amount of potential for growth."

Their two economies are complementary, he told Chinese and South Korean business leaders at a lunch. "Korea leads in technology and management while China has plenty of labour resources and a large market."

China is already South Korea's largest commercial partner. Trade between Asia's second and third largest economies reached 134 billion dollars last year.

"A China-Korea FTA would be significant in the long-term development of bilateral economic trade," said Wen, who was to go on to Japan later Wednesday.

To read more:

http://www.channelnewsasia.com/stories/afp_world_business/view/269713/1/.html