Li Rongrong Met with Mr. Lee Ku-taek, Chairman of POSCO

On April 29th, Chairman Li Rongrong met with Mr. Lee Ku-taek, Chairman of POSCO. The two sides exchanged views on the impact of Subprime Crisis to global economy especially to Chinese economy, central SOEs’ options to cope with the current economic situation, as well as their efforts in developing core business. Chairman Li speak highly of what POSCO had done as a world well-known company during last 40 years, and pointed out that central SOEs should learn from POSCO in terms of focusing on core business and pursuing continuous progress.