Korean and Chinese companies have signed nine memorandums of understanding (MOUs) for cooperation in consumer goods, content and supply chain sectors, marking President Lee Jae Myung's state visit to China, the industry ministry said Monday. The MOUs were signed during a Korea-China business forum held in Beijing ahead of summit talks between Lee and Chinese President Xi Jinping. The business event was attended by the top executives of major companies and economic organizations from the two countries, including Samsung Electronics Chairman Lee Jae-yong, Hyundai Motor Group Chair Euisun Chung, SK Group Chairman Chey Tae-won and LG Group Chairman Koo Kwang-mo from Korea, and Ren Hongbin, chairman of the China Council for the Promotion of International Trade, and Fu Qijun, chairman of Sinopec Group, from China, according to the Ministry of Trade, Industry and Resources. In the consumer goods sector, Korea's retail giant Shinsegae Group signed an initial agreement with China's Alibaba International to export Korean consumer goods through Alibaba's online platform, the ministry said in a pre