Gu Yun-cheol "Growth Rate Rebound"… Kim Jeong-gwan "Strong Industrial Policy"
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- Gu Yun-cheol said he will focus on restoring the people's economy and revitalizing investment.
- Minister Kim Jeong-gwan emphasized the implementation of Manufacturing AI Transformation (M.AX) and a strong industrial policy.
- He said last year's achievements, including exports reaching $700 billion and record-high foreign investment, will form the basis for this year's growth.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Deputy Prime Minister for Economy · Minister of Trade, Industry and Energy New Year's Addresses
Gu "Restoring the people's economy is the top priority"
Kim "We will reap the seeds sown last year"
Gu Yun-cheol, Deputy Prime Minister and Minister of Economy and Finance, said in his New Year's address for the Byeong-o year, "We will make 2026 the inaugural year of a rebound in the potential growth rate." Kim Jeong-gwan, Minister of Trade, Industry and Energy, pledged, "We will implement a 'strong industrial policy' by organically combining regions, artificial intelligence (AI), and trade."
In the New Year's address distributed on the 31st, Deputy Prime Minister Gu emphasized, "We will concentrate all efforts on macroeconomic management and reviving the people's economy," and added, "While managing prices stably, we will focus on restoring livelihoods and revitalizing national and regional economies through improvements in consumer sentiment and investment activation." He also said, "We will carefully attend to policy tasks to overcome polarization, such as support for vulnerable groups, while promoting the growth of small and medium-sized enterprises and small business owners."
He also reaffirmed the policy of fully supporting advanced industries. Deputy Prime Minister Gu said, "We will devote our utmost effort to ensuring that policies for the AI-driven transformation and the realization of a super-innovative economy are timely diffused across industries and implemented in people's daily lives."
In his New Year's address, Minister Kim insisted, "Has our economy ever been free of crises?" and argued, "Each time, we have ultimately found a way and written a history of overcoming crises." He added, "We will surely make the seeds of growth sown last year bear fruit this year," and vowed, "2026 will be a year of speed and execution."
Minister Kim assessed the current situation by saying that the weakening foundational strength of major domestic industries and intensified global manufacturing competition are threatening economic security. He cited last year's major achievements as reaching exports of $700 billion for the first time, recording the highest level of foreign investment, launching the Manufacturing AI Transformation (M.AX) alliance, and initiating industrial restructuring in sectors such as petrochemicals and steel.
Regarding this year's policy direction for the Ministry of Trade, Industry and Energy, Minister Kim stated, "We will nurture regional flagship industries as growth hubs and make the Manufacturing AI Transformation the decisive gambit for a manufacturing comeback." He added, "Even amid trade wars, we will unwaveringly defend and expand national interests."
Nam Jeong-min / Ha Ji-eun reporters
