문 대통령, 데이터 경제 활성화 규제혁신 현장방문<br /><br /> South Korean President Moon Jae-in is continuing to lay out his plans to get rid of red tape holding back the economy.<br /> Visiting a campus for startups near central Seoul, the President said alleviating regulatory obstacles in the big data industry would help both consumers and businesses.<br /><br /> "The future of our innovative growth lies in data. Regulations on the data industry urgently need to reduced for the development of new industries and technologies. I again want to highlight the importance of speed and timing."<br /><br /> The President also promises to put nearly 900-million U.S. dollars into the data industry next year, stressing the need to quickly develop it as a new industrial sector and engine for growth. <br />He also added, however, that the government will work to protect personal data by improving security measures. <br />
