문 대통령, "제조업 부흥이 경제 부흥,... 제조업 4강과 함께 국민소득 4만불 시대 열 것"<br /><br />President Moon Jae-in unveiled his plans to transform Korea's manufacturing sector... as part of his strategy to revitalize the country's economy.<br />He said the fate of Korea's economy hangs in its balance... and that the country must cultivate its future growth engines.<br />Our Shin Se-min has more. <br />President Moon Jae-in shared his aspirations of reviving the country's manufacturing sector,... deemed the traditional pillars of Korea's economy.<br />"The revival of the manufacturing sector is the revival of the economy. By Korea becoming a top-four manufacturing power, we will open a new era where per capita income hits 40-thousand U.S. dollars." <br />The president announced his strategy dubbed "Manufacturing Renaissance Vision" at an event held at the Smart Manufacturing Innovation Center in Ansan,... south of Seoul. <br />His plan also includes South Korea becoming the world's fourth-largest manufacturing power by the year 2030,... and pulling the economy out of its low-growth track.<br />It also aims to boost the country's exports to the world's top-four,.. currently in 6th place,... and expand the number of global exporting firms to 12-hundred,... more than double from the current 570.<br />The president expressed concerns however,... over the lack of new industries to lead future growth.<br />Compounded by structural issues like the fall in the working-age population and the slowing global economy,... he said the industry will only face further economic headwinds.<br />"Our manufacturing industry is at a grave crossroads, a leap or stagnation. We are at a pressing moment where we need to transition to an innovative and leading industrial structure."<br />By breaking away from the long-established strategy of the past,... the President added that the country will undergo an industrial paradigm shift,... highlighted by the keywords... 'smart', 'eco-friendly' and 'fusion'.<br />The government said it plans to invest some 7-point-1 billion dollars in non-memory chip, bio-health and future cars the administration's new growth engines,... on top of 152 billion dollars worth of private sector investments.<br />He also revealed that a joint private and public coordination body will be established,... chaired by the President himself to discuss various issues,... like production cost, labor and management conflicts. <br />Shin Se-min, Arirang News. <br />
