Officials from the government and private sector held in-depth discussions on the future of the Korean economy at an economic conference in Seoul earlier today.<br />Our Yoon Jung-min tells us what was discussed.<br />Innovation, future technology and fairness are the deciding factors of South Korea's economic future.<br />That was the core message of the inaugural 'Conference on Future and Strategy of Korea',... which served as a platform for discussions with the private sector... to seek ways to boost the slowing economy amid uncertainties both at home and abroad.<br />"It's important to raise our economy's growth potential. For that, I want to emphasize three factors. Structural reforms, leading the fourth industrial revolution and finding future growth engines."<br />In the discussions which will be reflected in the finance ministry's long-term policy plan,... many experts say Korea should allocate more funds and human resources to nurture future technologies,... such as robots, AI and biotechnology.<br />Some say robots could be the answer to the country's labor shortages... brought about by a shrinking population.<br />Creating a fair economy was also one of the key topics at the forum,... centered around addressing the income gap and ensuring a more even wealth distribution.<br />"The keys are innovation, inclusiveness and fairness. We should deal with the limits of quantitative growth through innovation, fix market system flaws through policy action, and create a fair economy to address inequality."<br />On the environmental front,... the panel stressed the importance of using more renewable energy instead of fossil fuels for the sake of both the environment and the economy.<br />"Under the theme of 'Gathering Hope for a New Future', the future strategy conference hopes to propose ways to help the Korean economy prepare against global uncertainties and seek future growth engines.<br />Yoon Jung-min, Arirang News."<br />
