Finance Minister Hong Nam-ki met with foreign investors in New York on Wednesday local time to show them the South Korean economy's strong resilience and present the government's future economic plans.<br />Hong said that Korean economy has strong resilience based on the three major shock buffers of strong relations with other countries, sound finances and a balanced industrial structure.<br />As countermeasures to possible economic threats, he said Korea is expanding its fiscal policy by increasing total spending by 9-point-3 percent in next year's budget plan.<br />He added that Korea will promote a manufacturing renaissance and development of the service industry, while making strategic investments in response to the fourth industrial revolution.<br />
