Business community appeals for deregulation in New Year’s meeting… President Wen has been absent for 4 years (total)

Chairman of the Korean Chamber of Commerce and Industry Park Yong-man gives a greeting at the 2021 New Year’s Meeting held in Daehan Sang-gu, Jung-gu, Seoul on the 7th. 2021.1.7/News1 © News1 Reporter Kim Myung-seop

While the New Year’s meeting was held on the 7th at a conference hall in Jung-gu, Seoul, businessmen emphasized coping with the aftereffects of the stimulus from Corona 19 and regulatory reform.

Park Yong-man, chairman of the Korean Chamber of Commerce and Industry, said in his greeting on the day, “The accumulated private debt and asset market imbalance are a problem facing not only us but also major countries.” We hope that a’stable and balanced macroeconomic strategy’ can be developed.”

Next, Chairman Park said, “In the new year of 2021, I hope it will be a year to’reorganize’ the framework of our economy closer to’new construction’.” “Specially, this year, if possible, the bill that supports us “I sincerely ask you to reconsider legislation that speeds up and regulates.”

President Yoo Yong-do, who sent a video message on behalf of the local chamber of commerce, said, “This year, the government and the ruling and opposition politics gathered together to take the lead in creating a good environment for business management so that companies at the crossroads of life and death can focus only on their business I hope to give you.”

Samsung Electronics President Lee In-yong also said in a video message, “There is still uncertainty, such as the corona is not calming down, but Samsung will put all its energy into fostering a healthy industrial ecosystem by cooperating with SMEs, venture industries, and academia.”

Prime Minister Jeong Sye-gyun responded to this, saying, “We will make a country where businessmen and businesses who have led our economy can work even in difficult conditions,” while mentioning’fairness’,’transparency’ and’market order’, the Moon Jae-in administration’s three major economic policies One of them,’fair economy’, was emphasized. The Moon Jae-in administration is taking income-led growth, fair economy, and innovative growth as the three key economic policies.

Prime Minister Jung said, “We will do our best to create a business environment so that the entrepreneurial spirit of creativity, innovation, and challenge will be displayed to the fullest.” He said, “while maintaining a fair and transparent market order, we will continue a bold regulatory revolution that businessmen can feel.”

Prime Minister Jeong Sye-gyun gives a greeting at the 2021 New Year’s Meeting held at the Korean Chamber of Commerce in Jung-gu, Seoul on the 7th. 2021.1.7/News1 © News1 Reporter Kim Myung-seop

Prime Minister Jung said, “We will achieve a major transformation into a leading economy through innovation.” “After Corona 19, we will make a lot of Korean companies that will lead the world market, and even small and medium-sized businesses, as well as small businesses, will change in line with the digital transformation trend. I will prepare to go out.”

Hong Nam-ki, Deputy Prime Minister of Economic Affairs and Minister of Strategy and Finance, said in a video message, “The government has promised that this year will surely overcome the crisis, recover the economy, and achieve a rebound and a leap forward in our economy.” It is a company.”

Minister of SMEs and Startups, Park Young-sun, also said through an online video, “The Ministry of SMEs will use non-face-to-face online infrastructure to foster mid-term start-ups as a clear leader in the digital economy and achieve digitalization for small businesses.” It will revitalize the domestic economy, which has been contracted by the support budget.”

Minister of Trade, Industry and Energy Seong Yun-mo, who attended the site, said, “The role of entrepreneurs is the most important for our economy to recover from the corona shock and lead the world economy as an industrial power this year.” “Companies and governments work together to overcome the crisis and go to the world. It must be made into an expanding industrial powerhouse.”

Likewise, Kim Dong-myeong, chairman of the Korean Federation of Trade Unions, who participated in the field said, “This year, we will try to build social trust through cooperation between workers and managers, between large and small companies, between subcontractors and small and medium enterprises. I hope that you will give active interest so that it can be resolved in terms of win-win.”

Minister of Trade, Industry and Energy Sung Yun-mo (from left), Prime Minister Jeong Sye-gyun, Park Yong-man, chairman of the Korea Chamber of Commerce and Industry, and Korean Trade Union Chairman Kim Dong-myeong, are greeting the New Year at the 2021 Economic New Year’s Greetings held at the International Conference Hall of the Korea Chamber of Commerce in Jung-gu, Seoul. 2021.1.7/News1 © News1 Reporter Kim Myung-seop

This is the first time since the start of the New Year’s Day in 1962 that the New Year’s meeting in the business world has been conducted by video conferencing. In accordance with the COVID-19 prevention guidelines, only four people attended the event, including Prime Minister Jeong Sye-gyun, Park Yong-man, chairman of the Korean Sangsang, Sung Yun-mo, Minister of Commerce, Industry and Energy, and Kim Dong-myeong, chairman of the Korean Federation of Trade Unions.

Samsung Electronics President Lee In-yong, Gong Young-woon President of Hyundai Motor Company, Jang Dong-hyun, SK CEO, Lee Bang-soo LG President, Dong-woo Lee, CEO of Lotte Holdings, Ja-eun Koo Chairman of LS Mtron, Hyundai Group Chairman Hyun Jeong-eun, and Kim Yun Samyang Holdings Chairman Representatives of major companies, such as the presidents of 41 chambers of commerce nationwide, and in politics, Lee Hak-young, chairman of the National Assembly’s Industry Committee, participated online through video connection.

On the other hand, President Moon Jae-in has been absent from the economic community for four consecutive years until this year. Instead, after taking office in 2017, President Moon brought a meeting with the business community by inviting business people to a joint New Year’s meeting hosted by the Blue House for three consecutive years from 2018 to 2020.

This year, even this became difficult due to Corona 19, and on this morning, the Blue House held a New Year’s meeting hosted by the Blue House through video conferencing. In the economic world, chairman Park Yong-man and Kim Im-yong, acting president of the Federation of Small Businessmen, attended online.

There were only three cases in which previous Presidents other than President Moon were absent from the New Year’s Meeting hosted by the Korean Prize: 1984 (Former President Doo-Hwan Chun), 2007 (Former President Roh Moo-hyun), and 2017 (Former President Park Geun-hye).

President Moon Jae-in is greeting at the 2021 New Year’s Greetings held by video at the Blue House on the morning of the 7th. 2021.1.7/News1 © News1 Reporter Park Jung-ho

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