Home

The Korea Herald

Latest news

Most Popular

  1. 1

    IMF lowers Korea's 2025 growth outlook to 2%

    IMF lowers Korea's 2025 growth outlook to 2%
  2. 2

    Labor Ministry dismisses Hanni harassment case

    Labor Ministry dismisses Hanni harassment case
  3. 3

    Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption

    Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption
  4. 4

    Now is no time to add pressure on businesses: top executives

    Now is no time to add pressure on businesses: top executives
  5. 5

    North Korean troops fighting alongside Russia, NIS confirms

    North Korean troops fighting alongside Russia, NIS confirms
  1. 6

    CJ CheilJedang to spur overseas growth with new Hungary, US plants

    CJ CheilJedang to spur overseas growth with new Hungary, US plants
  2. 7

    Japan to hold 1st memorial for Korean forced labor victims at Sado mine

    Japan to hold 1st memorial for Korean forced labor victims at Sado mine
  3. 8

    [Herald Interview] How Gopizza got big in India

    [Herald Interview] How Gopizza got big in India
  4. 9

    [KH Explains] Dissecting Hyundai Motor's lobbying in US

    [KH Explains] Dissecting Hyundai Motor's lobbying in US
  5. 10

    Nearly half of pines at Seoraksan face extinction due to global warming: study

    Nearly half of pines at Seoraksan face extinction due to global warming: study
지나쌤

4th industrial revolution committee to launch by mid-September: ICT minister

By Yonhap

Published : Aug. 29, 2017 - 17:59

    • Link copied

A state committee chaired by President Moon Jae-in and aimed at seeking ways to capitalize on changes brought on by the fourth industrial revolution will be launched by mid-September, South Korea's chief ICT policymaker said Tuesday.

The so-called "Fourth Industrial Revolution committee," comprised of some 30 senior government policymakers and businesspeople, is part of the Moon administration's pledge to upgrade the country's overall competitiveness. The committee aims to form a collaborative state-private sector partnership that can overhaul the industrial sector through combining various cyber and physical systems, developing cutting-edge technologies and eventually serving as a catalyst for the economy. 


You Young-min, South Korea`s chief ICT policymaker, speaks to reporters on Aug. 29, 2017. (Yonhap) You Young-min, South Korea`s chief ICT policymaker, speaks to reporters on Aug. 29, 2017. (Yonhap)

"The decision (to get more private sector input) is aimed at pushing forward change in a speedy manner," Yoo Young-min told reporters, adding that the committee aims to adopt more creative ideas.

The committee will have some 25 members from the private sector and some five others from the government, the ministry said. Also, it will not include minister-level officials.

Finding new growth engines through the fourth industrial revolution for the South Korean economy is one of the key policy objectives chartered by Moon, as the country as a whole is overly reliant on the manufacturing sector.

"The committee will hold a launch meeting with the president after mid-September and the details of the committee will be formed by then," the policymaker said. (Yonhap)

More from Headlines