
South Korea’s high mobile and broadband penetration has helped limit the coronavirus blow to household spending as online and mobile platforms flourished. — AFP
South Korea aims to focus on green and digital industries as it looks to boost its standing in the global economy, according to a senior policy maker working on next year’s economic plan.
The government is putting together a list of industrial priorities that would raise the economy’s growth potential, while taking advantage of a speedier-than-expected recovery from the pandemic, Lee Hyoung-il, director general at the finance ministry’s policy bureau, said in a phone interview.
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