South Korea releases economic rise strategy, promoting AI transformation and super innovative economy.

Jin10 data reported on August 22, according to Yonhap News Agency, the South Korean government released a "New Government Economic Growth Strategy" on the 22nd, planning to promote enterprise-led "Top 30 Technology Leading Projects" with the goals of "Artificial Intelligence (AI) Great Transformation" and "Super Innovative Economy." To this end, the government will provide comprehensive support in areas such as finance, tax system, finance, talent, regulation, and site selection over the next five years, striving to achieve a potential economic growth rate of 3%. The South Korean government believes that the momentum for economic growth is weakening, and the next five years are the "last golden period" for achieving the AI Great Transformation. To support the relevant strategy, the government will establish a "National Growth Fund" with a scale exceeding 100 trillion won (approximately 515.8 billion yuan) to develop future strategic industries in AI, energy infrastructure, and related technologies and venture capital enterprises.