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Government’s New Deal to Focus on Digital Economy
Government’s New Deal to Focus on Digital Economy
  • By Kim Eun-jin
  • May 8, 2020, 12:12
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Deputy Prime Minister Hong Nam-ki presided over a government meeting in Seoul in the morning of May 7.
Deputy Prime Minister Hong Nam-ki presided over a government meeting in Seoul in the morning of May 7.

The South Korean government announced on May 7 that its upcoming new deal project for job creation and COVID-19 response will focus on 5G network and artificial intelligence infrastructure establishment, non-contact industry promotion and social overhead capital digitalization.

According to the government, the three tasks are divided into the 10 sub-tasks of data infrastructure enhancement for every cycle, more data collection and utilization for the convenience of the public, early 5G infrastructure establishment, 5G convergence promotion, AI data and infrastructure expansion, AI convergence in every industry, preparation for more non-contact services, cloud and cyber security network enhancement, digitalization of old infrastructure components, and digital logistics service system establishment.

The government is going to accelerate its big data framework establishment for learning purposes so that AI can be more popularized. AI convergence projects are going to be expanded so that more manufacturers and venture companies can adopt intelligent production processes with greater ease.

A series of pilot telemedicine projects are scheduled to be launched for the preparation of the post-COVID-19 era. In addition, blockchain-based pilot security projects for non-face-to-face services and cloud system expansion in the public sector are scheduled to follow.

The government is planning to hold a task force meeting for the new deal project in the second week of this month and complete its detailed review by the fourth week.