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German Ambassador-Designate to Korea Georg Schmidt stressed the importance of pursuing balanced economic growth to address the diverse social needs arising from demographic and climate changes. “We have to rethink how we balance this growth with the social requirements of demographic change and the challenges of sustainability and climate change," he said at the Korean-German Chamber of Commerce and Indust.

South koreaGeorg schmidtJuliana leeSuh young kyungFrank robaschikDeutsche bank asiaGyeonggi free economic zone authorityGerman chamberKorea monetary policy committeeGerman ambassador designateKorea georg schmidtKorean german chamberHalf year economic outlookCold warGermany tradeCorrespondent frank