President Yoon Suk-yeol stressed the importance of private sector-led digitization during a keynote speech at the B20 Summit, the official G20 dialogue forum for the global business community, according to the trade ministry, Monday. “The private sector-led supply innovation should be the answer to solving the supply shock-induced global economic crisis,” he said during the summit organized by the Indonesian Chamber of Commerce at the Bali Nusa Dua Convention Center in Indonesia. The priority of the Korean government, he said, is digital transformation, the core driver of policy directives under his leadership, adding that he will lead G20-level discussions to establish a new global digital norm.
The government is asking companies to actively join its energy saving campaign, while pledging to reduce state-run organizations energy use by 10 percent this winter in response to the fast-approaching energy crisis, according to the industry minister, Monday.