Former lawmaker Jang Sung-min officially declared his presidential candidacy on the 15th through YouTube. (Photo by YouTube channel 'Jang Sung-min's Target')

Former lawmaker Jang Sung-min officially declared his presidential candidacy on the 15th through YouTube. (Photo by YouTube channel 'Jang Sung-min's Target')

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[Asia Economy Reporter Kum Boryeong] Former People Power Party lawmaker Jang Seong-min officially declared his presidential bid, pledging to create a "nation where tomorrow is eagerly awaited today."


On the 15th, during his presidential campaign announcement via YouTube, Jang stated, "We must move toward a hopeful nation where all 52 million citizens seize their moment under the stars, not just politicians and privileged elites."


He raised his voice for the need of a "regime change" to correct the crisis facing South Korea. Jang criticized, "Since the Moon Jae-in administration took office, the three pillars of the great Republic of Korea?the foundation of political liberal democracy, economic free-market principles, and the military-security alliance with the United States?have been shaken to their roots. Political liberal democracy is collapsing due to election fraud caused by the unprecedented public opinion manipulation in the 'Druking' comment scandal under President Moon, and it is sinking further due to the spy special advisory group gate, where spies were appointed as special advisors and used as campaign workers."


Jang views the Moon administration's income-led growth policy as anti-free-market and pledged to abolish it. He said, "I will immediately abolish the income-led growth policy, a representative anti-free-market policy that turned the entire nation into sudden poverty under the Moon administration. Instead, I will actively promote growth-driven job policies to increase national income and wealth."


He also promised to eliminate real estate policies burdened with excessive regulations and tax bombs. Jang stated, "To stabilize real estate and housing prices, I will steadily implement a market-friendly supply policy first, followed by a state-customized supply policy, minimizing state intervention as much as possible. I will boldly remove or actively ease all regulations that block redevelopment and reconstruction under the name of urban regeneration projects. This will increase the supply of public rental housing and provide warm living spaces for low-income groups and youth."


He emphasized reforming into a digital nation for the 4th Industrial Revolution era, targeting the 2030 generation. Jang said, "We must completely remodel and reform the outdated national structure into a future-oriented national platform leading the 4th Industrial Revolution. By doing so, South Korea can enter the $50,000 and $80,000 income eras within 10 years from the current $30,000 era."



Known as the "DJ prot?g?," Jang hails from Goheung, Jeollanam-do, and served as an aide to former President Kim Dae-jung. After the inauguration of the Kim Dae-jung administration, he served as the head of the Presidential Secretariat's National Situation Room. On the 2nd, he joined the People Power Party, saying it was "to catch the tiger called regime change."


This content was produced with the assistance of AI translation services.

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