Lee Nak-yeon Unveils 'Triple Strike' Policy on Manufacturing, Technology, and Service Industries: "Aim for a Nation with Over 70% Middle Class"

Including Principles for Protecting the Overall Economic Ecosystem and Balanced Growth through the '4 Fundamental Principles'

[Asia Economy Reporter Oh Ju-yeon] Former Democratic Party presidential candidate Lee Nak-yeon proposed a 'triple bombing' policy that pledges to pour tailored support into manufacturing, technology, and service industries, stating that to open an era where 70% of the population belongs to the middle class, "a determination to act boldly and swiftly, as if it were a military operation on the line, is necessary."

[Image source=Yonhap News]

On the 17th, at a press conference held at the National Assembly Communication Office in the morning, Lee said, "The next president must use the national budget of 3,000 trillion won over the five-year term well to prepare for the future. I will use this budget to strengthen the social base through new welfare policies and create a country where more than 70% of the population is middle class," adding, "As a concrete execution strategy, I propose the 'triple bombing' theory consisting of precision bombing, preemptive bombing, and all-out bombing."

The 'triple bombing' theory revealed by Lee on that day carries the meaning that systematic and challenging growth is necessary for South Korea to leap forward as a strong nation.

First, Lee said he would provide tailored support for the development of manufacturing through 'precision bombing.' He stated, "Existing manufacturing is very important as it is the backbone industry of Korea," and added, "To turn it into a new growth engine, precise bombing tailored to the conditions of each industry and company is necessary." Precision bombing means establishing and implementing pinpoint support policies according to detailed plans suited to the characteristics of each industry. To this end, he announced that he would first designate the top three global companies and nurture them into world-class enterprises through comprehensive and full support and active deregulation.

As a nurturing plan for technological growth, he proposed 'preemptive bombing' to secure the core tech sectors of emerging future industries (such as semiconductors, future cars, AI, robotics, bio, etc.). Lee emphasized the importance of early market dominance, saying, "In these future industries, only the first movers who develop and invest first, regardless of country or company, can survive."

Regarding support for the service industry, he mentioned 'all-out bombing.' Lee said, "The service industry has a very high employment ratio but low productivity," and added, "To develop a new Korean Wave and spread the existing Korean Wave, diverse and broad interest and support are necessary."

Along with the triple bombing, Lee also presented four basic principles. These include preparing ecosystem-level alternatives to enable growth through mutual influence, adhering to the principles of balance and harmony to establish and implement a dense network policy, formulating policies considering future changes over about ten years on a global scale, and comprehensively reforming existing educational content and systems to nurture future-oriented talents.

Lee said, "If I become president, I will be the situation room chief of the triple bombing with the determination that I am in the 'war room' of the economic revival battle," and added, "I will sequentially announce policies combining the triple bombing and the four principles in the future."

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