Deputy Minister of Economy Also Absent from 'Ojingeo Game'... "Must Secure High Value-Added and New Markets"

Expert Roundtable on Policy Directions for the Service Industry

Lee Ok-won, Vice Minister of Strategy and Finance, is speaking at the 'Post-Corona Era Service Industry Policy Direction Meeting' held at the Government Seoul Office on the 8th. 2021.10.8 Photo by Yonhap News

[Sejong=Asia Economy Reporter Son Seon-hee] Lee Eok-won, the 1st Vice Minister of the Ministry of Economy and Finance, recently mentioned the Korean drama 'Ojingeo Game' (Squid Game), which has sparked a global craze, on the 8th, emphasizing the importance of securing high value-added and new markets.

According to the Ministry of Economy and Finance, Vice Minister Lee held an expert meeting on service industry policy directions at the Government Seoul Office on the same day, reviewing the impact of mega-trend changes including the COVID-19 pandemic on related industries, and then discussed policy directions and key tasks.

In his opening remarks, Vice Minister Lee said, "In the 'With COVID-19' era, new types of high value-added services characterized by non-face-to-face, customized, and hyper-realistic features are expected to provide various business models," adding, "To secure high value-added and new markets, accurate analysis of the direction and speed of change and proactive response are more important than anything else."

He then referred to the recently popular 'Ojingeo Game,' stating, "It is showing explosive ripple effects beyond content to the entire culture and other industries," repeatedly emphasizing the importance of the service industry. He added, "We will make every effort to legislate the 'Service Industry Development Basic Act,' a prerequisite for service innovation and a major transition to a service convergence economy, to secure future food sources for the next 30 years."

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