Boosting manufacturing sector competitiveness is key to the survival of South Korea's economy.
That's what Bank of Korea Governor Lee Ju-yeol said Tuesday at a meeting with representatives of Korea's semiconductor, steel, auto, petrochemical, machinery and display sectors.
These six sectors accounted for three quarters of the country's total exports in 2018, topping 445 billion U.S. dollars.
Amid growing trade protectionism and fierce global competition...Lee said coming up with new measures and government deregulation to boost competitiveness is more important than ever.
