Meeting of the Delegation of the Private Sector-led Low Birthrate Overcoming Headquarters Held

Discussions on Overcoming Low Birth Rates Among Economic, Financial, and Academic Sectors

From the left, Park Min, President of KBS; Lee Kwang-hyung, President of KAIST; Jinwoo Sunim, Co-Chairman of the Korean Religious Leaders Council; Son Kyung-sik, Chairman of the Korea Employers Federation; Joo Hyung-hwan, Vice Chairman of the Committee on Population Aging and Low Birthrate; Cho Yong-byeong, Chairman of the Korea Federation of Banks. Courtesy of the Korea Employers Federation

The Private-led Low Birthrate Overcoming Promotion Headquarters, jointly launched by six economic organizations including the Korea Employers Federation, as well as the financial and academic sectors, held a joint representative meeting on the 14th at Lotte Hotel in Jung-gu, Seoul.

The Low Birthrate Overcoming Promotion Headquarters is a cooperative system voluntarily formed by the economic, financial, academic, broadcasting, and religious sectors. The joint representatives included five leaders from the Korea Employers Federation, the Korea Federation of Banks, KAIST, KBS, and the Korean Council of Religious Leaders.

On this day, the representatives shared the business activities and achievements autonomously carried out by each sector since the headquarters' launch in August and discussed future business plans.

The economic sector plans to promote various activities such as establishing a family-friendly corporate culture and improving social awareness to solve the low birthrate problem that undermines the dynamism and sustainability of our society.

The financial sector intends to develop financial products tailored to the characteristics of each financial industry, covering marriage, childbirth, and child-rearing, and to prepare various support measures in a detailed manner.

KAIST published "Solutions for a Shrinking Society Between Extinction and Leap" and held an academic forum to propose policy alternatives in response to low birthrate and aging. Additionally, the broadcasting and religious sectors also shared their achievements and future plans.

Going forward, the Low Birthrate Overcoming Promotion Headquarters plans to create and utilize a joint logo and image so that a unified message can be disseminated. It will also emphasize solidarity and cooperation to serve as a focal point for the private sector in solving the low birthrate issue through various activities.