7th Mid- to Long-Term Strategy Committee Launched to Design National Future Strategy

Launch of the 7th Mid- to Long-Term Strategy Committee
Developing Employment Strategies for the Age of AI Transformation
Addressing Regional-Led Development and Demographic Challenges

The government is embarking on the development of a mid- to long-term national strategy to respond to industrial structural transformation and the AI-driven paradigm shift. On November 14, the Ministry of Economy and Finance announced at the Government Complex Seoul that it had held the launch ceremony for the 7th Mid- to Long-Term Strategy Committee and would begin work on formulating a national future strategy over the next two years. The committee’s term will run from September 2025 to September 2027.

Deputy Prime Minister and Minister of Economy and Finance Koo Yoon-cheol is delivering a greeting at the inauguration ceremony of the 7th Mid- to Long-Term Strategy Committee held at the Government Complex Seoul in Jongno-gu, Seoul, on November 14.

The 7th committee will be chaired by former Samsung Electronics Chairman Kwon Ohhyun and has been expanded to include 20 members, encompassing not only experts in innovative technologies such as AI and biotechnology, but also business leaders, young entrepreneurs, and journalists. The Ministry of Economy and Finance explained that the committee’s composition was strengthened in both representativeness and expertise to address complex challenges spanning industry, employment, demographics, climate change, finance, and regional balance.

To facilitate in-depth discussions, the committee will operate three subcommittees: the Innovation Growth Subcommittee, the Future Society Strategy Subcommittee, and the Governance Reform Subcommittee. Each subcommittee will review strategic tasks in areas such as industry, education, welfare, climate, and government innovation, and will present mid- to long-term policy directions through seminars, forums, and conferences.

At the launch ceremony, Deputy Prime Minister Koo Yooncheol emphasized, "It is essential to set a clear direction for the fundamental transformation of the industrial structure." He highlighted the importance of designing employment policies aligned with the AI paradigm shift, achieving balanced development led by local regions, and establishing productive and inclusive financial systems. He described the formulation of a mid- to long-term strategy as "a process of preparing for the future while also addressing urgent current issues," and called on the committee to serve as a central pillar in government policy-making. The committee will operate until September 2027 and plans to prepare a mid- to long-term future strategy report through year-round subcommittee seminars, the Future Strategy Forum, and the Future Strategy Conference.

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