S. Korea discusses the 'Korean New Deal' project at 'Global Korea 2020 Convention'

2020 글로벌 코리아 박람회 포스트 코로나 대비 한국판 뉴딜The '2020 Global Korea Convention' reached its second day today where researchers have gathered to discuss the Korean New Deal.On the agenda for Thursday was how to prepare for the post-COVID-19 era and, with 62 billion U.S. dollars set aside, various aspects of what the Korean New Deal project actually entails.Bae Eun-ji reports.The Korean New Deal project aims to create a digital and eco-friendly economy ... and for the country to be prepared for the post-COVID-19 era.The Moon administration has set aside a budget of 62-billion U.S. dollars for the project over the next five years.Thursday was day two of '2020 Global Korea Convention' where researchers gathered to discuss the project.“Speakers from research institutes discussed various aspects of the Korean New Deal project.... including the Digital New Deal and how South Korea is cooperating with other countries.”The 'Korean New Deal' has two distinct parts: "digital" and "green"... and both aim to create thousands of new jobs.The Digital New Deal includes utilizing big data, building a 5G infrastructure and using artificial intelligence for the government and the country's healthcare system.South Korea is not the only country to have similar aims... as major economies such as the EU, the U.S., and China also have relevant policies of their own.Under the Green New Deal, the government is focusing on creating jobs through the development of green energy and environmentally-friendly vehicles."It's very meaningful that the EU is going green on the infrastructure that they already had, such as with energy and construction. The EU is thought of as a front-runner in distributing funds to create an eco-friendly environment."At the convention center, Korea's state-owned railway operator, Korail, displayed newly developed technologies as examples of what the Green New Deal project entails."Ultrafine dust in subway stations has become a huge problem. We've developed a technology that can quickly replace the gravel track - the source of the fine dust - with concrete tracks."The three-day conference is being live-streamed on YouTube... and will run until Friday.Bae Eun-ji, Arirang News.