| Increase manufacturing value added rate from 25% to 30%
| Innovation of industrial structure through smart, eco-friendly, and convergence
| Establishing 2,000 AI Factories and Promoting AI-Based Industrial Intelligence

On the 19th, the government announced the 'Manufacturing Renaissance Vision and Strategy' to make a leap forward to become one of the world's top four manufacturing powerhouses through the revival of the manufacturing industry.

By promoting a manufacturing renaissance, the government plans to innovate the industrial structure by raising the manufacturing added value rate from the current 25% to 30%, the level of advanced countries.

In addition, we will increase the proportion of new industries and new items in manufacturing production from 16% to 30%, and more than double the number of world-class companies to make a leap forward to become one of the world's top four manufacturing powerhouses in terms of export volume.

To achieve the vision of a manufacturing renaissance, the government will focus on promoting four major strategies.

The first strategy is to accelerate innovation in industrial structure through smartening, eco-friendliness, and convergence .

First is smartization. The government plans to supply 30,000 smart factories to small and medium-sized enterprises by 2022 and create 20 smart industrial complexes by 2030. By 2030, we will build 2,000 AI factories and promote AI-based industrial intelligence across the entire manufacturing industry, including enacting the ‘Special Act on Manufacturing Innovation.’

In addition, we will build a data center that supports AI-based services by accumulating smart factory data, and foster smart manufacturing innovation supply industries such as core S/W, robots, sensors, and equipment used in smart factories.

Next is environmental friendliness. The government supports technology development, infrastructure construction, and demand creation in parallel to take the lead in environmentally friendly markets such as eco-friendly cars, ships, air industry, and new energy industries.

Lastly, convergence. The government will support convergence between manufacturing, service, and other industries to increase added value. It will promote commercialization through the development of core technologies for convergence new products such as autonomous vehicles and ships, smart clothing, smart home appliances, and service robots, and through public demonstrations.

In addition, regulations on convergence products and services will be eliminated through regulatory sandboxes and regulatory-free special zones, and the government will mediate in industries with conflicting values, such as mobility services and the bio industry, to create an environment in which new products and services can be launched.

The second strategy is to foster new industries as new key industries and transform existing key industries through innovation . To this end, the government will concentrate national capabilities and resources on the continuous creation of new industries.

We will focus on DNA (Data, Network, AI) infrastructure such as big data platforms, AI hubs, and 5G networks, and accelerate the transformation of current key industries into high value-added promising items.

We will focus on fostering the materials, parts, and equipment industries, and promote continuous business reorganization and corporate structural innovation. Industrial complexes will be transformed into forward bases for new industry creation and manufacturing innovation, and export support will be strengthened.

The third strategy is to completely reorganize the industrial ecosystem to focus on challenge and accumulation . To this end, we will support the timely and sufficient training of talents needed by the manufacturing industry, and completely reorganize the R&D system based on challenge, speed, and accumulation. In addition, we will establish a financial system that supports the challenge and growth of innovative manufacturing companies.

The fourth is strengthening the government's role in expanding investment and fostering innovation . The government will create a business-friendly environment and boldly expand support so that companies can be competitive by investing domestically rather than going abroad. In addition, as the government's first buyer, it will take the lead in creating demand and expanding large-scale demonstrations.

By promoting a manufacturing renaissance, the government plans to increase the manufacturing added value rate to 30%, the level of advanced countries, and increase labor productivity by more than 40% compared to the current level.

The government, which has selected system semiconductors, biohealth, and eco-friendly mobility as new growth engines for our economy, plans to continue to grow key industries centered on promising, high value-added items such as next-generation semiconductors, advanced processing equipment, secondary batteries, high-value-added steel, and industrial textiles.

The manufacturing renaissance vision and strategy were officially announced at the “Manufacturing Renaissance Vision Declaration Ceremony” held at the industrial complex site tomorrow under the slogan “Made in Korea, one of the world’s top four manufacturing powerhouses.”

About 150 people attended the event, including relevant government departments, world-class companies, university students participating in the Smart Manufacturing Innovation Center’s industry-academia cooperation program, and related organizations.

The government plans to continue discussing follow-up tasks such as industry-specific strategies for future cars, improvement of the corporate environment, and talent development through the ‘Manufacturing Renaissance Strategy Meeting’ in the future, and plans to also pursue follow-up measures.

At the Manufacturing Renaissance Vision and Strategy Declaration Ceremony held at the Ansan Smart Manufacturing Innovation Center in Gyeonggi Province on the 19th, President Moon Jae-in said, “The 4th Industrial Revolution and the rise of new manufacturing powerhouses have He said, “The pursuit strategy has reached its limit,” and “Manufacturing companies are complaining of difficulties due to environmental regulations, the spread of protectionism, and rising production costs.”

He continued, “The pursuit-oriented industrial strategy of the past is no longer the solution for our economy, and a transition to an innovation-oriented industrial structure is urgent,” and said, “We will transform the Korean industrial ecosystem to one centered on challenge, accumulation, people, and technology.”

He also said, “In order to ensure that manufacturing innovation can continue to gain momentum, we will establish a public-private joint manufacturing renaissance strategy meeting chaired by the president,” and “We will discuss corporate difficulties such as production costs, labor-management issues, and environmental regulations together, listen to the voices of companies, and work together to resolve difficulties arising from the introduction of new systems.”