韩国经济副总理兼企划财政部长官具润哲指出，韩国当前面临"来自中国的竞争压力"。为此，他将亲自 督导AI、碳化硅电力半导体、石墨烯、LNG船液货舱技术等核心项目的推进情况，并从明年起每月走 访企业现场听取意见。 对比来看，中国在价格竞争力、生产能力、政府支援方面占据优势；美国则在品牌、专业人才、核心技 术方面占据优势。与中国相比，目前韩国仅在品牌竞争力方面领先，而品牌竞争力或在5年后被赶超。 与美国相比，预计韩美两国差距将在除生产力以外的所有领域进一步拉大。 具体到产业来看，中国在钢铁（112.7）、普通机械（108.5）、二次电池（108.4）、显示器（106.4）、 汽车及零部件（102.4）五大主力行业的竞争力已全面领先；在半导体（99.3）、电气电子（99.0）、造 船（96.7）、石化（96.5）和生物健康（89.2）等领域，中国的发展速度也在加快。 在此背景下，报道称，《2026年经济增长战略》将着力提升半导体、军工、文化（游戏、美妆、食 品）、石化等国家战略产业的竞争力，并基于韩美关税谈判最新成果，推动韩国在造船等领域巩固其全 球价值链枢纽地位。同时，韩国政府还将全面推进"AI大转型"和"超创新型 ...

韩国经济人协会17日发布报告称，韩国十大出口产业中有一半在企业竞争力方面被中国赶超，预计5年 后十大产业竞争力或全面落后于中国。 近期，面向从事十大出口产业的销售额千强企业（应答企业数200家），韩国经济人协会进行了"关于中 韩美日四国竞争力现状和展望"调查。结果显示，被问及当前最大的竞争对手时，62.5%回答是"中国"， 其后是美国（22.5%）和日本（9.5%）。将时点设为2030年时，回答"中国"的占比提升6个百分点至 68.5%，回答"美国"（22%）和"日本"（5%）的占比有所下降。这意味着多数韩企认为中韩出口竞争将 愈演愈烈。 该协会将韩企竞争力标准设为100，受访企业认为中美日的竞争力水平分别为102.2、107.2和93.5。到 2030年时，竞争力水平为中国112.3、美国112.9、日本95。也就是说，韩企认为本土企业竞争力全面落 后于中美两国。 按照分业考察竞争力，中国企业在钢铁（112.7）、通用机械（108.5）、二次电池（108.4）、显示器 （106.4）、汽车和零部件（102.4）五个领域领先于韩企，而在半导体（99.3）、电子和电机（99）、 船舶（96.7）、石油化学和石油 ...

Core Insights - South Korea exhibits significant import dependency in key materials for high-tech strategic industries, particularly with China [1][2] - Diversifying supply chains has become an urgent issue for South Korea due to this dependency [1] Group 1: Dependency on China in Key Materials - In the secondary battery sector, South Korea's reliance on China for key materials is stark, with natural and artificial graphite dependency rates at 97.6% and 98.8% respectively [1] - The dependency for precursor materials and nickel hydroxide in cathodes is also high, reaching 94.1% and 96.4% [1] - The import dependency for core components in the robotics industry has increased from 77.7% in 2021 to 80.3% in 2023 [1] Group 2: Rare Metals and Semiconductor Materials - Out of 31 rare metals managed by the South Korean government, 20 are reliant on imports from China as of 2024 [2] - Dependency rates for core semiconductor materials are significant, with niobium and silicon at 78% and 63% respectively, and lithium for cathodes at 65% [2] - Other critical materials such as gallium (98%), graphite (97%), indium (93%), and magnesium (84%) also show high import ratios from China [2]

Group 1 - The South Korean government announced an increase in the National Growth Fund to 150 trillion KRW, with 75 trillion KRW sourced from pension funds, financial institutions, and private capital, and the remaining 75 trillion KRW established by the Korea Development Bank (KDB) for advanced strategic industry funding [1] - The National Growth Fund will support key industries aligned with President Lee Jae-myung's vision of becoming one of the top three AI nations, achieving a potential growth rate of 3%, and ranking among the world's top five economies, with specific allocations of 30 trillion KRW for AI, 20.9 trillion KRW for semiconductors, 15.4 trillion KRW for mobile transportation, 11.6 trillion KRW for biotechnology and vaccines, and 7.9 trillion KRW for secondary batteries [1] - The Vice Chairman of the Financial Services Commission emphasized that the fund will prioritize large projects that can create significant ripple effects in the industry and serve as turning points for economic growth, aiming to create a "Korean version of Nvidia" [1] Group 2 - The financial industry suggests that to ensure participation and sustainability of the fund, tax incentives and a robust management system should be established to enhance fund returns [1]

Group 1 - The core viewpoint of the article is that the South Korean government, led by Lee Jae-myung, aims to achieve a potential growth rate of 3% through a comprehensive economic strategy known as the "335 Blueprint," which includes becoming one of the top three global AI powers and ranking among the top five in national strength [2] - The government plans to launch a "National Growth Fund" worth 100 trillion KRW to support high-end emerging industries, focusing on sectors such as semiconductors, secondary batteries, biotechnology, future vehicles, AI, robotics, and defense [2] - Experts express concerns that while nurturing new technologies is important, addressing structural issues such as low birth rates, an aging population, and mismatches in labor and technology is crucial for sustainable economic development [2]

Group 1: Government's Five-Year Plan - The South Korean government has announced a five-year plan with 123 national policy tasks across five major areas: politics, economy, society, diplomacy, and security, with a financial investment plan of 210 trillion KRW (approximately 1.1 trillion USD) [1][2][5] - The plan aims to reshape the political power structure and position AI as a leading driver for new economic growth, with a target of becoming one of the top three global AI powers [2][3] Group 2: Economic Development Strategy - The economic strategy includes "technology-led growth," "shared growth," and "fair growth," with a potential economic growth rate exceeding 3% and a long-term goal of ranking among the top five global technology nations by 2030 [2][3] - The government plans to establish a 100 trillion KRW "National Growth Fund" focusing on strategic industries such as AI, biomedicine, and climate technology, while also aiming for a KOSPI index of 5000 [3] Group 3: Social Policy and Challenges - Social policy initiatives will address public healthcare, labor law reforms, and climate policies, although specific climate-related goals are criticized for being vague and lacking concrete targets [4][6] - The plan's implementation faces challenges, including potential resistance to tax expansion measures and the need for private sector participation amid declining business confidence due to recent labor legislation [6][7] Group 4: Funding and Execution Concerns - The government estimates that 210 trillion KRW will be needed over five years, with plans to raise funds through tax expansion and efficiency improvements, but there are doubts about the feasibility of these measures [5][6] - Concerns have been raised about the lack of a clear execution plan and government organizational adjustments, which could undermine the effectiveness of the proposed policies [7]

Core Insights - The social security fund, managing 8 trillion yuan of national pension funds, is aggressively acquiring high-quality assets in the A-share market, which has a total market value of 100 trillion yuan [1][5] - A notable state-owned enterprise has seen its shares significantly increased by the social security fund, with a holding of 25.23 million shares and a remarkable growth of 4543% in its first-quarter report [3][4] Investment Trends - The first quarter is a critical period for institutional investors to position themselves for the year, and the investment moves of the social security fund often attract attention in the A-share market, potentially leading to unexpected returns [4] - In Q1 2023, the social security fund increased its holdings in a leading consumer software company by 2.8 million shares, resulting in a stock price surge of 460% [4] - In Q1 2024, the fund acquired 1.52 million shares of a leading CPO industry company, which subsequently saw its stock price double [4] Performance of Selected Companies - **Meige Intelligent**: Q1 expected growth of 611.31%, with the social security fund purchasing 22.59 million yuan worth of shares. The company specializes in wireless communication and has established partnerships with major enterprises [8] - **Haopeng Technology**: Q1 expected growth of 925.59%, with the fund buying 126 million yuan worth of shares. The company focuses on secondary battery technology and has a strong customer base [9] - **Chengdian International**: Q1 expected growth of 1327.65%, with the fund acquiring 22.44 million yuan worth of shares. The company operates in the public utility sector with a monopoly advantage [10] - **Limin Co., Ltd.**: Q1 expected growth of 1395.38%, with the fund purchasing 54.85 million yuan worth of shares. The company is a leading pesticide manufacturer with a strong market presence [11] - **Sichuan Shuangma**: Q1 expected growth of 1276.50%, with the fund buying 150 million yuan worth of shares. The company has successfully transitioned from traditional cement to private equity investment management [12] - **Leading ICT Infrastructure Company**: Q1 expected growth of 4726.52%, with the fund acquiring 25.24 million yuan worth of shares. The company is a key supplier for major internet firms and has seen foreign and insurance capital investments [13]