Meeting with CEOs
Overview
'Meeting with CEOs' refers to the process in which the government, public institutions, or major economic organizations hold private or public meetings with chief executive officers (CEOs) of private companies to exchange opinions on economic issues, regulatory improvements, investment expansion, job creation, and more. These meetings serve as a key channel for enhancing the field relevance of policy formulation and listening to corporate difficulties.
Main Content
Background and Purpose
CEO meetings are planned to increase the effectiveness of economic policies. The government can directly hear the voices of the business field, while companies can reduce uncertainty by understanding policy directions in advance. Particularly during economic crises or industrial transitions, they are utilized as a rapid communication channel.
Main Participants
- Government side: President, Deputy Prime Minister for the Economy, Minister of Trade, Industry and Energy, Minister of SMEs and Startups, etc.
- Corporate side: CEOs of major conglomerates such as Samsung Electronics, Hyundai Motor, SK, LG, and representatives of mid-sized and small businesses
- Others: Heads of economic organizations such as the Korea Employers Federation and the Korea Chamber of Commerce and Industry
Main Agenda
1. Regulatory Reform: Identifying and requesting improvements to unreasonable regulations that hinder corporate activities
2. Investment Expansion: Sharing investment plans for advanced industries such as semiconductors, batteries, and biotechnology, and discussing incentives
3. Job Creation: Measures for youth employment, conversion to regular positions, and improvement of working conditions
4. Export Support: Responding to global supply chain restructuring and changes in the trade environment
5. Digital Transformation: Plans to revitalize AI, cloud, and data economy
Format
Meetings are usually held in the form of lunch or breakfast meetings and are often conducted privately. The government collects company-specific difficulties in advance and promises follow-up measures after the meeting. Recently, online video conferences have also been used in parallel.
Examples
- 2023 Meeting with Economic Organization Heads: President Yoon Suk Yeol met with the Chairman of the Korea Chamber of Commerce and Industry, etc., to discuss measures to revitalize exports and investment
- 2024 Semiconductor CEO Meeting: Chaired by the Minister of Trade, Industry and Energy, a meeting with CEOs of semiconductor companies such as Samsung and SK called for the enactment of a special semiconductor law
- 2025 SME CEO Meeting: The Minister of SMEs and Startups met with startup representatives and announced the expansion of the regulatory sandbox
Latest Trends
From 2024 to 2025, CEO meetings in advanced industries such as AI, semiconductors, and batteries are rapidly increasing. The government has regularized the 'Public-Private Joint Economic Trend Review Meeting' to meet with CEOs quarterly, and corporate risk management has emerged as a major agenda amid global supply chain instability and US-China conflicts. Additionally, cooperation measures for ESG management and achieving carbon neutrality goals are frequently discussed. In 2025, CEO meetings related to AI safety and data privacy have newly emerged.
Related Topics
- [[Economic Policy]]
- [[Regulatory Reform]]
- [[Corporate Investment]]
- [[Job Creation]]
- [[ESG Management]]
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