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The People’s Republic of China is moving to more technologically sophisticated and more value-creating segments of global value chains.
In the Republic of Korea, efforts are underway to adopt one of the most broadly used pension default options.
In the Republic of Korea, modular homes assembled like LEGO units are being developed as a response to the growing need for small to mid-size housing.
Paving roads with fiber-reinforced asphalt mixture and using a pothole detection technology can help keep roads safe and pothole free.
Under this program, the Republic of Korea will complement the savings of qualified young Koreans.
There is a quicker and more economical way to survey 160,000 road information.
Promoting responsible lending practices on online peer-to-peer platforms builds market trust and deters the need for further regulation.
The Republic of Korea wants to help businesses to secure loans using movable assets, including goods, receivables, and intellectual property.
In the highly competitive Korean market, policy makers need to adjust performance indicators and incentives to encourage banks to increase technology financing.
Policies should encourage private sector participation in building long-term patient capital to support innovative start-ups.