[South Korean President Lee Jae-myung: AI Investment to be Expanded, Budget for Three Mega Projects Increased to 21.3 Trillion Won] According to Jinse Finance, on November 2nd, South Korean President Lee Jae-myung delivered a policy speech to the National Assembly, introducing the budget for the coming year and emphasizing a comprehensive shift in the growth strategy to overcome the limitations of "K-shaped growth." He specifically mentioned that investments in future growth drivers such as artificial intelligence, which the government has been focusing on promoting over the past year and five months, will continue to expand. Lee Jae-myung stated, "We will invest 21.3 trillion won in three mega projects: semiconductors, physical AI, and AI data centers, nearly double the scale of this year's projects." He also emphasized, "We will cultivate the next generation of growth engines to replace semiconductors. We will invest 13.8 trillion won in ten next-generation strategic technology fields to ensure a leapfrog competitive advantage; at the same time, focusing on seven seed projects and other cutting-edge technologies, we will increase R&D investment by 4 trillion won, bringing the total budget to a record 39.5 trillion won." He stated that he will also accelerate the comprehensive energy transition, listing plans such as expanding the construction of solar energy benefit villages and increasing subsidies for electric vehicles. (Jinshi)