I plan to eliminate the equity cap in investment, and I also plan large-scale deregulation to meet global standards.

For us, from Korea's perspective, China is the number one investment destination as well as number one trading partner.

Korea is an open society and we will make sure that there is no restriction on foreign investment in Korea.

Fiscal crises often turn into financial crises, dealing a blow to the real economy.

Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.

If we are to assume that North Korea becomes a nuclear-power state, of course the danger of having an all-out nuclear war, that possibility is very slim.