On the morning of the 4th local time, Lee Jae-myung, the new president of South Korea, who was officially sworn in that morning, issued his first executive order, requiring the establishment of an "emergency economic inspection team" to start boosting the South Korean economy. During his campaign, Lee Jae-myung, the new president of South Korea, stated that he would prioritize boosting the people's livelihood and economy after taking office. In the presidential candidate TV debate and street campaign activities, Lee Jae-myung has repeatedly expounded on relevant policy propositions. At the rally of supporters in the early morning of the 4th and in his inaugural speech on the morning of the 4th, Lee Jae-myung once again emphasized that South Korea is currently facing multiple difficulties in people's livelihood and economy, and stated that the new South Korean government will vigorously develop high-tech industries such as artificial intelligence and semiconductors, continue to increase investment, enhance the competitiveness of South Korean companies, actively create employment opportunities, and strive to eliminate problems such as regional development imbalances.