Anchor: The government will foster new service industries situated in the sharing economy and ease regulations to push forward investment projects that have been on standby. The latest decisions were reached during a meeting on promoting trade and investment at the presidential office on Wednesday.
Our Bae Joo-yon has more.
 
Report: The government has revealed a set of measures aimed at spurring trade and investment in industries that have been stagnant as part of efforts to boost exports and create jobs.
 
At the meeting chaired by President Park Geun-hye on Wednesday, the government decided under the agreed measures to ease regulations on the green belt areas of Yangjae-dong and Umyeon-dong in Seoul in order to promote research and development(R&D) by private companies.
 
By easing the rules, the government will allow private firms to build R&D facilities as part of efforts to settle six investment projects that have been on hold due to regulations or differences of opinion among agencies. The government is aiming to generate investments worth six-point-two trillion won with the latest move.
 
Also during the meeting, the government selected sports industries, the sharing economy, healthcare services and the expansion of universities overseas as four key areas to cultivate more jobs and develop new service markets.
 
In terms of sports industries, the government will urge private golf courses to go public and sharply ease land regulations for camping grounds in line with rising demand for leisure activities.
 
The government also plans to launch a trial project regarding shared homestays for Busan, Gangwon Province and Jeju that will limit the day of operations to within 120 days per year.
 
In terms of healthcare services, the government will devise clear guidelines for the clear distinction between such services and medical activities. It will also promote the development of related business models.
 
As for universities’ overseas expansion, the government will promote the export of college education services by coming up with legal grounds for setting up campuses abroad.
 
The government expects that the latest measures will lead to a generation of investment worth more than six-point-two trillion won and the creation of more than 320-thousand jobs.
 
The government said that in order to pursue the latest measures, 21 laws need to be revised or newly established.
Bae Joo-yon, KBS World Radio News.