Win-Win Growth Week, which celebrated its 19th anniversary this year, is a legal event where government and the private sector work together to promote win-win growth among large and small businesses and to improve public understanding of win-win growth among large and small businesses.
At the Win-Win Growth Week ceremony, six major economic organizations*, including the Korean Federation of Small and Medium-sized Enterprises and the Federation of Korean Industries, pledged to promote win-win growth activities that people can feel at home. motto (slogan) sign of “Growth shared with my life, Korea where all thrive.” made a will
* (Small and Medium Enterprises) Korean Federation of Small and Medium Enterprises, National Federation of Merchants, Venture Business Association
(Midi Enterprises) Federation of Korean Industries, Korean Chamber of Commerce and Industry, Korean Federation of Medium Enterprises
The motto (slogan) emphasizes that the fruit of shared growth is not far off but it is permeated into my life, and it contains the meaning of creating a Republic of Korea where large companies, small and medium business owners and the general public all thrive together.
The win-win growth week event has helped create a basis for small and medium-sized enterprises and large companies to grow together, spreading a culture of win-win growth and forming social consensus.
※ 97.5% of the public recognize that shared growth is necessary (Collaborative Growth Committee, public awareness survey on shared growth, April 2022)
In this Win-Win Growth Week ceremony, prizes (totalling 112 points)* were awarded to those who contributed to win-win growth.
* Contributors to shared growth with large and small businesses (71 points): 2 medals, 1 medal, 7 presidential citations, 7 premier citations, 54 ministerial citations
Companies participating in the pilot project of the connected delivery payment system (41 points): Commendation of the Minister 41
Among them, Samsung Electronics Vice President Lee Woo-seop received the Silver Tower Order of Industrial Service Merit, Yeosu-dong Hyundai Transys President received the Bronze Tower Order of Industrial Service Merit, and LG Innotek Chief Executive Officer Lee Yong-ki was awarded the Industrial Service Medal.
Lee Woo-seop, vice president of Samsung Electronics Co., Ltd., awarded the Silver Tower Order of Industrial Service Merit, was recognized for his efforts to ease the financial burden of small and medium-sized suppliers and stabilize their management through the establishment of 2.2 trillion won funds (funds) as win-win funds (funds) and win-win payment operation in the past three years.
The CEO of Hyundai Transys Co., Ltd. Yeosu-dong, who received the Bronze Tower Order of Industrial Service Merit, was awarded the Bronze Tower Order of Industrial Service Merit in recognition of his contribution to strengthening the competitiveness of small and medium-sized by managing a mutual growth program tailored to partner companies and promoting sales and market expansion.
Lee Yong-ki, executive director of LG Innotek Co., Ltd., who received the Industrial Medal of Honor, was recognized for his contributions to stabilizing the management of small and medium-sized enterprises, such as improving the payment system for partners, providing financial support and increasing the supply price for partners due to the increase in raw materials.
Furthermore, 41 points of praise from the Minister for SMEs and Startups were also awarded to companies that participated last September in the pilot project of the delivery payment linkage system.
During the Growth Week win-win ceremony held before the awards ceremony, calligrapher Lee Hwa-seon wrote the slogan of the event, and officials of six major economic organizations wrote the keyword “Shared Growth Korea” under it . ) one letter at a time, they are committed to promoting a shared practical growth that people can feel.
Joo-hyun Jo, Deputy Minister of SMEs and Startups, said in a pep talk, “Small and medium-sized venture capital firms are at the heart of overcoming the three crises (high exchange rate, high interest rate, high inflation ) that our economy is currently experiencing.
“The coexistence of small and medium-sized enterprises (SMEs) growing together with small and medium-sized enterprises will be a new growth engine for Korea, which is facing a complex transition period,” he said.
In a welcoming speech, Young-gyo Oh, chairman of the Shared Growth Committee, said, “By continuing various shared growth activities beyond regions, industries and fields, we are restoring the growth engine of the Korean economy.” and creating a Korea of shared growth where we participate and grow together”.
“The private sector’s autonomous mutual growth activities will serve as a solid foundation for resolving conflicts between companies and developing the country’s economy,” he said.
