China News Service, Seoul, January 26 (Reporter Zeng Nai) According to a report released by the Bank of Korea on the 26th, preliminary calculations show that the GDP growth rate of South Korea in 2020 is -1%, and the annual economic growth rate It has experienced negative growth for the first time since 1998.

  The report shows that the GDP growth rates from the first quarter to the fourth quarter of last year were -1.3%, -3.2%, 2.1% and 1.1%.

According to the report, the export market showed signs of recovery in the fourth quarter, and the export volume of semiconductors and chemical products increased significantly.

However, the annual GDP growth was negative, setting the lowest value since the financial crisis.

At the end of December 2020, a light box was built on Cheonggye Plaza in the center of Seoul, on which a few short sentences-"together" and "together with the epidemic" were projected.

Photo by China News Agency reporter Zeng Nai

  South Korean Deputy Prime Minister and Minister of Planning and Finance Hong Nam-ki said on the same day that the new crown pneumonia epidemic caused a heavy blow to the economic situation last year, and the recovery of the export market will help the economy gradually recover this year.

  However, Hong Nanji also pointed out that due to the third wave of the epidemic in South Korea at the end of last year, which greatly weakened household consumption power, economic recovery may not rebound strongly.

  According to the report of the South Korean Central Anti-epidemic Countermeasures Headquarters on the 26th, in the past 24 hours, South Korea has newly confirmed 354 cases and a total of 75,875 confirmed cases.

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