Han made the remarks during a meeting of senior officials from the government, the ruling People's Power Party and the presidential office, noting that disparities in the pace of reform between regions persist, Yonhap news agency reported.

"In line with the increase in exports, companies' profits will expand, and through salary and dividend payments, household incomes will improve and purchasing power will increase, thereby contributing to internal improvements, including consumption," he said. Focus on maintaining positive export trend.

Exports, a key economic growth engine, rose 11.7 percent year-on-year in May to $58.1 billion, according to government data, the eighth consecutive monthly gain due to strong global demand for semiconductors among other commodities.