Park Young-sun Continues Daily 'COVID-19 Livelihood' Efforts: "We Must Create a Subscription Economy Ecosystem"

[Asia Economy Reporter Oh Ju-yeon] "The government and the city must create a subscription economy ecosystem to ensure stable sales for small business owners."

On the 29th, Park Young-sun, former Minister of SMEs and Startups and a candidate for the Seoul mayoral by-election, made this remark during her visit to the 'Sangsaeng Sanghoe' for small business owners.

Park Young-sun, former Minister of SMEs and Startups and a candidate in the Democratic Party of Korea's Seoul mayoral by-election primary, is purchasing agricultural products while holding a market basket at Sangsaeng Sanghoe, a nationwide specialty product regional cooperation hub space in Jongno-gu, Seoul, on the 29th. Photo by Yoon Dong-joo doso7@

Following her visit to Guro Digital Complex the previous day, Park continued her COVID-19 relief efforts by visiting Sangsaeng Sanghoe located in Anguk-dong, Jongno-gu, Seoul.

After touring the local specialty product exhibition hall, Park discussed cooperation and support measures with Cho Hye-won, head of the Seoul Regional Coexistence Exchange Project Group, focusing on local farms struggling during the COVID-19 period.

At the event, Park stated, "From the perspective of the digital economy, coexistence through online channels is important," adding, "To maintain stable sales for small business owners during the COVID-19 era and to establish a subscription economy ecosystem, the government and Seoul city will actively cooperate."

Sangsaeng Sanghoe has been recognized as a representative Seoul city project that promotes and supports the distribution of local specialty products as a model case of live commerce for small business owners. When asked by reporters why she visited Sangsaeng Sanghoe, Park replied, "I was curious about what the voluntary coexistence enterprise Sangsaeng Sanghoe is doing," and added, "In the era of digital online sales, coexistence is truly an important marketing strategy."

She continued, "What the government and the city need to do is to make it detailed and easy for small business owners to digitally transform and sell their products," emphasizing, "If we connect non-face-to-face online sales to small business owners, their sales will be maintained stably, and they will suffer less even when sudden disasters occur." She also stressed, "The government and the city must create a subscription economy ecosystem to ensure stable sales for small business owners."

On the previous day as well, Park visited Infinite Healthcare, a company developing an AI-based remote medical reading system located in Guro Digital Industrial Complex, along with Democratic Party lawmaker Yoon Gun-young, and shared her thoughts on the subscription economy. The company has been praised for sharing performance and benefits with its employees while providing its AI-based remote medical reading system as a 'subscription-type' service.

Park said, "When adopting the subscription economy, sales stabilize, and users can also use services at a low cost, so both startups and small business owners can benefit," adding, "Now, with the subscription economy and protocol economy as new paradigms, startups and small business owners must share profits together to gain competitiveness."

This content was produced with the assistance of AI translation services.