Gyeonggi Province Governor Kim Dong-yeon (second from the right in the front row) is taking a commemorative photo with small and medium-sized business owners at Dodamso in Paldal-gu, Suwon on the 13th.

Gyeonggi Province Governor Kim Dong-yeon (second from the right in the front row) is taking a commemorative photo with small and medium-sized business owners at Dodamso in Paldal-gu, Suwon on the 13th.

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Gyeonggi Province Governor Kim Dong-yeon expressed concerns that "our economy next year is quite worrisome" during a meeting with small and medium-sized business owners.


On the 13th, Governor Kim held a luncheon meeting at Dodamso in Paldal-gu, Suwon City (the former governor's official residence) with Kim Ki-moon, Chairman of the Korea Federation of SMEs, Vice Chairmen Noh Sang-chul, Ko Byung-heon, and Son In-guk, Kim Sik-won, Chairman of the Gyeonggi Regional Association of the Federation of SMEs, Han Young-don, Chairman of the Northern Gyeonggi Regional Association, Kim Dong-hyun, Chairman of the Foundry Industry Committee, Kim Jong-ha, Head of the Gyeonggi Regional Headquarters, and Song Yoo-kyung, Chairman of the Korea Supermarket Cooperative Federation, where he shared these concerns.


At the meeting, Governor Kim said, "As someone who has overseen the economy for a long time, I am quite worried about the second half of this year and the first half of next year," and emphasized, "Gyeonggi Province will work with our business owners, especially small and medium-sized enterprises, to revitalize the dynamism of our economy."


He continued, "Gyeonggi Province has prepared next year's budget as an expansion budget," and introduced, "Out of the '100 trillion won investment attraction' goal, Gyeonggi Province has attracted 34 trillion won. We are taking a somewhat different path for active economic stimulation and revival, including various credit financing to support small and medium-sized enterprises, and local currency to protect small business owners and self-employed individuals."


He added, "Two weeks ago, I went to China and met with the Vice Premier in charge of the Chinese economy, and I thought it would be good if small and medium-sized business owners could also meet him," and said, "Liaoning Province, which I visited this time, has a population of 45 million, and we will strive to provide many opportunities for small and medium-sized enterprises."


Kim Ki-moon, Chairman of the Federation of SMEs, responded, "Looking closely at this (Gyeonggi Province) budget, it has increased the necessary budgets for small and medium-sized enterprises, startups, and care services," and said, "We will continue to love small and medium-sized enterprises and small business owners as we do now, and we will also work hard for the development of Gyeonggi Province and the nation."


The attending business owners proposed the establishment of a second three-year basic plan for continuous and systematic support of small and medium-sized enterprise cooperatives, the installation of a special autonomous province in Northern Gyeonggi, relaxation of tenant industries in industrial complexes in border areas, and active support for urban gas supply.



Despite the difficult domestic and international economic situation, Gyeonggi Province plans to continue building close communication and cooperative relationships with the Korea Federation of SMEs, which plays a role in improving the status of small and medium-sized enterprises.


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

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