"Save Local Businesses"... Gyeonggi-do Holds Month-Long Sales Promotion and Discount Events

Kim Hyun-gon, Deputy Governor for Economic Affairs of Gyeonggi Province, is holding a press conference on the "Generous Sale" to revitalize the stagnant local commercial district on the 16th.

Gyeonggi Province will hold a 'Big Sale' linked to local festivals at 155 local markets and alleyway commercial districts across the province for one month starting from the 17th of this month.

During this period, Gyeonggi Province will simultaneously host promotional and discount events to revitalize the stagnant local economy.

Additionally, from the 6th to the 16th of next month, discount events on agricultural, livestock, and fishery products will be held at Hanaro Mart and Nonghyup Distribution Centers (10-30%), local food direct stores (10%), and the Online Market Gyeonggi (20-30%).

Gyeonggi Province will increase the discount rate of local currency from 6% to 7% by city and county until the end of August, and will also expand the issuance scale in May and June.

For some cities and counties that require ordinance amendments to raise the recharge limit, discussions on related matters will be conducted.

Kim Hyun-gon, Deputy Governor for Economy of Gyeonggi Province, stated, "The government has presented optimistic forecasts that the economy will recover due to increased exports in semiconductors and other sectors, but the actual economic sentiment felt by ordinary citizens remains poor. We will continue to carry out livelihood recovery projects that have a high impact on residents."

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