Gwangju Gwangsan-gu Promotes Domestic Demand Boost and Consumption Stimulation

Cafeteria Closed, Purchasing Products from Small Businesses, and More

Gwangsan-gu in Gwangju is launching initiatives such as a consumption promotion campaign to revitalize the local economy.

On the 6th, Gwangsan-gu announced that it will implement measures such as closing the district cafeteria and purchasing products from small business owners to help recover the local economy, which has been sluggish due to domestic market stagnation and the current emergency political situation.

The district will not operate its cafeteria once a month to share the difficulties faced by small business owners. It also encourages the use of small business restaurants for small events and gatherings, and promotes consumption by encouraging shopping at traditional markets and purchasing products from small business owners before the Lunar New Year holiday.

Exterior view of Gwangsan District Office, Gwangju.

A special discount on the Gwangju Sangsaeng Card for the Lunar New Year holiday will also be offered. To boost the livelihood economy, Gwangju City and its five autonomous districts have urgently injected a budget of 10 billion KRW, increasing the Sangsaeng Card discount rate from 7% to 10% for the month of January. Prepaid cards can be purchased in advance at a 10% discount, and for check cards, the 10% discount applies only to usage (payments) made in January.

Park Byungkyu, the head of the district, said, "The local economy has been shrinking due to the ongoing domestic market stagnation and the current emergency political situation," and added, "We will do our best so that the consumption promotion campaign can increase sales for small business owners and help the local economy recover quickly."

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