Promotion of the '2025 Regional Economic Revitalization Plan'
All-out Efforts for Livelihood Stability and Regional Economic Vitalization

Amid the prolonged '3 Highs Cold Wave' triggered by high interest rates, high prices, and high exchange rates, and economic instability caused by uncertain domestic and international conditions, Yangju City (Mayor Kang Su-hyun) is attracting attention by promoting proactive livelihood recovery policies centered on citizens.

Yang Soo-hyun, Mayor of Yangju City, is announcing the '2025 Local Economy Revitalization Promotion Plan' on the 21st to recover the stagnant local economy and weakened consumer sentiment in the area. Provided by Yangju City

Yang Soo-hyun, Mayor of Yangju City, is announcing the '2025 Local Economy Revitalization Promotion Plan' on the 21st to recover the stagnant local economy and weakened consumer sentiment in the area. Provided by Yangju City

View original image


On the 21st, Mayor Kang Su-hyun of Yangju announced the '2025 Regional Economic Revitalization Promotion Plan' to revive the stagnant local economy and weakened consumer sentiment within the city, ordering all departments to focus administrative power on making livelihood stability the top priority this year.


This plan includes a total of 15 key initiatives across four areas: support for small business owners, revitalization of local commercial districts, support for small and medium-sized enterprises (SMEs) and workers, and economic recovery from the public sector.


First, the city will open a 'Small Business Center' in the first half of this year to discover and promote various public contest projects and policy initiatives, while also focusing on improving the business environment and special guarantees for small merchants facing difficulties.


Additionally, the city plans to revitalize local commercial districts by linking with cultural events such as regional festivals and easing the requirements for designating shopping districts through ordinance amendments, aiming to enhance both the quantity and quality of local shopping areas.


Next, policies to support SMEs will include financial aid, facility improvements, sales and marketing support, and welfare enhancement for workers, promising meticulous policies covering all aspects of SME operations and improvement of workers' working conditions.


Alongside this, projects for local farmers to expand distribution channels and promote consumption of regional agricultural specialties, as well as initiatives linked with local military units, will be carried out to ensure that citizens working in various fields can feel the stabilization of livelihoods in their respective positions through an 'all-out effort.'


Finally, Yangju City pledged to overcome the difficult economic situation together with citizens by joining forces in the public sector as well.


Starting this month, Yangju will implement 'Local Economy Walk Day,' encouraging public officials to actively use local commercial districts as part of public-private coexistence.


The city expects to promote healthy consumption activities by introducing a restaurant day system for each department within the city, allowing public officials to experience and observe the difficulties of local commercial districts together before leaving work.


Moreover, the city plans to prioritize the use of local products in all areas of public spending, including construction, services, and supplies, while swiftly executing a budget of approximately 290 billion KRW in the first half of the year.



Mayor Kang Su-hyun of Yangju said, “Through communication and listening, we will continuously discover support measures needed by citizens and actively devise regional economic revitalization plans that all citizens can feel. Even in difficult economic circumstances, we will focus all administrative capabilities on prioritizing livelihood stability above all else.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing