Gwangju Employers Federation Urges Priority Use of Second Consumption Coupons Near Industrial Complexes

The Gwangju Employers Federation announced on September 15 that, ahead of the application period for the second round of livelihood recovery consumption coupons on September 22, it is requesting that the coupons be used first in areas near member companies located in industrial complexes such as Hanam, Pyeongdong, Jingok, and Cheomdan.

The consumption coupons can be used widely at restaurants, convenience stores, and general supermarkets, among others, by selecting from local currency, credit, debit, or prepaid cards within a three-month validity period. The Gwangju Employers Federation will promote the use of the coupons to revitalize the local economy through official documents, faxes, emails, and text messages.

Since the launch of the new government, the Gwangju Employers Federation has helped many small business owners recover by encouraging the use of the first round of livelihood recovery consumption coupons, which ranged from 150,000 to 520,000 won per person and were distributed nationwide, in commercial districts near member companies to support the recovery from the economic downturn and stabilize livelihoods.

The second round of livelihood recovery consumption coupons will provide an additional 100,000 won per person to 90% of the population. Applications can be submitted from September 22 to October 31, and the coupons can be used until November 30. As with the first round, applications during the first week will be accepted on designated days based on the last digit of the applicant's birth year.

Applications can be made online through credit card companies, the local gift certificate website, apps, call centers, and ARS, or offline at partner bank branches and local administrative welfare centers.

During the first round of livelihood recovery, the sector where the consumption coupon support funds were used the most was restaurants, accounting for more than 40% of usage, followed by supermarkets and groceries, convenience stores, hospitals and pharmacies, medical goods and miscellaneous items, private academies, and leisure and recreation in that order.

A representative from the Gwangju Employers Federation stated, "The 854 member companies of the federation have witnessed a revival of local commercial districts and a turnaround in consumer sentiment thanks to extensive promotion and participation during the first round. We will continue to support small business owners by encouraging prompt use of the coupons near member companies to further boost the domestic economy during the second round."

Chairman Yang Jinseok emphasized, "The second round of livelihood recovery consumption coupons is expected to stimulate local consumption, serve as a catalyst for economic recovery, and improve the livelihood economy. We will take the lead in creating a movement together with member companies so that Gwangju citizens can enjoy a better quality of life."

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