Strengthening Competitiveness of Alleyway Commercial Districts and Traditional Markets in Full Swing

Mokpo City in South Jeolla Province has begun formulating comprehensive measures to restore weakened consumer sentiment and strengthen the competitiveness of the local commercial district.

On the 13th, the Task Force meeting for revitalizing the local commercial district, a key initiative of the 'Mokpo Grand Plan Project,' was held. Provided by Mokpo City

On the 13th, the Task Force meeting for revitalizing the local commercial district, a key initiative of the 'Mokpo Grand Plan Project,' was held. Provided by Mokpo City

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The city announced that on the 13th, it held a Task Force meeting for revitalizing the local commercial district, a key initiative of the 'Mokpo Grand Plan,' and began discussions on strategies for boosting the local economy.


This meeting was convened in response to the recent decline in consumer sentiment and the difficulties facing the local commercial district, which have been exacerbated by growing external economic uncertainties, such as geopolitical risks stemming from the Middle East.


The meeting was attended by a diverse group of participants, including academic experts from Mokpo National University, representatives from the Federation of Microbusinesses, traditional market and alleyway merchant associations, the Korea Foodservice Industry Association, and the Jeonnam Social Enterprise Association, as well as officials from related organizations and groups, who shared a wide range of opinions.


In particular, the main agenda items discussed in depth included expanding the designation of alleyway-type shopping districts, strengthening support for the digital transformation of microbusinesses, improving the environment of traditional markets and fostering specialized cultural tourism markets, promoting the growth of the social solidarity economy, establishing a culture of 'Friendly Mokpo' in the commercial district, and managing price stability.


Based on the discussions of this Task Force, the city plans to conduct a detailed analysis of the current state of the commercial district and gradually implement effective policies identified through this process.


Seokhun Cho, acting mayor of Mokpo City, stated, "The local commercial district is a vital economic foundation directly connected to the daily lives of citizens. We will swiftly implement the identified tasks to create a vibrant commercial district that both citizens and microbusiness owners can truly experience."



Meanwhile, Mokpo City plans to accelerate structural improvements to the local economy and establish a foundation for sustainable growth through the 'Mokpo Grand Plan.'


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

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