Daily News – Gyeonggi Global Global Inspiration, Global Gyeonggi 2019-06-10T01:15:59Z https://english.gg.go.kr/feed/atom/ WordPress admin <![CDATA[Gyeonggi Province’s Trade Promotion Group Expects Realization of Export Contracts Worth USD 15.53 Million]]> http://english.gg.go.kr/?post_type=daily-news&p=15084 2019-06-10T01:15:59Z 2019-05-17T01:06:10Z ○ Latin American Trade Mission, leveraging FTA, visits three Latin American countries from April 28 to May 9
○ 10 companies held 186 meetings with local buyers (USD 35.22 million), proceeding with 160 contracts (USD 15.53 million)

The Gyeonggi Province Latin American Trade Mission visited Mexico, Peru, and Colombia from April 28 to May 9, and held 186 business meetings that are expected to result in export contracts worth a total of USD 15.53 million.

The mission members consisted of 10 small and medium-sized enterprises based in the province, including: C&N Cosmetics, PaxGenBio, Sehwa CNM, Daeun Medical, Airtec, C&C International, Rits-N, MK Bio Science, Weltech and DH Tech. Gyeonggi Province, the Gyeonggi FTA Business Center, and KOTRA provided these businesses with local buyer matching, consultation, and interpretation services.

The mission members visited Mexico City (Mexico), Lima (Peru), and Bogota (Colombia), holding export conferences. In Mexico, participating companies held 54 meetings pertaining to exports valued at USD 11.71 million and entered into 50 contracts valued at USD 6.43 million. In Peru, 71 meetings took place for export consultations valued at USD 12.26 million and 55 contracts worth USD 4.48 million. In Colombia, the companies held 61 meetings for export consultations valued at USD 11.24 million and a total of 55 contracts worth USD 4.61 million.

Weltech, a manufacturer of water purifiers and hydrogenous water machines, received initial orders worth USD 8,810 from three Mexican companies and orders valued at USD 360 thousand from three Colombian companies, entering into business agreements with them immediately. “We participated in the Central and South America Trade Promotion Conference for the third time, and finally came to understand what types of products actually work for export to the Latin American market. For the purpose of maintaining continuous communications with local markets, events like this conference are necessary because they are the best way to precisely understand international markets and succeed in exporting,” said Lee Nam-seok, the Vice President of Weltech.

DH Tech, a welding machine manufacturer, participated in the Gyeonggi Provincial Trade Mission for the first time. DH Tech promoted the high quality and reasonable prices of its products among Mexican buyers, who had previously only dealt with expensive US or European products or cheap Chinese products; DH Tech received orders worth USD 65,000 on the spot.

Airtec, a small air purifier manufacturer from Seongnam, participated in this conference for the purpose of conducting research on the Latin American market, where particulate matter has not yet emerged as a widespread social issue. However, the company unexpectedly had great success at the conference: local buyers showed a lot of interest in Airtec’s Bluetooth speakers and air purifiers that were designed in collaboration with Walt Disney Studios and Marvel Studios. Airtec received an initial order for 250 air purifiers valued at USD 30,000 from Airum, based in Mexico, and signed a business agreement with Optimus Team SAS, from Columbia, for a deal worth USD 200 thousand.

“Mexico is our largest export market in Central and South America and the investment environment in the region has improved, attracting foreign investment to Peru,” said Park Shin-whoan, Gyeonggi Province Assistant Governor for Economy and Labor. “Since Colombia is a FTA partner with Korea, Korean companies can be more competitive in price in the country than rivals from other countries. Gyeonggi Province will continue to support Korean companies so that they can expand their exports throughout Latin America, starting with these export conferences,” he added.

admin <![CDATA[SMEs Successfully Participate in 2019 K-Beauty Expo Shanghai, Open KRW 9.6 Billion in Export Channels to Chinese Economic Heart]]> http://english.gg.go.kr/?post_type=daily-news&p=15082 2019-06-10T01:15:35Z 2019-05-17T01:00:59Z ○ The K-Beauty Expo Shanghai 2019 was successfully held from May 6 to 9.
○ 1,025 meetings generate contracts valued at KRW 9.6 billion; on-the-spot orders for exports valued at KRW 3 billion
○ Large-scale export conference with 400 representatives from 200 Taobao “power sellers” (first event of its kind)
○ Approximately 90% of the participating companies were satisfied with the event; there were over half a million visitors, an advance briefing session, and promotional activities led by the Chinese influencer Wang Hong

Korea’s leading companies from the beauty industry have successfully opened new sales channels via Shanghai, an economic center of China, with an expected combined export volume of KRW 9.6 billion.

On May 14, Gyeonggi Province announced that it hosted export meetings at the 2019 K-Beauty Expo Shanghai at the National Exhibition and Convention Center (NECC) in Shanghai from May 6 to 9. These meetings led to the generation of contracts valued at KRW 9.6 billion and on-the-spot orders placed with domestic companies for exports valued at KRW 3 billion.

This event – held under the theme “All About K-Beauty” – saw the hosting of 86 booths by 63 domestic companies, including 52 booths by 32 Gyeonggi-based companies in the beauty industry. The companies presented their products in all K-beauty categories (including cosmetics, skin treatment, and skin care, as well as hair, body, and nail care) in mainland China to approximately half a million visitors.

Of particular note, because the fair was held in conjunction with the China International Beauty Expo (Shanghai), the largest beauty industry fair in China which attracted approximately 2,200 Chinese and international companies, the event was able to benefit from synergistic effects.

In collaboration with the KOTRA Shanghai Trade Center, Gyeonggi Province provided participating companies with lists of potential buyers before departure, and also held a briefing session on the latest trends in global cosmetics markets including the Chinese market before the opening of the fair.

Because the Chinese government reduced tariffs in July last year and streamlined the process for examining and registering imported goods for the international direct purchase of cosmetics, Gyeonggi Province held an export conference with the invitation of approximately 400 representatives of 200 power sellers on Taobao, the largest e-commerce platform in China, to help participating Korean companies enter the Chinese online market.

Additionally, Gyeonggi Province invited Wang Hong, a Chinese influencer with about 150 million subscribers on Chinese live streaming sites, such as Yizhibo, Huajiao, and more, to visit each booth and introduce the participating companies’ products to viewers throughout China in real time.

“We have postponed our return due to the number of meetings we set up with buyers we were able to meet during the fair and during the export conference with Taobao power sellers. Based on the outcomes of this fair, we think it is in our best interest to continue making an effort to enter the markets in Hong Kong and Taiwan, as well as in mainland China,” said a representative of Suae, a Goyang-based company that manufactures LED under-eye patches, expressing satisfaction.

A representative of Bucheon-based C&N Cosmetic said: “More than 90% of the visitors to our booth were large-scale buyers. I think we will be able to successfully enter the Chinese market based on continuing exchanges with the buyers we met in the meeting with Taobao sellers.”

“We had a lot more visitors than we expected, and we were also satisfied with the booth’s design,” said a representative of E-rin, a Suwon-based company. He continued: “During the course of the fair, our booth attracted over 200 WeChat (a prominent local SNS app) users. We believe that we will be able to achieve even better results in the future.”.

A Gyeonggi official stated: “According to a survey conducted by the province, 90% of participants were satisfied with the event and hoped to participate in it again. We will continue to support promising SMEs in the beauty industry with their entry into international markets.”

The next K-Beauty Expo will run from July 11 to 13 at the Bangkok International Trade & Exhibition Centre in Thailand.

admin <![CDATA[Goal of Creating Global Semiconductor Production Base with 84,000 employees and 19 Lines by Year 2025: Gyeonggi Province’s Plan for Creation of Semiconductor Cluster Encouraged by Investment Plans of Samsung and SK hynix]]> http://english.gg.go.kr/?post_type=daily-news&p=15080 2019-06-10T01:14:29Z 2019-05-17T00:41:33Z ○ Gyeonggi Province has formulated support plans for semiconductor development following SK hynix and Samsung’s decisions to invest in semiconductor manufacturing facilities in the province.
○ The Gyeonggi Semiconductor Cluster is expected to be created by 2030.
– Combining Samseong’s Giheung, Hwaseong, and Pyeongtaek Plants with SK hynix’s Icheon and Yongin Plants
– The goal is to become a global semiconductor production powerhouse with 84,000 employees working on up to 19 production lines.
○ The semiconductor industry is expected to have a considerable influence on future economic growth and job creation in Korea.
– Gyeonggi Province plans to bolster support and is organizing a task force to create the Yongin Mutual Growth Cluster.

In response to SK hynix’s decision to invest KRW 122 trillion in the Yongin Semiconductor Cluster and Samsung’s announcement of its plan to invest KRW 133 trillion into system semiconductors, Gyeonggi Province established support plans to actively encourage their investments.

According to an announcement released on May 15, Gyeonggi Province has begun preparations for a long-term support plan for the semiconductor industry by organizing a task force and establishing a mutually beneficial plan for cooperation based on the expectation that the semiconductor industry will have a considerable influence on the future of Korea’s economic stability.

Research conducted by Gyeonggi Province revealed that nearly half (43.3%) of last year’s domestic semiconductor export volume, USD 54.8 billion out of a total USD 126.7 billion, was attributable to companies based in the province. This is because roughly 64.3% of domestic semiconductor companies are based in Gyeonggi Province. According to the Korea Semiconductor Industry Association, Gyeonggi Province is the region with the most semiconductor companies in Korea with 162 out of a total of 252 companies. This number is three times greater than the 50 companies of second-place Seoul.

Gyeonggi Province currently accommodates: the Samsung Electronics’ Giheung and Hwaseong Plants; the Samsung Semiconductor Plant 1 in Pyeongtaek, which is located in the Godeok International Industrial Complex; and the SK hynix Semiconductor Complex in Icheon. A total of 41,000 employees are working on 10 lines at the Samsung Electronics Giheung and Hwaseong Plants, 4,000 employees on a line in Pyeongtaek Plant 1, and 18,000 employees on two lines in the SK hynix Icheon Plant.

With construction of the SK hynix Yongin Plant as well as operation of the Samsung Semiconductor Pyeongtaek Plant 2 and the SK hynix Icheon M16 Plant starting in March next year, the Gyeonggi Semiconductor Cluster is expected to be fully formed by 2030, when it is projected to become a base for global semiconductor production with 84,000 employees working on up to 19 lines.

Additionally, the Gyeonggi Yongin Platform City that Gyeonggi Province and Yongin City agreed to jointly develop is expected to accelerate the creation of the Gyeonggi Semiconductor Cluster. The Gyeonggi Yongin Platform City will be a self-sufficient urban area equipped with state-of-the-art industrial, commercial, residential, cultural, and welfare facilities on a 2.7-square-kilometer site extending through Bojeong-dong, Mabuk-dong, and Singal-dong in Giheung-gu, Yongin City. The area already has robust industrial infrastructure accommodating the headquarters of major pharmaceutical companies such as Green Cross and Il Yang Pharmaceutical, as well as their manufacturing and R&D facilities, and the nearby Mabuk R&D Complex where nine companies, including Hyundai Mobis, and the Hyundai Technology Research Center are located. In this respect, Gyeonggi Province expects synergies to be realized through the Gyeonggi Yongin Platform City and the Yongin Semiconductor Cluster, where SK hynix recently decided to locate its plant.

Gyeonggi Province will support the successful creation of the Gyeonggi Semiconductor Cluster by all available means and also establish additional support measures.

On April 17, Gyeonggi Province held a Gyeonggi Joint Support Group meeting, led by the Vice Governor for Administration 2 and the Vice Governor of Peace, in which 11 departments participated. At this meeting, the province decided to operate a one-stop intensive support system in order to accelerate the authorization of the use of agricultural lands and mountain areas for the expansion of infrastructure, such as electrical lines, waterworks, and roads. In addition, a semiconductor industry task force was organized within the Industrial Policy Division that will support authorization work. Gyeonggi Province is also considering plans to transform the task force into a standing organization through the administrative reorganization scheduled in July and province-wide promotion of the creation of the semiconductor cluster, because it is expected that the cluster will have significantly positive effects on job creation and the revitalization of the local economy.

Gyeonggi Province and SK hynix are discussing ways in which to cooperate so as to ensure the successful development of the Yongin Semiconductor Cluster. The province plans to both establish the Mutual Growth Cooperation Center, equipped with entrepreneurial research spaces and education facilities for both large companies and SMEs in the Yongin Semiconductor Cluster, and to create a mutual growth fund to support companies that have innovative technologies related to semiconductor equipment, materials, and parts.

Park Shin-whoan, Gyeonggi Province Assistant Governor for Economy and Labor, stated: “The semiconductor industry has had a significant impact on the creation of high-quality jobs, economic growth, and in bolstering the competitiveness of domestic companies. In this sense, it is very important to successfully create the Gyeonggi Semiconductor Cluster. Gyeonggi Province, in order to prevent its support from being focsued on just a few companies, is seeking a multifaceted approach to create an industrial cluster for shared growth, where large companies and SMEs can flourish together.”

admin <![CDATA[220 Gyeonggi Province SMEs Expand Export Channels into 9 ASEAN Countries]]> http://english.gg.go.kr/?post_type=daily-news&p=15078 2019-06-10T01:13:48Z 2019-05-17T00:34:57Z ○ Gyeonggi Province held the 2019 ASEAN Day Export Conference at the Suwon Convention Center on May 14.
○ A total of 72 buyers from nine countries, including Vietnam and Malaysia, participated in the conference for one-on-one business meetings with approximately 220 Gyeonggi companies.
○ 345 contracts valued at USD 39.6 million in total were realized through 553 meetings.

Gyeonggi Province has succeeded in opening up new export channels in nine emerging ASEAN markets that have garnered attention under the government’s New Southern Policy.

On May 14, Gyeonggi Province hosted the 2019 ASEAN Day Export Conference, inviting foreign buyers from ASEAN regions to the Suwon Convention Center. A total of 553 business meetings took place during the conference and 345 contracts, valued at USD 39.6 million, were generated.

Approximately 220 promising small and medium-sized companies from Gyeonggi Province participated in this conference, which was organized to help them expand their export channels. These companies had productive one-on-one meetings with 72 buyers from nine countries, including Vietnam, Malaysia, and Myanmar.

Gyeonggi Province’s support to promote successful meetings―one-on-one buyer pairing in advance, interpretation services, and more―was well received by participating companies. Additionally, more than 20 meetings were arranged on the spot through the active involvement of buyers and the participating companies.

The companies that participated presented competitive products of superior quality in the fields of beauty, healthcare, food and beverages, consumer goods, and electrical and electronic goods. The presentations impressed the ASEAN buyers who, influenced by the Korean Wave and the associated popularity of Korean dramas and K-Pop, have expressed strong preferences for Korean products.

“I was very intrigued by the organic rice porridge in stick-shaped packs presented by a Korean company at the conference. It was a great opportunity to discover companies that would be hard to find on our own and then try out their products,” said one buyer from M Company based in Malaysia.

Buyers from one Thai company showed considerable interest in Ilwoo Electronics’ scalp care device and purchased samples on the spot. They also discussed the import of 1,000 units of this product for skin care shops across Thailand.

Gyeonggi Province International Relations Ambassador Han Gwang-seop said: “I hope that this meeting will serve as an opportunity for promising SMEs to enter into the ASEAN market, which is Korea’s second largest bloc of trading partners with a trade volume that has been increasing since the FTA entered into force. In line with the government’s New Southward Advancement Policy, we will offer all available support for the purpose of expanding export channels for promising SMEs of Gyeonggi Province.”

The ASEAN bloc, with a total population of 650 million, is an enormous market with an annual economic growth rate of 5-6% and an annual combined GDP of USD 2.7 trillion. It has been evaluated as a market of considerable potential with those 30 years of age or younger accounting for more than a half of the entire population.

admin <![CDATA[Creation of Self-sufficient City 386 Times Larger than Soccer Field in Giheung, Yongin City; Birth of Gyeonggi Semiconductor Cluster anticipated – Gyeonggi Province Signs MOU with Yongin City to Create Yongin Platform City]]> http://english.gg.go.kr/?post_type=daily-news&p=14973 2019-05-28T04:06:21Z 2019-05-10T01:19:53Z ○ On May 7, MOU for Yongin Platform City Creation Project signed between Gyeonggi Province, Yongin City, Gyeonggi Urban Innovation Corporation, Yongin Urban Innovation Corporation, and others
○ Agreement to create Gyeonggi Yongin Platform City by 2025
– Creation of futuristic self-sufficient city complex that blends high-tech industry, residential, commercial culture, and welfare spaces on 2.7-square-kilometer site covering Bojeong-dong, Mabuk-dong, and Singal-dong of Giheung-gu area
– Highlighting systematic development cases led by public sector participation in regions at risk of reckless development
○ Designed to enable linkage of functions with Yongin Semiconductor Cluster
– Anticipated synergy effects would enable Gyeonggi Province to emerge as a global semiconductor complex
○ Emphasis by Gyeonggi Province Governor Lee Jae-myung to “pay special attention to Yongin Platform City so that it becomes a model project that allows the public to reclaim unearned income from land”

A futuristic self-sufficient city complex that blends high-tech industry and commercial, residential, cultural, and welfare spaces will be built on a 2.7-square-kilometer (approximately 830,000 pyeong) site in Giheung-gu of Yongin City, including the Bojeong-dong, Mabuk-dong, and Singal-dong areas.

Gyeonggi Province Governor Lee Jae-myung, Yongin City Mayor Baek Gun-gi, Gyeonggi Urban Innovation Corporation President Lee Heon-wook, and Yongin Urban Innovation Corporation President Kim Han-seop signed the ‘MOU for the Creation of the Gyeonggi Yongin Platform City’ and agreed to cooperate in the successful execution of the project. The ceremony was attended by approximately 20 people including National Assembly Member Jeong Chun-suk, as well as Gyeonggi Provincial Assembly members Nam Jong-seob and Kim Jong-sik.

According to the agreement, Gyeonggi Province and Yongin City will provide administrative support in areas such as license approval for development projects and activities to attract domestic and overseas companies, while the Gyeonggi Urban Innovation Corporation and the Yongin Urban Innovation Corporation will undertake the successful implementation of business planning, research/design, land compensation, site renovation, and more. Specific details such as participation in the project and alloted shares will be decided through discussions after a review of project feasibility.

Once the feasibility study is completed and project participants have been confirmed, expected by the end of this year, Gyeonggi Province will start basic plans and development plans from next year. The targeted completion year is 2025.

Gyeonggi Province Governor Lee Jae-myung said: “Since land development utilizes public assets, it is necessary for the public to reclaim the unearned income generated in excess through development licenses.” He added: “I hope [Platform City] is well developed with good infrastructure, and that excess unearned income will be used to improve the lives of Yongin and Gyeonggi residents.” Governor Lee continued, “Please support the Yongin Platform City so that it can grow as a model as it will be a pilot allowing the public to reclaim unearned income from land.”

Yongin City Mayor Baek Gun-gi said: “Yongin City suffered from reckless development, but we will ensure that Platform City will not suffer through such development.” He added: “We will prepare improvement measures for area transportation and attract good companies to develop the city so that it has self-sufficient infrastructure.”

National Assembly Member Jeong Chun-suk stated: “The Yongin Platform City is a big project heralding Yongin City’s century together with the Yongin Semiconductor Cluster.” He added: “In order to maximize public interest, Yongin City and Gyeonggi as a province will work closely together to develop Yongin City as a premium city, a city that leads the Fourth Industrial Revolution.”

■ What is Gyeonggi Yongin Platform City?
Bojeong-dong, Mabuk-dong, and Singal-dong of Giheung-gu, the area where the Gyeonggi Yongin Platform City will be located, features good transportation as it is at the intersection of Yongin Station (GTX) and Bundang Line Station, as well as the Yeongdong Expressway and Gyeongbu Expressway. Large pharmaceutical company headquarters as well as manufacturing and R&D facilities are located nearby including Green Cross and Ilyang Pharmaceutical. The area also has good industrial infrastructure with nine companies in residence including the Hyundai Mobis and Hyundai Motor Research Center in the nearby Mabuk Research and Development Complex.

Yongin City plans to develop the Platform City as a self-sufficient city with knowledge-based, high-tech industry; it will feature commercial, business, and transportation systems, as well as an eco-friendly premium residential complex for 20,000 inhabitants. It is anticipated to produce synergistic effects with the Yongin Semiconductor Cluster, in which SK Hynix has recently confirmed that it would establish facilites.

Of particular note, this is a systematic, public-led development project that began as an effort to prevent rash development. Yongin City has suffered from such reckless development since the beginning of the 1990s through to the mid-2000s due to development led by the private sector, which focused only on development profits without establishing appropriate infrastructure and transportation systems.

In order not to repeat past failures, Yongin City designated the site where the Platform City will be built as a ‘permission-only restricted area for development activities’ in April last year. In fact, there have been approximately 10 split-type development attempts in the area, including private apartments and industrial complexes, before Yongin City’s restriction notice. However, Yongin City maintained its intent to create a systematic and integrated public development with the aim of building a self-sufficient city. Yongin City started full-fledged public-led development by reflecting the Platform City plan in the “2035 Yongin City Basic Plan” announced in 2018.

According to Yongin City’s estimates, approximately KRW 5 trillion will be injected into the creation of Yongin Platform City. The Gyeonggi Urban Innovation Corporation projects that there will be employment-inducing effects of approximately 24,000 positions during the creation stage of the complex, with approximately 40,000 permanent employees by 2025 when occupation begins.

■ Anticipating birth of “Gyeonggi Semiconductor Cluster” as world’s largest semiconductor production base
Gyeonggi Province expects Gyeonggi Yongin Platform City to act as a growth engine in establishing the province as a world-class semiconductor production base.

The Yongin Semiconductor Cluster, with investment of KRW 122 trillion, will be built in Wonsam-myeon, Yongin City, which is approximately 23 kilometers from Bojeong-dong, Mabuk-dong, and Singal-dong in the Giheung-gu area. Gyeonggi Province is establishing a development plan to enable Yongin Platform City to realize synergistic effects with the Yongin Semiconductor Cluster.

Improvement in the semiconductor production capacity of the Yongin area will complement existing semiconductor facilities in Gyeonggi Province to form the “Gyeonggi Semiconductor Cluster,” which is expected to lead Korea’s next-generation growth.

Gyeonggi Province currently has Samsung Electronics’ Giheung·Hwaseong Campus, Samsung Electronics Pyeongtaek Campus in the Pyeongtaek Godeok Industrial Complex, and the SK Hynix Icheon Campus. Samsung Electronics has 41,000 employees for 10 lines at the Giheung·Hwaseong Campus and 4,000 employees for 1 line at the Pyeongtaek Campus, while the SK Hynix Icheon Campus has 18,000 employees for 2 lines.

When the Yongin operations of SK Hynix, for which development and design have been confirmed, join Samsung Electronics’ Pyeongtaek Campus Semiconductor Production Line 2, which is due to commence operations in March of next year, and SK Hynix Icheon M16, it is highly anticipated that the “Gyeonggi Semiconductor Cluster,” a semiconductor production base unparalleled in the world and employing 84,000 people for up to 19 lines, will be created.

admin <![CDATA[Gyeonggi Province Proposes Establishment of ‘Northeast Asia Peace Community’ through Trilateral Korea-China-Japan Friendships]]> http://english.gg.go.kr/?post_type=daily-news&p=14971 2019-05-28T04:05:50Z 2019-05-10T00:51:16Z ○ Gyeonggi Province proposes establishment of ‘Northeast Asia Peace Community’ at 12th Trilateral Friendship Exchange Meeting
– Gyeonggi Province delegation, headed by Innovative Industry Policy Director General Choi Kae-dong, visits Kanagawa, Japan, from May 8 to 10
○ Gyeonggi Province proposes organization of cooperative development council to establish Northeast Asia Peace and Economic Community with Liaoning Province of China and Kanagawa Prefecture of Japan, regions which it has maintained sisterhood relations for more than 20 years

Gyeonggi Province proposed a plan to Liaoning Province of China and Kanagawa Prefecture of Japan to create the Northeast Asia Peace Community through exchange and cooperation among local governments.

The Gyeonggi Province delegation, headed by Gyeonggi Province Innovative Industry Policy Director General Choi Kae-dong, attended the 12th Trilateral Friendship Exchange Meeting held in the International Conference Hall of Shonan International Village Center in Kanagawa, Japan, on the afternoon of May 9.

The Trilateral Friendship Exchange Meeting has been held since 1996 to strengthen the cooperative regional network between Gyeonggi Province, Liaoning Province, and Kanagawa Prefecture. It has been held every two years since 1996, with each region hosting the event in turn.

This year, the 12th Friendship Exchange Meeting was attended by expert representatives of three regions including Gyeonggi Province Innovative Industry Policy Officer Director General Choi Kae-dong, Liaoning Province Foreign Affairs Office Director Li Shang-rung, and Kanagawa Prefecture International Culture and Tourism Director General Kawai Koichi. During the meeting, the representatives discussed cooperative measures in relation to challenges the three regions currently face.

In particular, the meeting focused on tri-regional joint measures for promoting the Sustainable Development Goals (SDGs) of the United Nations. As global goals adopted by the United Nations General Assembly in 2015, the SDGs contain details on implementing 17 primary goals and 169 detailed goals by 2030 in an effort to resolve universal problems of humanity as well as environmental, economic, and social issues.

As part of these efforts, Gyeonggi Province has announced its plan for the “Cooperative Development of the Korean Peninsula’s Surrounding Areas through Northeast Asia Peace and Economic Community Establishment” as promoted by Gyeonggi Province Governor Lee Jae-myung, and requested the active cooperation and participation of Liaoning Province and Kanagawa Prefecture.

Governor Lee Jae-myung’s plan involves the building of an international partnership of shared economy, security, and peace like that of the European Union, with the major objective being to ultimately build a “Peace and Economic Community” that includes China, Japan, Mongolia, Russia, and other nations beyond the Korean Peninsula based on inter-Korean peace and cooperative exchange in the long run.

Gyeonggi Province also proposed the formation of the “East Asia Cooperative Development Council” with the joint participation of Gyeonggi Province, Kanagawa Prefecture, and Liaoning Province in a permanent council and forum for discussion and research on the subject.

The representatives of Kanagawa Prefecture and Liaoning Province responded positively to the proposal by Gyeonggi Province, expressing their anticipation for mutually beneficial development through close economic and peace-related cooperation.

Kanagawa Prefecture International Culture and Tourism Director General Kawai Koichi suggested that the regions ‘act together to promote exchange between the three regions and to resolve their common problems according to the agreement so that this meeting would continue to be held in the future.’

Liaoning Province Foreign Affairs Office Director Li Shang-rung commented: “The goals of sustainable development are an important theme for all three regions.” He urged the others to “continue to strengthen cooperation with local governments in Northeast Asia beyond the three regions in various fields including the economy, environment, and medicine.

Gyeonggi Province Innovative Industry Policy Director General Choi Kae-dong said: “We will provide the foundation for cooperation between Korea, China, and Japan, which are key parties in realizing peace and prosperity in Northeast Asia.” He added: “Through productive discussions at this friendship exchange conference, I hope we can arrive at fruitful results that help the lives and welfare of residents in the three regions.”

The representatives of the three regions signed a joint agreement reflecting the discussion results in plans for sustainable development goals, promising to accelerate mutual cooperation and confidence building for future regional cooperative development.

Meanwhile, Gyeonggi Province, Liaoning Province, and Kanagawa Prefecture plan to hold the ‘Three-region Youth Sports Exchange’ event in Kanagawa Prefecture this August.

admin <![CDATA[“2019 Korea Basic Income Fair” Concludes Successfully with Support of 30,000 Participants]]> http://english.gg.go.kr/?post_type=daily-news&p=14941 2019-05-24T05:24:58Z 2019-05-03T03:33:05Z ○ Participation by more than 30,000 people from around the world including scholars, experts, children, teens, senior citizens, farmers, and local merchants
– International conferences, local currency exhibition help increase understanding of basic income and regional currency
– International conference forms consensus on “regional currency, a solution to revive the Korean economy”
– 40 local currency experiential booths, operated by local governments nationwide, and other events offered for fun and enjoyable experiences

The 2019 Korea Basic Income Fair, the world’s first basic income festival, successfully concluded on April 30 following a two-day long journey.

The fair was divided into two main parts: the Basic Income International Conference and the Local Currency Exhibition Hall. Approximately 30,000 people, including scholars and experts from around the world, as well as children, teens, senior citizens, farmers, and local merchants, participated in the event, learning more about basic income and regional currency, and recognized the need for the promotion of these concepts.

First, the Basic Income International Conference was held to form a conceptual consensus while discussing various issues related to basic income and regional currency and to recognize the need for promulgation.

On April 29, a consensus was formed that basic income should be an alternative for a prosperous world in tandem with the Fourth Industrial Revolution through an address by Gyeonggi Province Governor Lee Jae-myung, keynote speeches by Dr. Annie Miller and Professor Gang Nam-hoon, and presentations of related experiments conducted around the world (including Finland, Spain, and India). On April 30, the international conference saw participation by basic income experts and scholars from both home and abroad and was conducted in the form of individual sessions during which presentations and discussions took place on more detailed topics.

During the individual sessions (consisting of 6 presentations and discussions, two tracks per session), experts and scholars from home and abroad participated in heated dialogues on deeper, more practical topics pertaining to basic income, including: the policy effects of youth basic income; shared wealth and basic income in the Fourth Industrial Revolution; basic income and regional currencies; basic income as a material base for citizens; the extension and financing of basic income; and basic income in terms of legislation and social value.

Of particular note, through presentations and discussions on the policy effects of youth basic income, basic income and regional currency, and the extension and financing of basic income, participants came to an agreement on the concept that regional currency can be a solution to revive Korea from the current economic downturn.

Participants acknowledged that Korea is facing serious issues, such as a rapidly aging population, world-leading suicide and low fertility rates, and a youth employment rate of 42%. They pointed out that recovery of community through the revitalization of the local economy and local businesses is imperative in order to overcome such issues.

They further agreed that regional currency could play an important role in the recovery of the community, and various discussions were held on more specific and practical issues for stimulating regional currency.

Concurrently, the Local Currency Exhibition Hall featured exhibitions through which visitors could experience diverse aspects of regional currency and enjoy many other events.

In particular, more than 40 exhibition booths were set up by local governments, including Gongju, Sokcho, Boseong, Jindo, Gochang, Youngdong, Boeun, Goseong and Naju, as well as 30 cities and counties of Gyeonggi Province, providing opportunities for the visitors learn about regional currencies in circulation in Korea and to buy local specialty products.

In addition, a variety of other events were held, including: the first national cauldron lid top-spinning championship; a South-North Korea international peace railway experience; a children’s air bounce event; a Pororo performance; and the Virtual Reality Experience Hall, drawing enthusiastic responses from visitors.

A Gyeonggi Province official remarked: “We were concerned about how many people would be interested because the concept of basic income is unfamiliar and regional currency has not yet been generalized, but the response was much greater than we expected. It is also significant that this event informed many people about the concept of basic income and the necessity for promoting it. We hope this event will become a catalyst in spreading public awareness about the concept of basic income.”

admin <![CDATA[Family Month of May Celebrates Cultures and Festivals at Gyeonggi Peace Square and Book Cafe]]> http://english.gg.go.kr/?post_type=daily-news&p=14939 2019-05-24T05:24:36Z 2019-05-03T03:29:30Z ○ Opportunities to see, enjoy, and experience rich cultural events in celebration of Family Month
– Gallery exhibition for all at Gyeonggi Provincial Peace Market’s Little Happiness Stage and year-round experiential events every Saturday in the square
– May 4 at 15:00: Children’s hand puppet show / May 5 at 13:00: Children’s Day event including magic, busking, and more
– May 15 (Wed) at 11:00: Meeting with artist Park Jung-hwa, “A Living History, a Dreamlike Career”
– May 18 (Sat) at 13:30: Experiential family event “Reptile Magic Show”
○ Gyeonggi Peace Square Book Cafe opens all year round from May as part of service

Seeking to become a major culture and leisure space in northern Gyeonggi Province, the Gyeonggi Peace Square of the Gyeonggi Provincial Government’s northern complex will serve as venue for a variety of festivals and cultural performances that can be enjoyed with family in celebration of Family Month.

First, on May 4 (Saturday), the Peace Talk Hall will stage a puppet show, My House is the Best, to remind children of the value of their families through a fun puppet performance, while on May 5 (Sunday), magic shows, bubble performances, and busking take place at the Gyeonggi Peace Square.

On May 11 (Saturday), there will be a busking performance by popera singer Sweet Tree and a finger puppet show for children at the Gyeonggi Peace Square.

On May 15 (Wednesday), an author meeting will be held in the Peach Talk Hall with Park Jung-hwa, author of the book A Living History, a Dreamlike Career. who has been invited to deliver a lecture to parents on children’s career choices and career paths.

On May 18 (Saturday), there will be performances by the electronic string group Karin and the Gyeonggi Provincial Music Orchestra at the Gyeonggi Peace Square, and a reptile magic show during which one can see uncommon and interesting reptiles together with magic tricks.

In addition to this, the Gallery for All in the provincial government’s northern complex will be the venue for art exhibitions, including the Children’s Art Exhibition (May 1-11), the Children’s Artist Exhibition (May 14-21), and the Fairy Tale Illustration Exhibition (from May 27), as well as the Gyeonggi Residents’ Peace Market, which will be held every Saturday in the square.

Meanwhile, the Gyeonggi Peace Square Book Cafe will operate year round from May as part of an open service for the public. Its hours of operation are from 9:00 am to 6:00 pm on weekdays and to 5:00 pm on weekends; it is closed on public holidays.

The service expansion is due to the popularity of the Book Cafe among local residents, with a sharp membership increase of 1,700 along with a 16-fold increase in the number of users compared to the previous year. This growth is attributable to its various relaxation culture services and pleasant reading environment.

In addition, to provide a healthy reading environment for residents, Book Cafe personnel plan to conduct spring cleaning activities that include the services of a specialized disinfection company, and to maintain a comfortable space through continuous disinfection management.

An official of Gyeonggi Province’s Administration Division stated: “The Gyeonggi Peace Square and Book Cafe are cultural spaces for residents, happy communication spaces to be enjoyed with family members, as well as harmonizing spaces that symbolize peace. They will be established as landmarks of northern Gyeonggi Province through a variety of festivals held in the square and diverse cultural activities of the cafe.

For more information, please contact the Gyeonggi Peace Square Event office (+82-31-8030-2316) or the Book Cafe (+82-31-8030-5631-5634).

admin <![CDATA[Come Play, Eat, and Learn with Insects – Games Galore Insect Festival]]> http://english.gg.go.kr/?post_type=daily-news&p=14937 2019-05-24T05:24:17Z 2019-05-03T03:25:48Z ○ Gyeonggi Province holds Insect Festival from May 17 to 18 at Gyeonggi-do Agricultural Research & Extension Services
○ Diverse activities featured including an insect drawing contest, insect garden competition, insect sketch competition, and more
○ Various programs offered such as public lectures on edible insects, insect cuisine for social dining, and insect experiences

The 2-day Games Galore Insect Festival, where one can touch insects, taste edible insects, and learn about insects in general, will be held at the Gyeonggi-do Agricultural Research & Extension Services from May 17 to 18.

This insect festival – held inder the theme of ”Insects! Tons of fun! Let’s play!” – was organized to help consumers understand the insect industry, to promote the insect industry, and to secure demand through various activities such as observing and experiencing living insects.

Major attractions include: various living insects and specimens; edible insect cuisine; processed insects; textbooks and materials for insect education; insect hotels; insect photos; butterfly hall; aquariums; and carnivorous plants.

Several competitions will also take place including an insect drawing contest, insect garden competition, insect sketch competition, and much more!

Other programs include a public lecture on healthy and delicious edible insects, a lecture with a renowned YouTuber, and insect classes for families.

Fourteen insect experiences are available at the event venue including the making of insect necklaces, as well as various consumer participation programs, such as an insect quiz, insect competitions, insect trucks, guessing games, busking performances, and many other activities.

Admission to this festival, which runs from 10:00 am to 6:00 pm, is free. For more information, please contact the Entomological Technology Team of the Gyeonggi-do Agricultural Research and Extension Services (+82-31-229-5905).

Gyeonggi-do Agricultural Research and Extension Services Director Kim Suk-chul stated: “This is an event that aims to promote awareness of the insect industry, an area that may be unfamiliar to some. We essentially want to develop insects into diverse fields, be it for food, feed, or experiences, and cultivate insects as a new-growth industry of agriculture to raise the income of farming households.”

admin <![CDATA[Gyeonggi Opens Technology Exchange Meeting via Invitation to Taiwan’s world-leading VR device manufacturer HTC VIVE]]> http://english.gg.go.kr/?post_type=daily-news&p=14930 2019-05-24T05:23:45Z 2019-05-03T02:12:36Z ○ VIVE Reality Meetup 2019 to be held at Gwanggyo Business Center on May 9
○ Introduction of solutions to domestic VR companies & creation of opportunities for cooperation

Developers from HTC VIVE in Taiwan, a world-leading virtual reality (VR) device maker, will visit Gyeonggi Province to address curiosity among domestic VR content developers.

On May 2, Gyeonggi Province announced that it will hold the VIVE Reality Meetup 2019 event on May 9 at the the Gwanggyo Gyeonggi Cultural Creation Hub. This event has been held annually since 2017 with the participation of Taiwan’s HTC VIVE and domestic VR developers as a channel for technology exchange.

HTC VIVE is the manufacturer of HMD, the top VR device in the world market, and a key participant in diverse VR fields such as platforms, controllers, and content development, while also fostering/investing in related companies.

During this event, HTC VIVE developers are expected to introduce developer software (SDK), in which domestic VR developers are interested, as well as enterprise solutions for other industries such as medicine and education.

In addition, new products for the 5G network developed by HTC VIVE will be also introduced.

Gyeonggi Province expects that this event will be an opportunity for VR/AR companies to share information about the latest technologies while also enhancing their capacities for overseas market entry.

Gyeonggi Province Contents Industry Division Director Ahn Chi-kwon remarked: “Information exchange and mutual cooperation with global companies are essential for the VR and AR industry. We will continue to support technology exchanges between various global companies and Gyeonggi Province-based companies.”

To join the event online, apply for free via www.goodmoim.co.kr/seminar/share/link/181. For more information, please contact the Gyeonggi Content Agency Gwanggyo Cluster Center (+82-031-8064-1719).