Title 1. Gwanggyo New Town Construction 90% Complete (0305-1)

[News Script]
Since residential occupation began in July last year, 6,000 households have so far found their new homes in Gwanggyo (광교) New Town. The construction of urban infrastructurenow 90% complete, with only finishing touches remaining.
[Report]
1) Gwanggyo New Town / Suwon City
Thisa construction site at Gwanggyo (광교) Lake Park. The final stage of construction workunderway for the June opening of this park, which will become a major landmark of this new town.
2) 90% of Infrastructure Complete
Construction work for the basic infrastructure of Gwanggyo (광교) New Town had been delayed, but the work has resumedis now almost complete.
3) GwanggyoroBeobwon Underpass Open
The openings of the entire length of Gwanggyoro (광교로), the main street of Gwanggyo (광교) New Town,the underpass in front of the Suwon District Court have greatly improved accessibility to SeoulYongin (용인) City.
4) 8 Local Bus Lines10 Red Bus Lines
Lack of public transportation has been the biggest problem that Gwanggyo (광교) New Town residents had to face, but this problem has been resolvedthe operation of a total of eight local bus lines as well as ten red bus lines. The near completion of urban infrastructure including public transportationexpediting the residential occupation of this new town.
5) 6,034 Households Settled in Gwanggyo New Town
According to the Gyeonggi Urban Innovation Corporation, 6,034 households have already moved inregistered their residence in Gwanggyo (광교) New Town,the numberrapidly increasing, particularly after the visit to the townGyeonggi provincial officialsthe promise madethe provincial Vice Governor to take active measures to alleviate difficulties facednew residents.
6) [INTERVIEW] Lee Gi-taek / Gyeonggi Province New Town Development Division Director
“We are well aware of the inconveniences facethe residents of Gwanggyo New Town because we communicated with them,we have been doing our utmost to improve the situation.”
7) Lee Ji-hoon Reporter
“By theof this year, itestimated that 15,000 households, which account for about half of the projected population of Gwanggyo New Town, will have taken up residence in this town. Scenes are rapidly changing as the once-delayed work now enters its final stages, whichalso contributing to the population inflows.

Title 2. Gyeonggi Province Invests in Quality Ginseng Products (0305-3)

[News Script]
For hundreds of years, Gyeonggi Province has been one the three major ginseng producers in Korea along with the southern areas of Geumsan (금산)Poonggi (풍기). However, ginseng production in Gyeonggi Provincefacing unprecedented difficulties due to diminishing farmland, free trade agreementshard competition with other ginseng-exporting countries. Something has to be done to ensure the stable production of ginseng in Korea.
[Report]
1) Annual Ginseng Export: USD 124 Million
A total of 27,000 tons of ginsengestimated to be in Korean market as of 2010. Ginsengalso an important export item for the nation. Koreans earned USD 124 millionselling ginseng products overseas last year,are looking to achieve USD 200 million in exports in the near future.
2) Gyeonggi Province to Lead Improvement of Ginseng Quality
Gyeonggi Province announced that it will spend KRW 330 million up to 2014 for the improvement of ginseng quality
3) Annual Production to Increase to 5,000 Tons
In addition to quality improvement, the provincial government will also promote ginseng production so as to increase production150 tons each year until annual production reaches 5,000 tons, which Gyeonggi Province targets for 2014.
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According to a Gyeonggi official, the provincial government will launch “3M Strategies” which are geared to increase productionexpand overseas markets. Detailed plans include the provision of assistance to ginseng farmers for the improvement of productivity, quality consistencythe export sales promotion of Gyeonggi ginseng products.
4) Gyeonggi Province Organizes Ginseng Industrial-Educational Cooperation Team
Gyeonggi Province also plans to organize an industrial-educational collaboration team for the development of ginseng cultivation techniques so as to help farmers increase their productivity. This collaboration team will work to spread new cultivation techniquesdevelop products containing the functional ingredients of ginseng.
Gyeonggi Province aims to increase both productivityfarmer income through technical support.

Title3. Crackdown on Illegal Food Products (0306-2)

[News Script]
Gyeonggi Province d war on illegal food product producersdistributors so as to eradicate illegal food in the marketsprotect consumer health.
[Report]
There are a wide variety of illegal food products such as fake sesame oil, outdated chocolatesred chili powder containing harmful ingredients
1) Crackdown on Illegal Food ProductsGyeonggi Province Special Judicial Police
Gyeonggi Province launched an intensive crackdown on illegal food products that never seem to disappear. The assurance of food safety will be a major objective that the Gyeonggi Province Special Judicial Police plan to achieve this year.
2) Control of Disclosed ViolatorsCooperation among Related Public Agencies
The Gyeonggi Province Special Judicial Police will appoint special teams that will work exclusively to monitorcontrol already-identified violators. The judicial police will also work closely with other public offices related to agriculture, livestockfisheries to maximize investigative efficiency. Among other illegal food items, six categories in particular – such as those sold to childrenthose sold mostly during traditional holidays – were ed as objects for complete eradicationthe judicial police.
3) [INTERVIEW] Gwon Young-gap / Investigator, Gyeonggi Province Special Judicial Police
“We will do everything we can to completely remove illegal food productsconsumer marketswill endeavor to maintain food safety to protect public health.”
4) 563 Illegal Foods Disclosed in 2010
In 2010, the Gyeonggi Province Special Judicial Police uncovered 563 food-related law violations including 124 cases of false country-of-origin indication268 hygiene violations. All violators were dealt with according to law.

Title4. Good Tax Payers Receive Priority TreatmentBanks (0305-2)

[News Script]
The 3rd of MarchTaxpayer’s Day. On this day, Gyeonggi Province presents Good Tax Payer Certificates to companies that exhibited model performance in tax payment. The companies so recognized will be exempttax investigationsentitled to priority treatment when using Nonghyup Bank or Shinhan Bank.
[Report]
1) Jusung Engineering Co.
This company in Gwangju (광주) City manufactures semiconductor productssolar batteries for domesticoverseas customers. Last year, this company achieved an annual sales turnover of KRW 300 billionpaid local taxes of KRW 1.9 billion without default.
2) 359 Model Tax Payers RecognizedGyeonggi Province
To commemorate Taxpayer’s Day, the Gyeonggi Provincial Government ed 359 model tax-paying individualscompaniesawarded them with the Good Tax Payer’s Certificates.
3) [INTERVIEW] Hwang Cheol-soo / CEO of Jusung Engineering Co.
“The value of a business enterprisebasically determinedits technological power. But I believe that the confidence of people outside the company in uswhat makes us really competitive. This Good Tax Payer’s Certificate will help us gain more trustincrease the value of our company.”
The Good Tax Payer’s Certificatepresented to companiesindividuals who have had good tax payment records during the past five years. The final recipients are ed based on evaluation criteria such as a default-free payment historythe amount of payments
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Certificate recipients will be exemptedtax investigations for the next two years as well asone obligatory provision of collateral for tax payment when applying for tax payment deferment.
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In addition to the administrative tax priority treatment, the recipients will also be entitled to priority interest rates on both credit accountsloans as well as to the exemption of fees.
A Gyeonggi official stated that the provincial government plans to strengthen public education on tax payment.

Title 5. Gyeonggi Province to Help Pharmaceutical Industry (0306-2)

[News Script]
The pharmaceutical industry of Koreafacing major challenges in the wake of recent free trade agreementsthe central government’s policy towards the restructuring of the industry. Gyeonggi Province took the initiative in helping the pharmaceutical industry overcome such difficultiesin transforming challenging situations into industrial opportunities.
[Report]
1) Drug Approval-Patenting Linkage System
When the Drug Approval-Patenting Linkage Systemintroduced with the enforcement of the Korea-US Free Trade Agreement, the annual cost to Korean pharmaceutical companiesestimated to be KRW 43 billion.
2) Pharmaceutical Companies Will Lose MoneyDelayed Drug Production
The Drug Approval-Patenting Linkage System links drug approvaldrug patenting to protect patent rights,it allows firms to list patents deemed relevant to an already-marketed product in order to extend market exclusivity. This linkage regulation will effectively prevent firms producing generic productscontinuing their business with those drugs for an extended period of time. The Korea Health Industry Development Institute estimates that the enforcement of the linkage regulations introducedthe FTA with the US will result in total losses of KRW 86 billion among Korean pharmaceutical firms over the next five years.
3) Forum on Pharmaceutical Industry Development under FTA / Korea Bio Park (March 5th)
Gyeonggi ProvinceKorean pharmaceutical companies gathered together to discuss ways to address the challenges posedthe impending enforcement of the FTA.
4) [SOUNDBITE] Lee Gyeong-ho / President of Korea Pharmaceutical Manufacturers Association
“It’s a big shock to Korean pharmaceutical companies. It’s a depressing situation for us.”
5) Drug Price ReductionBan on Rebates Deepens Dilemma of Korean Drug Makers
Whatmore depressing for Korean pharmaceutical companiesthat the Korean government will launch its policy for the reduction of drug pricesban the customary rebate practice in the pharmaceutical distribution tem
6) [SOUNDBITE] Auh Jin / CEO of Ahngook Pharmaceutical Co.
“FTAsprice reduction are two big challenges that we have little power to overcome now.”
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Gyeonggi Provinceconsidering hiring an American FDA specialistestablishing a technical project operating tem comprised of large enterprises, venture companiesresearch institutes so as to help Korean pharmaceutical operations successfully adapt to the impending challenges. Gyeonggi Province will discuss the problem with the central government so as to devise ways to effectively supportrevive development opportunities for the pharmaceutical industry.

Title6. Community Companies ManagedResidents (0308-2)

[News Script]
There are unusual business enterprises in which womenmulticultural families can joinmanage.
[Report]
1) Happy Heart Sharing Shop
Thisa bakery in Shiheung (시흥) City. Ladies here are busy baking breadbrewing coffee for customers. These women areChinaVietnam. All six of them are immigrant wivesmulticultural families in Shiheung (시흥) City. This bakery shopmore than just a workplace for them; ittheir baby, a great achievement in an unfamiliar society,their hope.
2) [INTERVIEW] Kim Soo-hwa / Korean Chinese, Shiheung City
“Most immigrant wives who find employment have production jobs. But I am glad I have a specialist jobit feels wonderful to know thereno longer an invisible wall between usKoreans.”
This bakery opened in July last year. Its birth began when a local welfare institute offered a free bakery course to immigrant wives. The women with diplomas were then provided with support for the establishment of a “Community Company”. They are now proud owners of a bakery shop with monthly average sales of KRW 30 million. They are currently considering expansion into a franchise business with branches that employ multicultural family members.
3) [INTERVIEW] Ryu Eun-hee / Shiheung Little Place Social Welfare Center
“When we first started the educational course (for multicultural mothers), we often fantasized about staying togetheropening a business justthis. But it was really a fantasy. We didn’t expect it would actually come true. This shop was realized only afterexperienced the running of a small outlet in the center.”
This bakery proves that residents can open a profitable business together as long as they have special skills.
4) Information on Village Company Inauguration Education (March 12th-23rd): Gyeonggi Women’s Development Center (☎ 8008-8147)
Gyeonggi Province plans to provide education courses on business inaugurationto nurture 109 Community Companies this year. Each successful candidate for a new business will be provided with support of KRW 50 million. Educationprovided at the Gyeonggi Women’s Development Center.
Creating local businessesopportunities such as Community Companies may be the starting point for the revival of the local economy.