• 2026.06.27 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Column > Ko Yong-chul Column

Government's Proclamation of the 'K-Culture 300 Trillion Won Era': Light and Shadow

KO YONG-CHUL Reporter / Updated : 2025-09-28 09:42:45
  • -
  • +
  • Print

The new government has ignited great anticipation in the culture and arts sector by designating 'Cultural Powerhouse' and the 'K-Culture Market of 300 Trillion Won Era' as key pledges. This vision is rooted in the aspiration of Baekbeom Kim Gu, who wished for "only one thing infinitely—the power of high culture," aiming to achieve 50 trillion won in cultural exports by 2030 and grow the K-Culture market to 300 trillion won.

Encouraging Vision and Concerns 

Compared to the previous administration's lukewarm or even adversarial cultural and arts policy stance, this blueprint, presented amid the global love for K-Culture across cinema, music, drama, literature, and more, appears quite realistic. The culture and arts community is watching with great expectation to see how the new government's pledges will materialize.

However, a concern is raised that the goal of becoming a cultural powerhouse might be simplistically equated with economic figures such as '50 trillion won in cultural exports' or 'K-Culture market of 300 trillion won.' These numbers are merely a partial result that follows the achievement of being a cultural powerhouse; what's more critical are the concrete support measures to realize this vision and the resultant changes in the lives of the citizens after achieving cultural powerhouse status. There is a critique that the terms currently emphasized in the government's pledges focus heavily on 'OTT platforms,' 'video content,' and 'overseas marketing,' suggesting many policy gaps still need to be filled.

Urgency of Nurturing Basic Arts 

In particular, there is a strong call for systemic support policies and institutional reform for the basic arts. Just as much as focusing on the splendid achievements of the K-Content industry and popular arts, sustained, massive momentum for K-Culture requires solid nurturing of basic arts such as literature, music, and fine arts. This necessitates recalling that the foundation maintaining Japan's status as an economic superpower even during the 'lost 30 years' is its robust basic science, evidenced by Nobel Prizes. The first step toward becoming a cultural powerhouse rests on solid basic arts, and policy support for this is essential.

To this end, measures such as integrating scattered promotion laws for different genres into a Basic Arts Promotion Act to seek comprehensive and systemic policy execution, and reorganizing the Culture and Arts Promotion Act whose essence has become ambiguous, can be considered.

Meanwhile, disappointment remains as the '2.5% increase in cultural budget and basic income for culture and arts professionals' and the '10,000-hour support project for young culture and arts professionals'—present in the 2022 presidential election pledges—have disappeared from the 2025 pledges. Continuous attention and discussion are needed to ensure that foundational policies are not overlooked or relegated to a lower priority behind the brilliant vision.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Samsung
  • #Daewoo
  • #Hyosung
  • #A
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Our Embassy met on Friday, May 29, with the Kkottongnae brothers, who run a nursing home in the city of Caacupé, to learn about their main activities and future plans.

  • Ambassador Hyuk-Sang Sohn participated on May 26 in the signing ceremony of the Discussion Memorandum

  • Personal Interest Engraved on the Dollar: Witnessing the Regression of American Democracy

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065573633542489 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won 
  • Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation
  • Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis
  • Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante
  • South Korea's Path to Round of 32 Grows Perilous Following Australia-Paraguay Draw
  • The True Face of Our Politics After Stripping Away the Mask of Fairness

Most Viewed

1
[In-depth Report] The Islamic ‘Halal Barrier’ Just Around the Corner… The Silent Screams of K-Beauty SMEs
2
Asking about the Future of ‘Hangeul City Ulsan’… Special Lecture by Novelist Kim Jin-myung to be Held
3
Embassy of Pakistan in Seoul Hosts Commemorative Event for the 150th Birth Anniversary of Muhammad Ali Jinnah
4
KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won
5
'K-Medicine' Sweep Drives Foreign Medical Spending in Korea to Record High of 250 Billion Won
광고문의
임시1
임시3
임시2

Hot Issue

Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis

Political Debates Spark Over Semiconductor "Windfall" Redistribution

Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers