• 2026.06.28 (Sun)
  • 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 > Synthesis

Geumsan Ginseng Industry Seeks Sustainable Future, Strengthens Public-Private Cooperation

HONG MOON HWA Senior Reporter / Updated : 2025-07-03 10:16:25
  • -
  • +
  • Print

 

Geumsan County is exploring changes for the sustainable development of its ginseng industry, actively accepting opinions presented at the recent 'Geumsan Forum' and promising to strengthen cooperation. This is expected to be a crucial opportunity to find a breakthrough for the struggling ginseng industry and rebuild the core driving force of the local economy.

On June 27, Geumsan Forum Chairman Kim Ho-taek, along with representatives Kang Jeong-heon and Han Jeong-man, and Secretary-General Kim Beom-soo, met with Geumsan County Governor Park Beom-in. They requested the county's active support for the revitalization of the Geumsan ginseng and medicinal herb industry and a review of the opinions discussed at the forum held on June 17 on the second floor of the Geumsan Fresh Ginseng Center. (Some reports mentioned the forum date as June 7, but the main discussion points are consistent.)

Approximately 120 ginseng industry stakeholders, including Geumsan Forum members, producers, distributors, and policy officials, attended the forum to publicize the realistic challenges facing the ginseng industry and deeply discuss mid- to long-term development plans. The discussion diagnosed the overall stagnation of the current ginseng industry, including decreased ginseng consumption and cultivation area, price drops, and export sluggishness. Changes in consumer eating habits and intensifying competition in the health functional food market were identified as the causes of these problems.

Specific discussion topics included: ▲improving and expanding ginseng cultivation infrastructure ▲strengthening transparency in the ginseng industry ▲establishing a safe ginseng distribution system ▲computerizing distribution data ▲converting the 'Hu' space after the health center relocation into a complex space linked with experience, healing, and tourism ▲establishing an effective system through public-private collaboration. In particular, the importance of future market strategies, such as production automation, smart farm adoption, enhanced safety inspections, provision of incentives, improvement of distribution structures, and exploration of international distribution center utilization, was emphasized, along with policy support through public-private cooperation.

Geumsan County Governor Park Beom-in emphasized, "To protect the reputation of Geumsan ginseng, a transition to a distribution system based on safety and trust is desperately needed." He added, "We will spare no policy support to create a sustainable ginseng industry ecosystem." He also expressed plans to build a digital-based distribution information system and actively reflect on-site opinions to enhance policy implementation. Geumsan County is already operating a task force (TF) team to address the decrease in ginseng cultivation area and is actively working to strengthen the international status of the Geumsan World Ginseng Festival and explore overseas markets, such as the United States, for the globalization of Geumsan ginseng.

This Geumsan Forum is evaluated as a crucial turning point where the private and public sectors put their heads together to seek the sustainable development potential of the Geumsan ginseng industry. Attention is now focused on whether the policy support from Geumsan County and the active participation of the private sector will create synergy, allowing the Geumsan ginseng industry to seize a new opportunity for advancement.

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

  • #NATO
  • #OTAN
  • #OECD
  • #G20
  • #globaleconomictimes
  • #Korea
  • #UNPEACEKOR
  • #micorea
  • #mykorea
  • #UN
  • #UNESCO
  • #nammidonganews
  • #sin
HONG  MOON HWA Senior Reporter
HONG MOON HWA Senior Reporter

Popular articles

  • From a moment of collective sacrifice to a moment of collective democracy: The Timing of the Election in Ethiopia and Korea

  • [In-depth Report] The Islamic ‘Halal Barrier’ Just Around the Corner… The Silent Screams of K-Beauty SMEs

  • Middle East with 'Oil Money' Emerges as the New Battleground for K-Beauty

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065575751900504 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
Asking about the Future of ‘Hangeul City Ulsan’… Special Lecture by Novelist Kim Jin-myung to be Held
2
Embassy of Pakistan in Seoul Hosts Commemorative Event for the 150th Birth Anniversary of Muhammad Ali Jinnah
3
KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won
4
Kim Yoon-ji Appointed as New President of KOCCA: “Leading the Global Expansion of K-Culture”
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