• 2026.07.21 (Tue)
  • 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

  • Baek Geum-ja Wooriot to Host 'Musical Costume Fashion Gala Show' at DDP

  • Semiconductor Substrate Industry Faces Growth Hurdles Amid Exclusion from Price-Indexing System

  • The Word of a U.S. President Worth Less Than a Dollar

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

Comments 0

Weekly Hot Issue

  • KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall
  • AI Drones Take to the Skies in Revolutionary Hunt for Mosquitoes
  • The Gopher Miracle: How a 24-Hour Experiment Transformed a Volcanic Wasteland into a Lush Forest
  • Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization
  • South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won
  • TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion

Most Viewed

1
Foreign Investors Return But Sell Off 'Samsung & Hynix' as Price Target Cuts Fuel KOSPI Peak Concerns
2
[Special Feature] Laying the Foundation for Korea's Informatization: Looking Back at the 1st Administrative Computer Network Project - Part 1
3
Baek Geum-ja Wooriot to Host 'Musical Costume Fashion Gala Show' at DDP
4
South Korea-Mexico High-Level Policy Consultation Held... Discussing Expanded Cooperation in AI, Space, and FTA
5
Hanwha Aerospace Forges Alliance with 49 Partners to Boost South Korea's Aviation Engine Ecosystem
광고문의
임시1
임시3
임시2

Hot Issue

OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months

South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won

KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

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