JEJU WEEKLY

  • Updated 2016.8.9 15:27
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Last week marked the first issue of our Chinese edition of The Jeju Weekly. A monthly companion publication, it features translations of our English articles as well as new pieces written by a Chinese staff member. The Web site is now live: www.jejuchina.net.

When people ask our ever-busy publisher Song Jung Hee why she takes on such huge new undertakings as this, she answers that she wants to help “peel back the layers” of the onion that is Jeju.

The Jeju Weekly was set up to go beyond usual “parachute reporting” and occasional sketch pieces by domestic and international papers and the superficial words of glossy tourist brochures.

We are giving the people who live here the chance to write about the natural beauty of the place, and our staff are covering the important scientific discoveries and investment opportunities that Jeju has in abundance.

It’s very exciting for us at The Weekly to see our work go from a world language like English to the truly massive potential audience of native Chinese speakers.

Jeju is Korea’s only international city, offering visa-free entry, lower taxes and less daunting business regulations. Recently Jeju has granted green cards to investors, specifically Chinese, who have no criminal record and who buy over $500,000 worth of property designated by Jeju provincial government. Two such projects are the Raon and Pheonix Island luxury resorts. After 5 years residing here, investors can earn Korean residency or an F-5 visa.

Given the cautious approach wealthy Chinese take to the their sometimes vehemently anti-capitalist government, it’s no surprise that these people would eye Jeju for an off-shore investment as an insurance policy of sorts.

One Jeju provincial government official told The Jeju Weekly late last year that “Chinese clients are cash-rich ... They are the biggest targets in both the investment and tourism industries of Jeju island.” He added, “With China’s ‘one house policy’ and prices soaring at home, the exotic pull of the beautiful resort island might be too strong for them to resist.”

Add to that, the island is just two to three hours away from Beijing and Shanghai. With expanded infrastructure — such as the Jeju City cruise port opening this year — cruise ship tourism is expected to bring hundreds of thousands of visitors, most from China, to Jeju by 2020.

According to Jeju Weekly reporter Jean K. Min, only 2.9 percent of 47 million Chinese who traveled abroad in 2009 came to Korea. Jeju, though, is a hot spot for tourism and investment, and so those numbers are rising. So too, we hope, our Chinese Jeju Weekly subscriptions.



Todd ThackerÀÇ ´Ù¸¥±â»ç º¸±â  
¨Ï Jeju Weekly 2009 (http://www.jejuweekly.com)
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