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Lee Orders Fast-Track Plan to Boost K-Culture With Fiscal, Tax and Regulatory Reforms

He directed aides to translate earlier proposals into a coordinated package for creators.

Overview

  • At a post-holiday meeting with senior aides on Oct. 13, President Lee said Korea stands at the threshold of becoming a cultural power and cast K-culture as central to national stature.
  • He told staff to design a comprehensive policy package across finance, taxation and regulation tailored to different content sectors, with a mandate to foster synergy among related industries.
  • Lee emphasized stronger social safety nets for artists and content creators, calling them the backbone of the industry.
  • The presidential office designated this week as K-Culture Week and filled the culture and sports secretary post with academic Lee Dong-yeon to drive policy work.
  • No specific programs were unveiled, though the August five-year blueprint proposed expanded tax deductions for creators and webtoon artists and greater artist welfare, and officials highlighted focus areas from content production to tech convergence and tourism.