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Busan City Expands 'Good Price Shops' Amid Soaring Prices — 774 Locations Designated for First Half of 2025

Apr 14, 2025 19  Views
◈ Despite rising material costs, more businesses join the effort to stabilize consumer prices, with 774 ‘Good Price Shops’ designated — surpassing the city’s annual goal of 750.

◈ In addition to restaurants offering Korean, Japanese, and Chinese cuisine, services such as laundry, barbershops, beauty salons, and public baths are also included.

◈ The city plans to expand support, partner with credit card companies for discounts, and launch public recommendation campaigns to further promote the program.
내용

The Busan Metropolitan City (Mayor Park Heong-joon) has announced that 774 businesses have been designated as “Good Price Shops” for the first half of 2025, exceeding the annual target of 750.

A “Good Price Shop” refers to a small service business that offers quality services at lower prices than others in the area. The designation system was introduced in 2011 by the central and local governments to help stabilize prices for personal services.


This year, 103 new shops were designated in March alone during the citywide inspection and promotion period, leading to an increase of 113 shops compared to the same period last year (661 shops).

Among the 774 designated businesses:

  • 618 (79.9%) are in the food service industry, including Korean, Japanese, and Chinese cuisine.

  • 156 (20.1%) are other personal service businesses, such as beauty salons, barbershops, and public baths.


Breakdown by category:

  • Korean restaurants: 500 locations (64.6%)

  • Beauty salons: 79 locations (10.2%)

  • Chinese restaurants: 51 locations (6.6%)

  • Other services include photo studios, bowling alleys, automotive repair shops, and more — making it convenient for citizens to use these services in everyday life.


Examples of newly designated shops:

  • (Yeongdo-gu) Vietnamese rice noodles with pork and vegetables for KRW 7,500, served in a clean facility with domestic ingredients — designated also as a safe restaurant.

  • (Dongnae-gu) Baby photo shoot package (4 themes + 4 framed prints) for KRW 140,000, includes free maternity and infant sessions.

  • (Haeundae-gu) Local dish set (Busan-style dumpling soup + handmade soba) for KRW 7,000 using regional ingredients like Gijang kelp; prices frozen for three years and proceeds donated to local welfare centers.

  • (Suyeong-gu) Gimbap (박고지김밥) for KRW 3,000 — a well-known local shop supporting low-income seniors with free meals.


To further promote participation, the city plans to:

  • Increase support funding for participating businesses

  • Collaborate with financial institutions for credit card discounts

  • Coordinate with the central government to launch consumer campaigns and events


The full list of “Good Price Shops” can be found on the Busan City website:
👉 www.busan.go.kr/depart/goodshops


For national-level benefits such as credit card promotions and the Good Price Shop verification challenge, visit the Ministry of the Interior and Safety’s website:
👉 www.goodprice.go.kr


Kim Bong-cheol, Director of Busan’s Digital Economy Bureau, stated:

“We will continue promoting Good Price Shops as a key strategy for price stability and supporting the local economy. We encourage citizens to actively make use of these designated shops.”

This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.