Research and Analysis on the DPRK Leadership
The Kwangpok Area Supermarket in west Pyongyang opened on Thursday, 5 January. One of the largest shopping centers in the DPRK, the Kwangpok market is a joint venture between the DPRK T’aesong General Trading Corporation and the PRC’s Feihaimengxin Trading Company. A grand opening event was held on 5 January. One of the participants at the opening ceremony was Jon Il Chun (Chon Il-chun), deputy director of the Korean Workers’ Party’s Finance and Accounting Department and section chief of Office #39. Mr. Jon accompanied Kim Jong Il on a visit to the Kwangpok store in mid-December 2011, which was KJI’s last reported public appearance before his death.
All business service at the supermarket built as a commercial service center has been put on IT and digital basis. Customers can buy varieties of goods according to their taste and requirements in the sales rooms on each floor stacked with household appliances, electronic products, foodstuff, fibre, sundries and others.
Present there were officials concerned, officials of the Korea Taesong General Trading Corporation, officials and employees of the Kwangbok Area Supermarket, members of the Feihaimengxin Trading (Beijing) Co. Ltd. staying in the DPRK and the Chinese embassy here.
O Ryong Il, general president of the Corporation, said in his speech that the work to build the supermarket was successfully completed under the energetic leadership of leader Kim Jong Il and the dear respected Kim Jong Un and the positive efforts of the peoples of the two countries.
He expressed belief that the supermarket would help towards improving the people’s living standard and promoting the well-being of the two peoples through better service and management.
Xue Rifei, executive managing director of the Feihaimengxin Trading (Beijing) Co. Ltd., said in his speech that Kim Jong Il and Kim Jong Un gave field guidance to the supermarket on December 15, 2011 and named it the Kwangbok Area Supermarket.
He expressed the expectation that an effort will be made to reenergize the supermarket to win high appreciation for its best management, service and credit.
Xinhua English reported:
The shopping center was the last place the leader paid a public visit to before he died in mid-December. It is jointly run by China and DPRK, with China holding 65 percent of its shares.
At the opening ceremony on Thursday, DPRK business representatives said they will try their best to provide quality service in order to contribute to the livelihood of people from the two countries.
Chinese delegates responded that the shopping center’s opening will give a new boost to DPRK trade and economy.
The shopping center is now selling a complete variety of items, ranging from food to clothes, and from household appliances to electronic products, most of which are imported from neighbouring China.