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Monday, 5 November 2012 - South Korea minister hopes Gangnam Style can spur service sector |
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"Cooperation, competition and creativity -- these three Cs are the factors of Gangnam Style's success," Finance Minister Bahk Jae-wan said. The intricate group dances in "Gangnam Style" required cooperation, success in the K-pop scene was the result of fierce competition, and the whole process reflected great creativity, Bahk told Reuters in the Mexican capital. Psy's song "Gangnam Style," which mocks the consumerism of a rich Seoul suburb and features a horse-riding-style dance, went viral on video-sharing website YouTube. It has been viewed more than 530 million times on YouTube since it was released in mid-July -- inspiring scores of horse dance tributes and parodies around the world. Bahk said he hopes South Korea, an industrial powerhouse whose films, TV soap operas and pop music have found a wide world audience in the past decade, can coax another C from the "Gangnam Style" phenomenon -- competitiveness in the service industry. "Korea traditionally has had strong competitiveness in the manufacturing sector, but very weak competitiveness in the service industry," he said. "Gangnam style gives us hope for the service industry's competitiveness." (Reporting By Paul Eckert; Editing by Chizu Nomiyama) Entertainment Fashion Mexico South Korea Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. 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