As one of the world’s most famous global cities, Seoul is the capital of Korea with a population of more than 10 million, making it the country's foremost economic, political, and cultural center. Seoul has been a major settlement for over 2,000 years, with its foundation dating back to 18 B.C. when Baekje, one of the Three Kingdoms in the ancient history, established its capital. It has continued as the capital of Korea ever since 1394 during the Chosun Dynasty.

Multinational conglomerate companies such as Samsung, LG and Hyundai Motors have their headquarters in this global business center. The mobile ownership (78%) and the internet penetration percentage (91.8%) indicate the outstanding business infrastructure of the cutting-edge industry, including the world’s highest broadband penetration ratio (25.5%). In the area surrounding the city, there are another 15 million inhabitants in the Capital Region, accounting for almost half of the total 50 million populations.

Seoul hosts almost 100 international conferences each year, proving its economic growth to the world as a global city. Worldwide events such as the Asian Game (1986), the Asian Game (1986), the Summer Olympics (1988) and the Soccer World Cup (2002) have resulted in reinforcing its global reputation. Leaders of the twenty nations throughout politics, industry and academia have gathered in November, 2010. The G-20 summit has proved the international competence of Seoul as a global leading city.

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