Children's Day is a South Korean national holiday celebrated on May 5th to instill independence and national pride in children. It was founded in 1923 by writer Pang Chong-hwan. The day highlights the dignity of children and their need for love, care and respect, as well as honoring adults who improve children's lives. Pang Chong-hwan said "Children are the future of our nation. Let's show respect for children."