[Finance] Vice President: Government Plays Three Major Roles to Help Industries Face Global Competition
bellala 央廣4h ago
Vice President Hsiao Bi-khim pointed out on the 18th that in the face of global supply chain restructuring and the accelerated development of the AI wave, the government will play three major roles: continue to provide stable infrastructure such as water and electricity, optimize the regulatory environment, and promote the "Balanced Taiwan" policy to assist industrial development and drive balanced growth across Taiwan. #CNA reporter Tsai Peng-min reports#
The general meeting of the Chinese National Federation of Industries and Commerce began, with Chairman Wu Dong-liang pointing out that despite challenges such as global supply chain restructuring and digital transformation, Taiwan has achieved excellent economic results through the concerted efforts of the government and industry. He believes that Taiwan's economic growth rate will exceed 10% this year, making it one of the top 20 economies in the world. He called for the legislative yuan to conduct thorough consultations between the ruling and opposition parties to accelerate budget review and ensure the nation's continued development.
In her speech, Vice President Hsiao Bi-khim noted that post-pandemic global supply chain restructuring has accelerated, and countries of all sizes are paying more attention to national security, supply chain resilience, and industrial competitiveness. Facing a rapidly changing international landscape, both the government and the industry must remain highly vigilant.
Regarding the government's role, the Vice President said that the government will continue to provide maximum support to industries in key infrastructure such as water, electricity, and talent. As for the national infrastructure investment mentioned by Chairman Wu, the government looks forward to working with the Legislative Yuan to pass the annual budget as quickly as possible.
In terms of the regulatory environment, the Vice President stated that in the face of rapid technological and AI development, regulations must be both flexible and forward-looking, supporting innovation while maintaining social stability and fairness. She said: "(Original sound) In the regulatory environment, we need to find the optimal balance point. Technology and AI are advancing very rapidly, and sometimes regulations need to support a strong sense of flexibility, but also become a force for social stability. So, how can (the government) play a role that is very stable but does not hinder everyone's accelerated progress?"
Vice President Hsiao further elaborated that President Lai Ching-te continues to promote the concept of "Balanced Taiwan." While supporting the development of technology industries such as semiconductors and AI, it also takes into account traditional industries and the service sector, and promotes the "Asia Asset Management Center" policy to allow more industries to share the fruits of economic growth. She pointed out that the government will invest in infrastructure and industrial resources, and plans a budget of hundreds of billions of dollars to assist small, medium, and micro-enterprises in promoting net-zero and digital transformation, strengthening industrial competitiveness, and striving to build a more resilient Taiwan.
Vice President Hsiao pointed out that Taiwanese companies have always been pragmatic and low-key in the international market, but with their solid technical strength and product quality, they have occupied an important position in the global supply chain. Taiwan is a trustworthy partner in the global construction of a "non-red supply chain." Facing intensified international competition, the government will work hand in hand with the industry to enhance the international visibility and value of Taiwanese brands. (Editor: Song Wan-yuan)
Source Link: https://www.rti.org.tw/news?uid=3&pid=215208
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