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2020-02-10
President Tsai attends the 2020 ICF Top7 Global Cities Announcement/Conference and fields questions from the media

On the morning of February 10, President Tsai Ing-wen attended the 2020 Intelligent Community Forum Top7 Global Cities Announcement/Conference in Taoyuan. She stated that over the past three-plus years, we have moved steadily toward our goal of becoming a "digital nation and smart island." In addition, we are also working to promote the development of smart healthcare, smart transportation, and the digital economy. Taiwan will enter the 5G era alongside major countries like Japan, Korea, and the United States, which will generate new solutions for city governance, she said.

A translation of the president's remarks follows:

I want to welcome our Intelligent Community Forum (ICF) delegates from around the world to Taoyuan, and to Taiwan, to share your experiences in developing intelligent communities.

First, I want to congratulate Taoyuan City, the Asian Silicon Valley Plan Executive Center, on its selection as the 2019 Intelligent Community of the Year. This shows that the international community recognizes Taoyuan City's efforts to apply smart technologies to city governance, and I also want to extend special congratulations to Mayor Cheng Wen-Tsan (鄭文燦).

Using technology to meet the needs of residents and spur a city's development is the definition of an "intelligent community." I strongly agree with Mayor Cheng that the best technology is not simply "the most advanced technology," it is also "the most useful technology." Taoyuan City has taken many concrete actions and made many achievements on this front.

Taoyuan City is using digital technology to allow people to participate more in the planning and implementation of policy initiatives and budgets. In addition, telemedicine is helping provide better healthcare to people living in remote areas.

Taoyuan City is also using video technology to help translate conversations for new immigrants and migrant workers, so that they can make themselves understood in real time. And startup incubators in Taoyuan City are creating industrial clusters in AR, VR, drones, and self-driving vehicles to accelerate the pace of innovation.

We hope that Taoyuan City's achievements can be expanded to other areas in Taiwan and spur progress throughout the entire country.

Over the past three-plus years, we have moved steadily toward our goal of becoming a "digital nation and smart island." In the face of today's digital revolution, we have actively invested resources, loosened regulations, encouraged innovation, and dedicated our full efforts to accelerating the pace of industrial upgrading and economic restructuring.

We have also continued working to build more complete broadband infrastructure to eliminate the urban-rural digital divide and provide more equal digital opportunities for all, so that a more diverse range of social groups can make their voices heard and take part in discussions and dialogue on public policy, regardless of where they live. At the same time, we are committed to building our cybersecurity infrastructure, linking central and local governments to protect the security of our digital nation achievements.

In addition, we are also working to promote the development of smart healthcare and smart transportation. We are using information services to quickly take stock of the entire city's resources and opportunities, as well as the problems and needs of local residents, so that we can allocate resources in the most effective way possible.

In response to the Wuhan coronavirus outbreak, for example, we have set up an official LINE account to ensure that citizens have access to the most accurate information, and can instantly find out how many face masks are in stock at nearby pharmacies. This has greatly helped to ensure proper availability of supplies needed to fight the outbreak.

Moving forward, Taiwan will continue to promote the development of the digital economy. With the age of 5G fast approaching, our government has already completed relevant legislation and drawn up policy initiatives and budgets. We will be issuing the first round of 5G licenses this year, which means that Taiwan will enter the 5G era alongside major countries like Japan, Korea, and the United States.

I firmly believe that the adoption of 5G will usher in new possibilities for intelligent communities and generate new solutions for city governance.

We intend to pool the capabilities of the central and local governments to continue promoting the development of intelligent communities. The valuable experiences all of you share with us at this forum will serve as an important reference for us as we implement policies. Once again, I want to thank all of our distinguished guests for being here. I wish you a successful conference, and I hope you all learn a great deal from one another. Thank you!

After giving her remarks, President Tsai and those present took part in the initiation ceremony for a smart city service platform. ICF Co-Founder and Chair John Jung and Taoyuan City Mayor Cheng were also present at the event.

After the event, President Tsai took questions from the media. Commenting on next week's WHO Global Research and Innovation Forum, where Taiwan will be invited to participate online, the president stated that "online participation" is just a first step, and we will continue working to achieve substantive participation. She also took the opportunity to thank the many diplomatic allies and major countries that have recently spoken up in support of Taiwan.

Commenting on China's dispatch of several military aircraft to circle Taiwan in the midst of the Wuhan coronavirus outbreak, President Tsai stated that preventing the spread of the coronavirus outbreak is foremost in people's minds. She stated that people around the world are closely following the outbreak in China, and they have quite a bit to keep them busy. She expressed her belief that this sort of military action at a time like this is both meaningless and unnecessary. She added that Taiwan nevertheless scrambled F-16 fighter jets to shadow the Chinese aircraft the entire time they were in the air near Taiwan, and we will continue to monitor conditions in the Taiwan Strait. She asked that citizens rest assured that we are constantly monitoring and updating the situation, and we will continue to strengthen our national defense while upgrading cooperation with other countries.

The president also reminded China that the current most important task is to bring the coronavirus outbreak under control as quickly as possible and relieve the tension that people are feeling throughout the region and the entire world.

US Secretary of State Mike Pompeo recently gave a speech listing numerous examples of China's suppression of Taiwan's exchanges with US state governments, and reminded state governments not to ignore concerns regarding US national security, the economy, and freedoms because of China's economic incentives. President Tsai thanked Secretary of State Pompeo for his outspoken support and his reminder that US state governors not to bow to China's pressure. She expressed her belief that this kind of behavior, and the continued suppression and blocking of interaction with Taiwan, will not only fail to achieve China's objectives but will increasingly erode China's image. This, she said, is something that China should truly reflect on and reevaluate.       

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2023-09-27
President Tsai meets Stanford University Professor Andrew Ng
On the afternoon of September 27, President Tsai Ing-wen met with Stanford University Professor Andrew Ng. In remarks, President Tsai stated that Taiwan has an excellent foundation in semiconductors and smart manufacturing, and expressed hope that Taiwan can accelerate the development of artificial intelligence and its associated applications, so that we can continue to upgrade and transform our industries. Stating that the government will give its full support to the development of AI technologies, the president expressed her belief that Taiwan has what it takes to develop a comprehensive AI ecosystem and become an international AI powerhouse. A translation of President Tsai's remarks follows: The last time Professor Ng visited Taiwan was in 2019, before the global pandemic started. He was here at the invitation of the Ministry of Science and Technology to give a lecture on the theme "What's next in AI." Four years later, the AI wave has truly arrived and the whole world is paying close attention to this issue. Professor Ng, let me welcome you to Taiwan again. Through this visit, I hope that you can build closer connections with industry and academia in Taiwan to discuss and explore more potential applications for AI. Technological advances have made it easier to put AI into practice. AI can now play a role in finding solutions to the many issues faced by modern society in areas such as climate change, healthcare, and traffic safety. As Professor Ng has said, AI is transforming almost every industry. It is for this reason that Taiwan hopes to accelerate the development of AI and its associated applications, so that we can continue to upgrade and transform Taiwan's industries and cultivate more talent, making Taiwan a smart, digital nation. As AI applications grow increasingly complex, the chip and information and communications technology industries, among others, will have to adapt. AI has also become an important driver for the future of the semiconductor industry. And with the geopolitical changes of recent years, countries around the world are seeking a reliable supply chain. I am confident that building on our solid foundation of talent and R&D, Taiwan will maintain its position of global prominence in this area. Moving forward, Taiwan will work with like-minded partners, using technology to strengthen social trust, safeguard and enhance our democracy and freedoms, and reduce any potentially negative impacts of AI. I also want to thank Taiwania Capital CEO David Weng (翁嘉盛) for his longstanding efforts to facilitate Taiwanese industries' global engagement and for his keen interest in AI. Thank you for hosting the Navigating the Future of AI forum and for inviting Professor Ng to visit Taiwan to explore the trends in and challenges of AI with us. Taiwan has an excellent foundation in semiconductors and smart manufacturing as well as outstanding talent in AI. The government is also giving its full support to the development of AI technologies. I believe that Taiwan has what it takes to develop a comprehensive AI ecosystem. The world can count on Taiwan to become an international AI powerhouse. I once again welcome you, Professor Ng, and I wish you a successful and rewarding visit to Taiwan. 
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2023-09-27
President Tsai attends 2021 Energy Taiwan opening ceremony
On the morning of December 8, President Tsai Ing-wen attended the opening ceremony of the 2021 Energy Taiwan exhibition. In remarks, President Tsai stated that by 2025 domestic construction of wind and solar power installations is set to generate NT$1.7 trillion in investments, more than NT$2 trillion in output value, and 160,000 job opportunities. The president also said that the government is making every effort to make Taiwan the green energy hub of Asia, while speeding up and expanding our green energy rollout so that Taiwan's energy sector will be an indispensable link in the international green energy supply chain. A translation of President Tsai's remarks follows: We're all aware that one of the key issues at last month's COP26 was the goal of net-zero emissions by 2050. This goal has become a global consensus, and, going forward, countries around the world will be working toward reducing their carbon emissions. Transforming our energy sector is the key to reducing carbon emissions, and today's Energy Taiwan exhibition highlights Taiwan's determination and ability to develop renewable energy. Each of you here is an important partner to our government in our joint effort to promote Taiwan's energy transition. I have participated in this exhibition's opening ceremony for four consecutive years, not just to show how important energy issues are for this administration, but also to thank all of you in person. Because of your efforts, Taiwan has been able to engage with the international community and contribute more to the world. Climate change is a global challenge, and Taiwan is joining the global response. The Environmental Protection Administration is currently working on amendments to our nation's Greenhouse Gas Reduction and Management Act, including writing the 2050 net-zero goal into law. And the Executive Yuan has set up a task force to evaluate possible paths toward net-zero emissions and draft a blueprint for our energy transition. Today's exhibition is our domestic green energy industry's largest platform for exchange. I want everyone to know that our government is making every effort to realize our vitally important goal of making Taiwan the green energy hub of Asia. In the future, global industrial demand for green energy will only continue to grow. This year, Taiwan began to implement provisions that will spur major power consumers to increase the proportion of renewable energy they use within five years. The EU Carbon Border Adjustment Mechanism will also subject the carbon footprints of export products to more rigorous inspections. As such, many international enterprises have joined the RE100 initiative, under which they have committed to using 100-percent renewable energy in the future. Here, TSMC and UMC are among the companies which have joined RE100 and have acted on their green energy commitments. I'm sure you all noticed that last week, SEMI released new data showing that Taiwan's firms spent over US$7.3 billion on semiconductor manufacturing equipment in the third quarter, setting a domestic record and making Taiwan the world's largest market for such equipment. This year, the output value of Taiwan's semiconductor industry is projected to surpass NT$4 trillion for the first time ever. Our semiconductor industry is indeed thriving. To meet urgent industry demand for green energy, our government is speeding up and expanding our green energy rollout, and is helping make Taiwan's energy sector an indispensable link in the international green energy supply chain. I also want to share with you that Taiwan's solar energy installed capacity has grown by a factor of 4.7 over the past five years, and our second offshore wind farm has also started operation. We expect that, through 2025, wind and solar power construction projects in Taiwan will generate NT$1.7 trillion in investments, more than NT$2 trillion in output value, and 160,000 job opportunities. To further progress and develop, Taiwan must continue to promote the transformation of our energy sector. To reach our long-term goal of net-zero emissions, we need to use natural gas in this transitional period and build a more flexible and responsive power supply network. Building the third liquefied natural gas import terminal will help relieve the imbalance created by generating power for northern Taiwan in central and southern Taiwan, and will also reduce air pollution in central and southern Taiwan. This facility is crucial to Taiwan's energy sector and to achieving net-zero emissions. We all know how important energy is to our nation's economic development, industrial competitiveness, and people's everyday lives. So, however difficult this energy transition may be, our government will continue to engage with people throughout society to jointly resolve any issues we might encounter. I hope we can combine our collective strengths and resolutely forge ahead on this path. In closing, I want to thank the organizer and co-organizers for their efforts to expand the scope of this exhibition every year. I also want to congratulate today's award winners, and thank each of you for your contributions to transforming Taiwan's energy sector. Let's continue to work together toward this goal. Thank you, and I wish you all a successful exhibition. Following her address, President Tsai presented the SEMI Taiwan Industry Contribution Awards, Taiwan Excellent PV Awards, Top Solar Awards, and PVGSA Renewable PV Power System Promotion Awards to awardees and firms. The president also visited the Copenhagen Infrastructure Partners, United Renewable Energy, and Taiwan Solar Energy Corporation exhibition booths and listened to presentations introducing their products. Also in attendance at the exhibition were Vice Minister of Economic Affairs Lin Chuan-neng (林全能), Chairman of the Taiwan External Trade Development Council James C. F. Huang (黃志芳), SEMI Taiwan President Terry Tsao (曹世綸), and members of the diplomatic corps stationed in Taiwan.
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2023-09-27
Presidential Office holds press conference following 2021 APEC meetings
On the morning of November 13, the Presidential Office held a press conference on the 2021 APEC meetings, including the APEC Economic Leaders' Meeting (AELM) and Ministerial Meetings. Joined by Minister without Portfolio John C. C. Deng (鄧振中), Minister of Economic Affairs Wang Mei-hua (王美花), National Security Council Deputy Secretary-General Hsu Szu-chien (徐斯儉), and Director-General Sharon S. N. Wu (吳尚年) of the Ministry of Foreign Affairs' Department of International Organizations as Senior Official for APEC, Leader's Representative Dr. Morris Chang (張忠謀) briefed the public on the results of this year's APEC meetings and responded to questions from the media. Dr. Chang discussed the remarks he delivered at the previous day's AELM, a full transcript of which follows: Prime Minister [Jacinda] Ardern has encouraged us to respond to the question of "How can we work together to accelerate the economic recovery from COVID-19?" Chinese Taipei will respond as follows: First, COVID-19 is not over yet. The world, including APEC, is still struggling toward what we may consider to be a valid signpost that COVID-19 is behind us: namely, free travel again, without restrictions and quarantines. To get to that signpost, the best medical advice appears to be: sufficiently broad vaccination coverage among the world population. Getting back to APEC, some members do not have enough vaccines while others have surpluses and/or are manufacturers. We believe that the latter should make it easy for the former to obtain sufficient vaccines and implement broad vaccination coverage. On behalf of Chinese Taipei, I am happy to report that, while I expressed some concern in our special session in July about our vaccine adequacy, that concern has now eased somewhat due to generous donations by the US and Japan, and by several local enterprises and institutions. Also, as perhaps one of the most successful APEC members to control the severity of the pandemic outbreak through digital tools so far, Chinese Taipei repeats our willingness to help other members by sharing our experience with them. Once we have reached the signpost of free travel, it means we have conquered, or at least neutralized COVID-19. What remains to be our main challenge? Free trade--free trade that is only subject to vital national security needs. APEC members have thrived during the past several decades through free trade. Chinese Taipei is concerned that, recently, "free trade" seems to carry more conditions and qualifications than it used to. We believe most of those conditions and qualifications are counterproductive. We earnestly believe that free trade, subject to only vital national security needs, is the broad avenue to supply chain resiliency and robust prosperity for each and every APEC member. Speaking of supply chain resiliency, the recent semiconductor supply bottleneck has often been brought up. The chip shortage is a culmination of an original underestimation of demand, natural disaster, logistical jams, and digital demand spikes. While a shortage of any critical component is a serious problem, a free market, which includes free trade and free competition, is still the best solution. In fact, the greatly stepped-up building of chip manufacturing capacity in response to the recent chip shortage, is testimony to our belief that the free market is the best solution to shortage or excess problems. Regional economic integration brings our economic and trade relations closer. Chinese Taipei believes that our economic development depends importantly on APEC regional prosperity. Therefore, we believe in supporting initiatives that deepen economic integration, promote high standards on trade-related rules, and help improve the livelihoods of our people across the Asia-Pacific. Because of these beliefs, we have applied to join the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership), a comprehensive agreement that could generate momentum for the development of the region – liberalizing trade and investment while promoting sustainable growth. Chinese Taipei plays an irreplaceable role in the global high-tech supply chain. We also have a highly transparent market economy, and are able and willing to respect the CPTPP's high standards. Finally, we thank New Zealand for overcoming all the challenges this year and successfully hosting all the APEC meetings. We believe that the achievements in this year's priority areas will lay the groundwork for the APEC agenda in the future. We also thank and support the United States' and Peru's offers to host APEC in 2023 and 2024, respectively. We also look forward to the APEC meetings to be hosted by Thailand next year. Dr. Chang further stated that at this year's AELM, APEC members focused on two important issues, the first of which was vaccines. He said that countries with a vaccine surplus outlined how many doses they have donated and how many they will donate in the future, and noted that APEC members without enough vaccines voiced complaints. Dr. Chang said that Chinese Taipei lies somewhere in the middle, and that while we are not in a position to donate vaccines, the shortage he mentioned in July seems to have eased. The second issue of common concern, Dr. Chang said, was economic recovery and the question of how to use technology and digitalization to revive our economies in an inclusive way, so that the resulting economic prosperity is not limited to only a minority of people. Other issues discussed included sustainability and climate change. Dr. Chang then answered questions from the media. Asked whether other APEC members had responded to his statement during the AELM expressing our desire to join the CPTPP and citing Taiwan's competitive advantages, Dr. Chang said that AELM participants delivered their statements in alphabetical order, with no time allotted in the agenda for responses. He added that, in regard to our CPTPP accession, he had made clear in his remarks that Chinese Taipei plays an irreplaceable role in global high-tech supply chains, has a highly transparent market economy, and is willing and able to respect the CPTPP's high standards, all of which are strong qualifications for entry. Dr. Chang was also asked if China had expressed goodwill or sought to clarify its previously stated position that, in order to participate in mechanisms for economic cooperation, Taiwan or Chinese Taipei must do so under the "one China principle." Dr. Chang responded in the negative, saying that China did not bring up the "one China principle" in the meeting. Dr. Chang was further asked if other leaders had expressed concern about chip shortages or had discussed related issues with him. Dr. Chang responded that none of the other leaders had broached the topic, and that he was the only one to mention it, adding that he brought it up only as a good example of why the free market is the best solution to shortages or oversupply problems. Regarding the chip shortage, Dr. Chang said that, in a free-market environment, the private sector can quickly ramp up production capacity before any government takes action. Dr. Chang also referred to his statement during the AELM that free trade seems to carry more conditions and qualifications than it used to, citing the US as a longtime free trade advocate which has now suddenly added conditions requiring more domestic production of semiconductors and integrated circuits.
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2023-09-27
Presidential Office thanks US for second COVID-19 vaccine donation
In response to the United States' second donation of COVID-19 vaccines to Taiwan, which comprised 1.5 million Moderna doses and arrived around noon on November 1, Presidential Office Spokesperson Xavier Chang (張惇涵) stated that the Presidential Office sincerely thanks the United States government for once again taking concrete action to support Taiwan. Noting that the US has to date donated a total of 4 million COVID-19 vaccine doses to Taiwan, Spokesperson Chang said this latest donation reflects a virtuous cycle of cooperation between democratic partners in our fight against the pandemic, shows that the Taiwan-US friendship is flourishing in the spirit of "real friends, real progress," and highlights that US government support for Taiwan is rock-solid. Spokesperson Chang noted that this past June, when Taiwan was facing a serious challenge from the pandemic, the US government acted quickly to donate 2.5 million vaccine doses, which helped Taiwan significantly in overcoming that challenge. During her visit to Taiwan that month, US Senator Tammy Duckworth declared that the US would not let Taiwan "stand alone," a remark which deeply touched the people of Taiwan. As US President Joe Biden said, vaccines are the product of the power of democracy and scientific ingenuity; the US government's move to again extend a helping hand demonstrates a firm belief in democratic values and that Taiwan is not alone. Spokesperson Chang also noted that, thanks to the tireless work of Taiwan's pandemic response professionals, the togetherness of our people, and continued assistance from our democratic partners, Taiwan gradually emerged from the outbreak of COVID-19 earlier this year, which has been effectively brought under control. To date, over 70% of people in Taiwan have received at least one vaccine shot, and over 30% have received two. The spokesperson again expressed sincere gratitude to the US government for its timely vaccine donations, and said that inspections of this shipment will proceed quickly so that the doses can be distributed and administered via Taiwan's vaccination program. Spokesperson Chang reiterated that the Presidential Office is deeply thankful to the members of Taiwan's diplomatic corps as well as all others on both sides who were involved in facilitating the prompt delivery of these vaccines. Taiwan and the US are steadfast partners who share the same values, and we are convinced that Taiwan-US cooperation can overcome the challenges of the pandemic and contribute to global public health. Taiwan will continue to deepen all facets of its cooperative partnership with the US, as we work together to maintain regional peace and stability and promote prosperity and development.
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2023-09-27
Presidential Office thanks Japan for sixth donation of COVID-19 vaccines
Responding to Japan's sixth donation of AstraZeneca COVID-19 vaccines, which comprised 300,000 doses and arrived in Taiwan on the morning of October 27, Presidential Office Spokesperson Xavier Chang (張惇涵) stated that the Presidential Office once again expresses heartfelt and sincere thanks to the Japanese government. Spokesperson Chang noted that Japan has donated a total of more than 4.2 million COVID-19 vaccine doses to Taiwan over six shipments, demonstrating our genuine friendship. Spokesperson Chang stated that the "friendship vaccines" donated by the Japanese government have contributed substantially to raising overall vaccination coverage in Taiwan and better protecting our society. The people of Taiwan have been deeply moved by these vaccine donations, which reflect the resolute friendship between Taiwan and Japan and are a testament to the enduring virtuous cycle of mutual support between our countries. Spokesperson Chang said that the Presidential Office once again expresses sincere thanks to our diplomatic personnel and all others who contributed to this effort. The spokesperson added that Taiwan and Japan are steadfast partners who share common values, and that we will continue to strengthen our bilateral cooperation to enhance the well-being of our peoples, while upholding peace and stability and promoting prosperity and development in the region. Spokesperson Chang emphasized the government's belief that, through continued cooperation, Taiwan and Japan will overcome the challenges posed by the COVID-19 pandemic and be a positive force for global public health.
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2025-01-01
President Lai delivers 2025 New Year’s Address
On the morning of January 1, President Lai Ching-te delivered his 2025 New Year’s Address, titled “Bolstering National Strength through Democracy to Enter a New Global Landscape,” in the Reception Hall of the Presidential Office. President Lai stated that today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. In this new year, he said, Taiwan must be united, and we must continue on the right course. The president expressed hope that everyone in the central and local governments, regardless of party, can work hard together, allowing Taiwan sure footing as it strides forward toward ever greater achievements.  President Lai emphasized that in 2025, we must keep firm on the path of democracy, continue to bolster our national strength, make Taiwan more economically resilient, enhance the resilience of supply chains for global democracies, and continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. The president said that Taiwan will keep going strong, and we will keep walking tall as we enter the new global landscape. A translation of President Lai’s address follows: Today is the first day of 2025. With a new year comes new beginnings. I wish that Taiwan enjoys peace, prosperity, and success, and that our people lead happy lives. Taiwan truly finished 2024 strong. Though there were many challenges, there were also many triumphs. We withstood earthquakes and typhoons, and stood firm in the face of constant challenges posed by authoritarianism. We also shared glory as Taiwan won the Premier12 baseball championship, and now Taiwanese people around the world are all familiar with the gesture for Team Taiwan. At the Paris Olympics, Wang Chi-lin (王齊麟) and Lee Yang (李洋) clinched another gold in men’s doubles badminton. Lin Yu-ting (林郁婷) took home Taiwan’s first Olympic gold in boxing. At the International Junior Science Olympiad, every student in our delegation of six won a gold medal. And Yang Shuang-zi’s (楊双子) novel Taiwan Travelogue, translated into English by King Lin (金翎), became a United States National Book Award winner and a tour de force of Taiwan literature on the international level. Our heroes of Taiwan are defined by neither age nor discipline. They have taken home top prizes at international competitions and set new records. They tell Taiwan’s story through their outstanding performances, letting the world see the spirit and culture of Taiwan, and filling all our citizens with pride. My fellow citizens, we have stood together through thick and thin; we have shared our ups and downs. We have wept together, and we have laughed together. We are all one family, all members of Team Taiwan. I want to thank each of our citizens for their dedication, fueling Taiwan’s progress and bringing our nation glory. You have given Taiwan even greater strength to stand out on the global stage. In this new year, we must continue bringing Taiwan’s stories to the world, and make Taiwan’s successes a force for global progress. In 2025, the world will be entering a new landscape. Last year, over 70 countries held elections, and the will of the people has changed with the times. As many countries turn new pages politically, and in the midst of rapid international developments, Taiwan must continue marching forward with steady strides. First, we must keep firm on the path of democracy. Taiwan made it through a dark age of authoritarianism and has since become a glorious beacon of democracy in Asia. This was achieved through the sacrifices of our democratic forebears and the joint efforts of all our citizens. Democracy’s value to Taiwan lies not just in our free way of life, or in the force driving the diverse and vigorous growth of our society. Democracy is the brand that has earned us international trust in terms of diplomacy. No matter the threat or challenge Taiwan may face, democracy is Taiwan’s only path forward. We will not turn back. Domestic competition among political parties is a part of democracy. But domestic political disputes must be resolved democratically, within the constitutional system. This is the only way democracy can continue to grow. The Executive Yuan has the right to request a reconsideration of the controversial bills passed in the Legislative Yuan, giving it room for reexamination. Constitutional institutions can also lodge a petition for a constitutional interpretation, and through Constitutional Court adjudication, ensure a separation of powers, safeguard constitutional order, and gradually consolidate the constitutional system. The people also have the right of election, recall, initiative, and referendum, and can bring together even greater democratic power to show the true meaning of sovereignty in the hands of the people. In this new year, the changing international landscape will present democratic nations around the world with many grave challenges. Russia’s invasion of Ukraine and conflict between Israel and Hamas rage on, and we are seeing the continued convergence of authoritarian regimes including China, Russia, North Korea, and Iran, threatening the rules-based international order and severely affecting peace and stability in the Indo-Pacific region and the world at large. Peace and stability in the Taiwan Strait are essential components for global security and prosperity. Taiwan needs to prepare for danger in times of peace. We must continue increasing our national defense budget, bolster our national defense capabilities, and show our determination to protect our country. Everyone has a responsibility to safeguard Taiwan’s democracy and security. We must gather together every bit of strength we have to enhance whole-of-society defense resilience, and build capabilities to respond to major disasters and deter threats or encroachment. We must also strengthen communication with society to combat information and cognitive warfare, so that the populace rejects threats and enticements and jointly guards against malicious infiltration by external forces. Here at home, we must consolidate democracy with democracy. Internationally, we must make friends worldwide through democracy. This is how we will ensure security and peace. The more secure Taiwan, the more secure the world. The more resilient Taiwan, the sounder the defense of global democracy. The global democratic community should work even closer together to support the democratic umbrella as we seek ways to resolve the war in Ukraine and conflict between Israel and Hamas. Together, we must uphold stability in the Taiwan Strait and security in the Indo-Pacific, and achieve our goal of global peace. Second, we must continue to bolster our national strength, make Taiwan more economically resilient, and enhance the resilience of supply chains for global democracies. In the first half of 2024, growth in the Taiwan Stock Index was the highest in the world. Our economic growth rate for the year as a whole is expected to reach 4.2 percent, leading among the Four Asian Tigers. Domestic investment is soaring, having exceeded NT$5 trillion, and inflation is gradually stabilizing. Export orders from January to November totaled US$536.6 billion, up 3.7 percent from the same period in 2023. And compared over the same period, exports saw a 9.9 percent increase, reaching US$431.5 billion. Recent surveys also show that in 2024, the average increase in salaries at companies was higher than that in 2023. Additionally, over 90 percent of companies plan to raise salaries this year, which is an eight-year high. All signs indicate that Taiwan’s economic climate continues to recover, and that our economy is growing steadily. Our overall economic performance is impressive; still, we must continue to pay attention to the impact on Taiwan’s industries from the changing geopolitical landscape, uncertainties in the global economic environment, and dumping by the “red supply chain.”  For a nation, all sectors and professions are equally important; only when all our industries are strong can Taiwan be strong as a nation. Our micro-, small-, and medium-sized enterprises (MSMEs) are the lifeblood of Taiwan, and the development of our various industrial parks has given Taiwan the impetus for our prosperity. We must carry the spirit of “Made in Taiwan” forward, bringing it to ever greater heights. Thus, beyond just developing our high-tech industry, our Executive Yuan has already proposed a solution that will help traditional industries and MSMEs comprehensively adopt technology applications, engage in the digital and net-zero twin transition, and develop channels, all for better operational structures and higher productivity. Taiwan must continue enhancing its economic resilience. In recent years, Taiwan has significantly increased its investments in the US, Japan, Europe, and the New Southbound countries, and such investment has already surpassed investment in China. This indicates that our efforts in diversifying markets and reducing reliance on any single market are working. Moving forward, we must keep providing assistance so that Taiwan industries can expand their global presence and market internationally from a solid base here in Taiwan. At the same time, Taiwan must use democracy to promote economic growth with the rest of the world. We must leverage our strengths in the semiconductor and AI industries. We must link with democratic countries so that we can together enhance the resilience of supply chains for global democracies. And through international cooperation across many sectors, such as UAVs, low-orbit communications satellites, robots, military, security and surveillance, or biopharmaceuticals, renewable energy technology, new agriculture, and the circular economy, we must keep abreast of the latest cutting-edge technology and promote diverse development. This approach will help Taiwan remain a leader in advancing global democratic supply chains, ensuring their security and stability. Third, we must continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. Democracy means the people have the final say. Our nation belongs to all 23 million of us, without regard for ethnic group, generation, political party, or whether we live in urban or rural areas. In this new year, we must continue to pursue policies that promote the well-being of the nation and the people. But to that end, the central government needs adequate financial resources to ensure that it can enact each of these measures. Therefore, I hope that the ruling and opposition parties can each soberly reconsider the amendments to the Act Governing the Allocation of Government Revenues and Expenditures and find a path forward that ensures the lasting peace and stability of our country. For nine consecutive years, the minimum wage has continued to rise. Effective today, the minimum monthly salary is being raised from NT$27,470 to NT$28,590, and the hourly salary from NT$183 to NT$190. We hope by raising the pay for military personnel, civil servants, and educators for two consecutive years, coupled with benefits through wage increases and tax reductions, that private businesses will also raise wages, allowing all our people to enjoy the fruits of our economic growth. I know that everyone wants to pay lower taxes and rent. This year, we will continue to promote tax reductions. For example, unmarried individuals with an annual income of NT$446,000 or less can be exempt from paying income tax. Dual-income families with an annual income of NT$892,000 or less and dual-income families with two children aged six or younger with an annual income of NT$1,461,000 or less are also exempt from paying income tax. Additionally, the number of rent-subsidized housing units will also be increased, from 500,000 to 750,000 units, helping lighten the load for everyone. This year, the age eligibility for claiming Culture Points has been lowered from 16 to 13 years, so that now young people aged between 13 and 22 can receive government support for experiencing more in the arts. Also, our Taiwan Global Pathfinders Initiative is about to take effect, which will help more young people in Taiwan realize their dreams by taking part in education and exchange activities in many places around the world. We are also in the process of establishing a sports ministry to help young athletes achieve their dreams on the field, court, and beyond. The ministry will also be active in developing various sports industries and bringing sports and athletics more into the lives of the people, making our people healthier as a result. This year, as Taiwan becomes a “super-aged society,” we will launch our Long-term Care 3.0 Plan to provide better all-around care for our seniors. And we will expand the scope of cancer screening eligibility and services, all aimed at creating a Healthy Taiwan. In addition, Taiwan will officially begin collecting fees for its carbon fee system today. This brings us closer in line with global practices and helps us along the path to our goal of net-zero emissions by 2050. We will also continue on the path to achieving a Balanced Taiwan. Last month, the Executive Yuan launched the Trillion NT Dollar Investment National Development Plan and its six major regional flagship projects. Both of these initiatives will continue to expand the investment in our public infrastructure and the development of local specialty industries, narrowing urban-rural and wealth gaps so that all our people can live and work in peace and happiness. My fellow citizens, today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. This tells us that national development is moving in the right direction. In this new year, Taiwan must be united, and we must continue on the right course. We hope that everyone in the central and local governments, regardless of party, can work hard together to ensure that national policies are successfully implemented, with the people’s well-being as our top priority. This will allow Taiwan sure footing as it strides forward toward ever greater achievements. In this new year, we have many more brilliant stories of Taiwan to share with the world, inspiring all Taiwanese, both here and around the world, to cheer time and again for the glory of Taiwan. Taiwan will keep going strong. And we will keep walking tall as we enter the new global landscape. Thank you.
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