Office of the President Republic of China(Taiwan)

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.

On the afternoon of October 14, President Tsai Ing-wen delivered recorded opening remarks at the 2021 Taiwan Innotech Expo. President Tsai emphasized that, to respond to the need for digital transformation and innovative development in the business sector, the government has been guiding companies in upgrading their R&D capabilities, and has also been working to promote national digital transformation so that Taiwan can make further progress toward becoming a "smart nation." The president also expressed hope that the Taiwan Innotech Expo would facilitate the involvement of more people in these efforts, so that Taiwan can continually improve its R&D capabilities and make greater strides toward our goal of industrial innovation. A translation of President Tsai's remarks follows: The Taiwan Innotech Expo is being held this year as a hybrid event, with both physical and virtual exhibits. These exhibits cover everything from space technology and digital transformation to new agriculture, highlighting Taiwan's rich and diverse range of innovative capabilities. This year's expo brings together R&D achievements from 10 different government agencies, as well as outstanding R&D teams from Taiwan and around the world. There are more than 300 firms from 24 countries, with 1,300 tech products on display. I want to thank each of the government agencies involved for their hard work setting up this event. Over the past few years, to respond to the need for digital transformation and innovative development in the business sector, the government has been guiding companies to enhance their R&D capabilities and has been promoting national digital transformation so that Taiwan can make further progress toward becoming a "smart nation." Taiwan also places highly in rankings of global competitiveness. The International Institute for Management Development (IMD) ranked Taiwan eighth in its 2021 World Competitiveness Yearbook, up three spots from last year and the first time that Taiwan has ranked in the top 10. And in the IMD Yearbook's category of "total R&D personnel per capita," Taiwan was ranked first in the world. These rankings show once again that the world recognizes and respects Taiwan's R&D capabilities. Though the pandemic has tested us, we see it as an opportunity for Taiwan to innovate and transform itself. Today's opening highlights the foundation we have built with our 5+2 innovative industries plan, as well as the results of technological research under our Six Core Strategic Industries policy. We hope this expo will spur more people to help Taiwan continue to improve its R&D capabilities and make great strides in innovation. In closing, I wish everyone a successful and productive expo. Thank you.

On the morning of August 3, President Tsai Ing-wen met with leaders of the Reform for Resilience Commission's (R4R) Asia-Pacific Hub. In her remarks at the meeting, President Tsai highlighted the importance of promoting sustainable, balanced development and building a more robust social safety net as countries around the world continue to concurrently fight the pandemic and pursue economic recovery. The president expressed hope that the leaders of the R4R Asia-Pacific Hub would continue to contribute their expertise to advancing Taiwan's international cooperation and developing more resilient models for sustainable development, further aiding global disease prevention efforts. A translation of the president's remarks follows: I would like to welcome our visitors to the Presidential Office. All of you play key roles in academia or industry in Taiwan, and have long been involved in public affairs. You have also used your influence to speak up for Taiwan internationally, raising our global profile. For some time now, fighting COVID-19 has been the main focus of countries around the world, including Taiwan. I want to thank you all for your efforts to share the lessons learned in Taiwan and the Asia-Pacific region with the world to strengthen both domestic and international disease prevention efforts, while also helping to promote Taiwan's global ties. Your work concerns the crucial challenge of "resilience" in the post-pandemic era, which has also become a popular topic in the field of global governance. In fact, our national security agencies have for a long time been conducting tests on many aspects of social resilience, and have been engaged in infrastructure projects to protect against the damage that we know natural disasters and pandemics can cause to the overall structure of our society. This is why I believe it is so important that your work has allowed us to engage with the international community on this issue. Taiwan has indeed faced many challenges recently, but we have withstood them one by one, demonstrating the resilience of Taiwanese society. I have often called Taiwan an "island of resilience," and we have weathered such storms for centuries. I believe that many challenges lie ahead, but as long as we work together, we can get through them all. At this stage of the pandemic, as countries around the world maintain disease prevention efforts and pursue economic recovery, we are all also thinking about how to promote sustainable, balanced development and build a more robust social safety net. I hope that Taiwan will have even more opportunities to share our experiences in this area with other nations. I also want to take this opportunity to congratulate former Vice President Chen Chien-jen, who was named by Pope Francis as a member of the Pontifical Academy of Sciences. Your appointment let the whole world see Taiwan's academic achievements, and I believe it was an affirmation of Taiwan's democratic system in light of your past service as our vice president. To close, I would like to once again thank all the experts and scholars here today for everything you have done for Taiwan. I hope you will continue to contribute your expertise to strengthening Taiwan's international cooperation and developing more resilient models for sustainable development, further aiding global disease prevention efforts. Also in attendance at the meeting were R4R Commissioners former Vice President Chen Chien-jen and Acer founder Stan Shih (施振榮), as well as Prof. Chang-Chuan Chan (詹長權), Prof. Syaru Shirley Lin (林夏如), John Tzuchiang Li (李自強), and Prof. Chou Kuei-tien (周桂田), who serve, respectively, as Advisory Board Chair, Chair and Convenor, Executive Director, and research partner of the R4R Asia-Pacific Hub.

President Tsai Ing-wen attended a press conference announcing investment from Microsoft in Taiwan on the afternoon of October 26. In remarks, she commended their increased investment, and said that Microsoft will be an excellent partner for Taiwan, allowing us to make an international impact together, which is a powerful and crucial aspect of expanding Taiwan-US collaboration. Microsoft's latest Taiwan investment plan will give the Taiwan-US partnership a jolt of added vitality across the board, and will certainly be to the benefit of both sides. A translation of President Tsai's remarks follows: I am delighted to join you here today to witness this momentous occasion as Microsoft increases its investment in Taiwan. First, I would like to thank Microsoft for its long-standing optimistic approach to Taiwan, and its willingness to invest resources and make long-term commitments to Taiwan as an important partner. During my first term of office when we promoted our 5+2 innovative industries plan, Microsoft led the way in responding to our Asia Silicon Valley Development Plan by announcing the establishment of an IoT Innovation Center. Microsoft then continued to expand its investments in Taiwan. In 2018, the company set up Asia’s first artificial intelligence R&D center in Taiwan, and announced another major increase in investment this year. The current pandemic has led to massive changes in the global economy, and sped up the reorganization of global supply chains. This critical moment is the best time to deepen Taiwan-US cooperation. Taiwan holds a key advantage in high-end hardware manufacturing, and is a reliable and secure partner to the US, and other technologically-advanced countries, in information security and intellectual property rights protection. The US is the global leader in high-tech development. By combining Taiwan and the US’s respective strengths and enhancing our cooperation in supply chain realignment, those nations can make great leaps in technological advancement and an immense positive economic impact. Microsoft’s increased investment in Taiwan is a powerful and crucial aspect of expanding Taiwan's global collaboration, especially with the US, as Microsoft is a global leader in so many different technological fields. I am certain that Microsoft will be an excellent partner for us, working with Taiwan to make an international impact. Taiwan and the US are committed partners in developing global markets. Together we can create a global sales network, enter and establish ourselves in the Indo-Pacific region, build brand new supply chains, and develop vast new business opportunities. This latest Taiwan investment plan Microsoft is announcing today will play a key role in strengthening Taiwan-US cooperation. What is more, it is an important milestone in our joint efforts to build a "digital Taiwan." Microsoft's plans for Taiwan include the establishment of its first regional cloud data center as well as the expansion of its cloud hardware team. These investments can effectively drive the development of Taiwan's cloud industry, boost innovative momentum in our industries, and ensure that the world is aware of Taiwan's formidable R&D capabilities. On the industrial front, further enhancing 5G, AI, and AIoT industrial applications can spur digital transformation in medicine, the financial sector, and smart government. Beyond that, it can also drive robust development for enterprises throughout our economy. And finally, I would like to thank Microsoft for its exciting plans over the next several years to cultivate 200,000 digital professionals in Taiwan, provide more than 30,000 job opportunities, and generate more than NT$300 billion worth of industrial output. I firmly believe that this latest Taiwan investment plan of Microsoft's will give Taiwan-US cooperation a jolt of added vitality across the board, and will certainly be to the benefit of both all involved. President Tsai then joined the guests present in the launch ceremony. Among those on hand for the ceremony were American Institute in Taiwan Deputy Director Raymond Greene and Microsoft General Manager Ken Sun.  

On the morning of September 24, President Tsai Ing-wen met with directors and supervisors from SEMI and the Taiwan Semiconductor Industry Association (TSIA), as well as other top executives of semiconductor enterprises from home and abroad. The president emphasized that SEMICON Taiwan being held as usual this year despite the pandemic highlights not only Taiwan's achievements in controlling the spread of COVID-19, but also the resilience of our semiconductor sector. She expressed hope that through the concerted efforts of our government and private sectors, the industry will continue to boost competitiveness, and remain a global leader. A translation of President Tsai's remarks follows: I attended the SEMICON Taiwan Leadership Gala Dinner with many of you yesterday, and I am delighted to host you today here at the Presidential Office so we can communicate further. Every year in September, the SEMICON Taiwan international semiconductor exhibition is a major event that receives a lot of attention in Taiwan, as well as global semiconductor industry circles. This year, as we face the challenges of a global pandemic, everyone either holding or participating in this exhibition is putting in a lot of extra effort. To serve international firms that could not come to Taiwan, this year there is a completely new, hybrid physical-virtual exhibit platform to help visitors from around the world overcome travel limitations and access the latest market information. Everyone has worked so hard to overcome existing obstacles for one purpose: to increase the competitiveness and impact of Taiwan's semiconductor industry. Last Tuesday, under the leadership of SEMI Taiwan President Terry Tsao (曹世綸), SEMI announced the establishment of a high-tech innovation and entrepreneurship platform. During the current SEMICON Taiwan exhibition, SEMI also held a semiconductor matchmaking event to support startup enterprises and help Taiwan enter global markets. Beginning last month, TSIA Chairman Mark Liu (劉德音) also began his term as this year's global chairman of the World Semiconductor Council (WSC). This year, TSIA also held the WSC annual meeting for the third time, with Chairman Liu taking on great responsibilities, which I am sure will strengthen the Taiwan semiconductor industry's international connections. I would like to take this opportunity to offer a special thanks to SEMI and TSIA for their contributions, and to all of you for your tremendous efforts to spur overall industry development. Taiwan's semiconductor industry is a key force in global supply chains. We see semiconductors as a critical strategic industry, and will actively assist industry players to resolve difficult problems to continue consolidating domestic semiconductor industry advantages, and even more importantly, accelerating transformation and development. In my 2020 inauguration speech, I mentioned that our Six Core Strategic Industries include many semiconductor-related industries, which are key industries for our next generation of industrial development and a top priority. We are addressing the talent issue that everyone is concerned about. Our Executive Yuan, through cooperation among government agencies including the National Development Council, Ministry of Economic Affairs, and Ministry of Education, has recently discussed various ways to meet industry needs, including setting up an advanced semiconductor education program, and increasing the number of faculty and students in related academic departments. So wherever you want to go, we will be able to send talent there. We are also continuing to implement our plan to make Taiwan an advanced manufacturing center for semiconductors. Focal points for future development include the localization of material supplies, boosting technological autonomy, the localization of foreign equipment manufacturing, and increasing domestic production of advanced packaging equipment. We will implement these initiatives one-by-one to give Taiwan's semiconductor industry more potent technological capabilities and more complete industry supply chains, enhancing our key position in global supply chains. This year marks the 50th anniversary of the founding of SEMI, and its half-century of history makes this an especially significant year. The fact that SEMICON Taiwan was held as usual this year amidst a pandemic highlights not only Taiwan's achievements in controlling the spread of COVID-19, but also the resilience of our semiconductor sector. Through this exhibition, Taiwan's semiconductor industry provides access to the latest industry trends and market opportunities, promoting international cooperation and exchanges while accelerating the global economic recovery. This is the impact of Taiwan's semiconductor industry. In the future, I hope that through the concerted efforts of our government and private sectors, the industry will continue to boost competitiveness, and remain a leader in the global semiconductor industry. Also attending the meeting were TSIA Chairman Mark Liu, ASE Technology Holding Company Director and Chief Operating Officer Tien Wu (吳田玉), SEMI Taiwan President Terry Tsao, and Etron Technology Chairman & CEO Nicky Lu (盧超群).

On the morning of February 14, President Lai Ching-te convened the first high-level national security meeting of the year, following which he held a press conference. In remarks, President Lai announced that in this new year, the government will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. He stated that the government will also continue to reform national defense, reform our legal framework for national security, and advance our economic and trade strategy of being rooted in Taiwan while expanding globally. The president also proposed clear-cut national strategies for Taiwan-US relations, semiconductor industry development, and cross-strait relations. President Lai indicated that he instructed the national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches outlined. He also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. He expressed hope that as long as citizens remain steadfast in their convictions, are willing to work hand in hand, stand firm amidst uncertainty, and look for ways to win within changing circumstances, Taiwan is certain to prevail in the test of time yet again. A translation of President Lai’s remarks follows: First, I would like to convey my condolences for the tragic incident which occurred at the Shin Kong Mitsukoshi department store in Taichung, which resulted in numerous casualties. I have instructed Premier Cho Jung-tai (卓榮泰) to lead the relevant central government agencies in assisting Taichung’s municipal government with actively resolving various issues regarding the incident. It is my hope that these issues can be resolved efficiently. Earlier today, I convened this year’s first high-level national security meeting. I will now report on the discussions from the meeting to all citizens. 2025 is a year full of challenges, but also a year full of hope. In today’s global landscape, the democratic world faces common threats posed by the convergence of authoritarian regimes, while dumping and unfair competition from China undermine the global economic order. A new United States administration was formed at the beginning of the year, adopting all-new strategies and policies to address challenges both domestic and from overseas. Every nation worldwide, including ours, is facing a new phase of changes and challenges. In face of such changes, ensuring national security, ensuring Taiwan’s indispensability in global supply chains, and ensuring that our nation continues to make progress amidst challenges are our top priorities this year. They are also why we convened a high-level national security meeting today. At the meeting, the national security team, the administrative team led by Premier Cho, and I held an in-depth discussion based on the overall state of affairs at home and abroad and the strategies the teams had prepared in response. We summed up the following points as an overall strategy for the next stage of advancing national security and development. First, for overall national security, so that we can ensure the freedom, democracy, and human rights of the Taiwanese people, as well as the progress and development of the nation as we face various threats from authoritarian regimes, Taiwan must resolutely safeguard national sovereignty, strengthen self-sufficiency in national defense, and consolidate national defense. Taiwan must enhance economic resilience, maintain economic autonomy, and stand firm with other democracies as we deepen our strategic partnerships with like-minded countries. As I have said, “As authoritarianism consolidates, democratic nations must come closer in solidarity!” And so, in this new year, we will focus on the following three priorities: First, to demonstrate our resolve for national defense, we will continue to reform national defense, implement whole-of-society defense resilience, and prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. Second, to counter the threats to our national security from China’s united front tactics, attempts at infiltration, and cognitive warfare, we will continue with the reform of our legal framework for national security and expand the national security framework to boost societal resilience and foster unity within. Third, to seize opportunities in the restructuring of global supply chains and realignment of the economic order, we will continue advancing our economic and trade strategy of being rooted in Taiwan while expanding globally, strengthening protections for high-tech, and collaborating with our friends and allies to build supply chains for global democracies. Everyone shares concern regarding Taiwan-US relations, semiconductor industry development, and cross-strait relations. For these issues, I am proposing clear-cut national strategies. First, I will touch on Taiwan-US relations. Taiwan and the US have shared ideals and values, and are staunch partners within the democratic, free community. We are very grateful to President Donald Trump’s administration for their continued support for Taiwan after taking office. We are especially grateful for the US and Japan’s joint leaders’ statement reiterating “the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community,” as well as their high level of concern regarding China’s threat to regional security. In fact, the Democratic Progressive Party government has worked very closely with President Trump ever since his first term in office, and has remained an international partner. The procurement of numerous key advanced arms, freedom of navigation critical for security and stability in the Taiwan Strait, and many assisted breakthroughs in international diplomacy were made possible during this time. Positioned in the first island chain and on the democratic world’s frontline countering authoritarianism, Taiwan is willing and will continue to work with the US at all levels as we pursue regional stability and prosperity, helping realize our vision of a free and open Indo-Pacific. Although changes in policy may occur these next few years, the mutual trust and close cooperation between Taiwan and Washington will steadfastly endure. On that, our citizens can rest assured. In accordance with the Taiwan Relations Act and the Six Assurances, the US announced a total of 48 military sales to Taiwan over the past eight years amounting to US$26.265 billion. During President Trump’s first term, 22 sales were announced totaling US$18.763 billion. This greatly supported Taiwan’s defensive capabilities. On the foundation of our close cooperation with the past eight years’ two US administrations, Taiwan will continue to demonstrate our determination for self-defense, accelerate the bolstering of our national defense, and keep enhancing the depth and breadth of Taiwan-US security cooperation, along with all manner of institutional cooperation. In terms of bilateral economic cooperation, Taiwan has always been one of the US’s most reliable trade partners, as well as one of the most important cooperative partners of US companies in the global semiconductor industry. In the past few years, Taiwan has greatly increased both direct and indirect investment in the US. By 2024, investment surpassed US$100 billion, creating nearly 400,000 job opportunities. In 2023 and 2024, investment in the US accounted for over 40 percent of Taiwan’s overall foreign investment, far surpassing our investment in China. In fact, in 2023 and 2024, Taiwanese investment in China fell to 11 percent and 8 percent, respectively. The US is now Taiwan’s biggest investment target. Our government is now launching relevant plans in accordance with national development needs and the need to establish secure supply systems, and the Executive Yuan is taking comprehensive inventory of opportunities for Taiwan-US economic and trade cooperation. Moving forward, close bilateral cooperation will allow us to expand US investment and procurement, facilitating balanced trade. Our government will also strengthen guidance and support for Taiwanese enterprises on increasing US investment, and promote the global expansion and growth of Taiwan’s industries. We will also boost Taiwan-US cooperation in tech development and manufacturing for AI and advanced semiconductors, and work together to maintain order in the semiconductor market, shaping a new era for our strategic economic partnership. Second, the development of our semiconductor industry. I want to emphasize that Taiwan, as one of the world’s most capable semiconductor manufacturing nations, is both willing and able to address new situations. With respect to President Trump’s concerns about our semiconductor industry, the government will act prudently, strengthen communications between Taiwan and the US, and promote greater mutual understanding. We will pay attention to the challenges arising from the situation and assist businesses in navigating them. In addition, we will introduce an initiative on semiconductor supply chain partnerships for global democracies. We are willing to collaborate with the US and our other democratic partners to develop more resilient and diversified semiconductor supply chains. Leveraging our strengths in cutting-edge semiconductors, we will form a global alliance for the AI chip industry and establish democratic supply chains for industries connected to high-end chips. Through international cooperation, we will open up an entirely new era of growth in the semiconductor industry. As we face the various new policies of the Trump administration, we will continue to uphold a spirit of mutual benefit, and we will continue to communicate and negotiate closely with the US government. This will help the new administration’s team to better understand how Taiwan is an indispensable partner in the process of rebuilding American manufacturing and consolidating its leadership in high-tech, and that Taiwan-US cooperation will benefit us both. Third, cross-strait relations. Regarding the regional and cross-strait situation, Taiwan-US relations, US-China relations, and interactions among Taiwan, the US, and China are a focus of global attention. As a member of the international democratic community and a responsible member of the region, Taiwan hopes to see Taiwan-US relations continue to strengthen and, alongside US-China relations, form a virtuous cycle rather than a zero-sum game where one side’s gain is another side’s loss. In facing China, Taiwan will always be a responsible actor. We will neither yield nor provoke. We will remain resilient and composed, maintaining our consistent position on cross-strait relations: Our determination to safeguard our national sovereignty and protect our free and democratic way of life remains unchanged. Our efforts to maintain peace and stability in the Taiwan Strait, as well as our willingness to work alongside China in the pursuit of peace and mutual prosperity across the strait, remain unchanged. Our commitment to promoting healthy and orderly exchanges across the strait, choosing dialogue over confrontation, and advancing well-being for the peoples on both sides of the strait, under the principles of parity and dignity, remains unchanged. Regarding the matters I reported to the public today, I have instructed our national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches I just outlined. I have also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. My fellow citizens, over the past several years, Taiwan has weathered a global pandemic and faced global challenges, both political and economic, arising from the US-China trade war and Russia’s invasion of Ukraine. Through it all, Taiwan has persevered; we have continued to develop our economy, bolster our national strength, and raise our international profile while garnering more support – all unprecedented achievements. This is all because Taiwan’s fate has never been decided by the external environment, but by the unity of the Taiwanese people and the resolve to never give up. A one-of-a-kind global situation is creating new strategic opportunities for our one-of-a-kind Taiwanese people, bringing new hope. Taiwan’s foundation is solid; its strength is great. So as long as everyone remains steadfast in their convictions, is willing to work hand in hand, stands firm amidst uncertainty, and looks for ways to win within changing circumstances, Taiwan is certain to prevail in the test of our time yet again, for I am confident that there are no difficulties that Taiwan cannot overcome. Thank you.