Office of the President Republic of China(Taiwan)

On the afternoon of October 10, President Lai Ching-te met with Saint Lucia Governor-General Errol Charles and his wife. In remarks, President Lai thanked Saint Lucia for speaking up for Taiwan at various international fora and for its staunch support of Taiwan over the years. The president stated that faced with the convergence and expansion of authoritarianism around the world, our two nations stand together in the democratic community and share such universal values as freedom, democracy, and respect for human rights. He expressed hope that Taiwan and Saint Lucia will continue to expand and diversify cooperation in pursuit of mutual development and prosperity, further contributing to regional prosperity and advancement. A translation of President Lai’s remarks follows: It is a pleasure to meet with Governor-General and First Lady Charles on our National Day. On behalf of the people of Taiwan, I extend my sincerest welcome to you. This is Governor-General Charles’s first visit to Taiwan. His presence not only demonstrates the deep friendship between our nations but also injects new momentum into our common pursuit of a better future. I believe that this trip will provide Governor-General Charles with a more comprehensive understanding of Taiwan and do much to enhance our diplomatic ties. Governor-General Charles has abundant experience in human resources management and places great emphasis on youth empowerment and national education policies. Over many years, Taiwan has provided many types of scholarships for Saint Lucians. To date more than 200 Saint Lucian students have studied in Taiwan, and 44 more scholarship recipients have arrived this year. I hope that after completing their studies and returning home, these students can become an important force to spur progress in Saint Lucia. Young people are the hope of a nation; and an investment in youth is an investment in a nation’s future. That is why, this year, we launched the Taiwan Global Pathfinders Initiative and its Diplomatic Allies Inbound Track Program. As a result, three young Taiwanese are currently serving internships in Saint Lucian government agencies, and five young Saint Lucians are pursuing their dreams here in Taiwan. We hope that internships and cultural exchanges can broaden the horizons of the next generation. The creativity and innovation inspired in them can unlock unlimited possibilities for our nations’ futures.  Faced with the convergence and expansion of authoritarianism around the world, our two nations stand together in the democratic community and share such universal values as freedom, democracy, and respect for human rights. Over the years, Saint Lucia has spoken up for Taiwan at various international fora. And at this year’s United Nations General Assembly, Saint Lucian Minister for External Affairs, International Trade, Civil Aviation, and Diaspora Affairs Alva Baptiste emphasized that UNGA Resolution 2758 did not preclude Taiwan’s inclusion and participation in the UN system. We truly appreciate Saint Lucia’s staunch support for Taiwan. I look forward to Taiwan and Saint Lucia continuing to expand and diversify cooperation in pursuit of mutual development and prosperity. This will allow us to further contribute to regional prosperity and advancement. In closing, I once again welcome Governor-General and Lady Charles as you join us for our National Day celebrations. May you experience Taiwan’s warm hospitality and have a very rewarding visit. I look forward to our diplomatic ties continuing to deepen and advance.  Governor-General Charles then delivered remarks, first conveying greetings from the government and people of Saint Lucia. He said that he cannot express in words the elation they have just experienced on seeing this beautiful island nation for the first time, and on joining the 2025 National Day Celebration of the Republic of China. Already, he noted, they are moved by the welcoming arrangements here in Taiwan. Notwithstanding the full agenda planned for their stay, he said, he looks forward to sampling firsthand the vibrant culture of Taiwan and enjoying the people’s hospitality, as well as the sights and sounds of our cities. Governor-General Charles emphasized that the dilemma of size continues to make it difficult for small countries to achieve critical mass in any international forum, if only to be heard, and that this is a constant challenge for Saint Lucia. But, he said, they are not unsettled by this prospect, because they have friends like Taiwan by their side. As the world grows more insular with every passing day, he expressed his sincere wish, in the spirit of friendship and goodwill, that Saint Lucia and Taiwan will forge a path together towards a peaceful future and a brighter horizon. Governor-General Charles once again thanked the government and people of the Republic of China (Taiwan) for continued support and assistance to the government and people of Saint Lucia. He noted that they cherish and look forward to strengthening the bonds of our mutual friendship as we each strive to secure our sovereignty and move forward on the path of continued development and prosperity. The delegation was accompanied to the Presidential Office by Saint Lucia Ambassador Robert Kennedy Lewis.

On the afternoon of October 10, President Lai Ching-te met with a delegation led by Governor-General Froyla Tzalam of Belize and her husband. In remarks, President Lai thanked the government and National Assembly of Belize for having long voiced support for Taiwan at international venues. The president stated that throughout the 36-year diplomatic partnership between Taiwan and Belize, our two nations have shared the universal values of democracy, freedom, and respect for human rights while deepening cooperation and achieving fruitful results in many areas. He expressed hope to work together to advance mutual prosperity and development and elevate our nations’ diplomatic alliance to new heights. A translation of President Lai’s remarks follows: I am delighted to welcome Governor-General Tzalam and Mr. Daniel Mendez as they lead a delegation to Taiwan for the first time, and I thank them for traveling from afar to attend our Double Ten National Day celebrations. This demonstrates the importance that the Belizean government attaches to Taiwan and underscores the profound diplomatic friendship between our two nations. Belize is an important diplomatic ally of Taiwan in Central America. Throughout our 36-year diplomatic partnership, our two nations have shared the universal values of democracy, freedom, and respect for human rights. We have also deepened cooperation and achieved fruitful results in such areas as basic infrastructure, culture and education, women’s empowerment, public health, agricultural technology, and technological innovation. Together, we have promoted the construction of San Pedro General Hospital and social housing units, improved medical and social care environments in Belize, and advanced the well-being of the Belizean people. Furthermore, to nurture talent through education, Taiwan has provided scholarships and welcomed Belizean youth to Taiwan for their studies. We have also opened vocational training courses in Belize to help cultivate professional talent and promote industrial development. This year, we launched the Taiwan Global Pathfinders Initiative, the goal of which is to strengthen exchanges between our nations’ younger generations, foster mutual understanding, and add new momentum to our bilateral ties. In terms of economic and trade collaboration, last year, Belizean exports to Taiwan multiplied by a factor of more than 3.5, and Belize became Taiwan’s fourth largest source of lobster imports. This year, at the end of July, we further opened our market to tariff-free imports of frozen whiteleg shrimp and other products. Going forward, we will also promote cooperation on smart aquaculture. This will expand industrial upgrading and employment, highlighting the results of Taiwan’s integrated diplomacy. On behalf of the people of Taiwan, I would like to take this opportunity to thank the government and National Assembly of Belize for having long voiced support for Taiwan at international venues. Belize continues to show its backing at such international venues as the United Nations and the World Health Organization. In June, the House of Representatives passed a resolution to support a democratic Taiwan and strengthen bilateral bonds. These gestures demonstrate our profound friendship and mutual trust and will always be remembered by the people of Taiwan. I firmly believe that through Governor-General Tzalam’s visit, Taiwan and Belize will deepen cooperation in even more areas so as to advance mutual prosperity and development and elevate our nations’ diplomatic alliance to new heights. Governor-General Tzalam then delivered remarks, first offering good wishes and congratulations from the people and government of Belize on the country’s 114th National Day, and expressing gratitude for the hospitality they received. She stated that Belize has been a steadfast supporter of the Republic of China (Taiwan) in its quest for self-determination and to be allowed to participate in international fora with the full rights of a sovereign state, adding that Taiwan has much to share with the world. The governor-general noted that over the past three decades of bilateral relations, we have done much as partners sharing information on how to develop our nations. She said that Taiwan has supported Belize’s national educational needs; agricultural development; micro-, small-, medium-sized enterprises; strengthening risk management, and more. She also emphasized that the need to collaborate on global challenges such as pandemics, climate change, and environmental pollution is stronger than ever. Governor-General Tzalam stated that she can see Taiwan wants to do the right thing and invest not only in its people, but other like-minded countries. In a world that is chaotic and unpredictable, she said, stable governments in both of our countries and other partners can do much to ensure that robust institutions develop resiliency to deter conflict and instability. The delegation was accompanied to the Presidential Office by Belize Ambassador Katherine Vanessa Meighan.  

On the morning of October 9, President Lai Ching-te met with participants in the 2025 Taipei Security Dialogue. In remarks, President Lai stated that in face of the challenges posed by expansion of authoritarianism and rapid technological developments, the democratic community’s solidarity and response is even more important. The president emphasized that Taiwan will continue to ensure peace through strength and boost security through cooperation, and will work together with friends and allies to advance democracy, peace, and prosperity in the Indo-Pacific. A translation of President Lai’s remarks follows: First, I want to welcome our guests, many of whom traveled from afar to attend the 2025 Taipei Security Dialogue, bringing many years of experience and knowledge in the security field. They also brought the warmth of their friendship, showing support for Taiwan through concrete action. In recent years, the global order has faced severe challenges as a result of the continued expansion of authoritarianism and rapid technological developments, testing the global democratic community’s solidarity and response. This has made the Taipei Security Dialogue all the more important. With its theme of Integrated Deterrence: Maintaining Peace through Strength in the Indo-Pacific, this year’s forum focused on such issues as the international landscape, the impact of emerging technologies, the strengthening of social resilience, and Taiwan’s strategic role. The event not only facilitated academic exchanges and policy discussions but also provided an important opportunity for like-minded countries to jointly address challenges and pursue peace. I would like to thank our distinguished guests for sharing their valuable experiences and insights, which helps deepen cooperation among democracies. I also thank former Australian Prime Minister Scott Morrison, American Conservative Union Chairman Matt Schlapp, American Defense International Chairman Van Hipp Jr., and all our guests here today, for repeatedly speaking up and voicing support for Taiwan. Standing on the frontline of authoritarian threat, Taiwan aspires to consolidate the strength of democratic partners to advance stable development throughout the Indo-Pacific. I also commend Chairman Huoh Shoou-yeh (霍守業) of the Institute for National Defense and Security Research (INDSR) and the INDSR team for organizing the Taipei Security Dialogue and for making Taiwan’s national security strategy better known in the international community. Moving forward, Taiwan will continue to strengthen its national defense capabilities, enhance whole-of-society defense and resilience, and boost our national security capabilities across the board. Defense spending, as it is defined by NATO, will exceed 3 percent of GDP next year, and is expected to reach 5 percent of GDP by 2030, demonstrating Taiwan’s firm resolve to defend itself and that it is working to fulfill its responsibility to maintain peace and stability across the Taiwan Strait. We will actively develop our asymmetric capabilities, build a smart defense combat system, promote a more competitive national defense industry, and further enhance whole-of-society resilience. These efforts aim not only to ensure that Taiwan is capable of defending the values of freedom and democracy; they will also allow us to remain a trustworthy partner in security cooperation with friends and allies as we jointly safeguard regional peace and stability. Ensuring peace through strength and boosting security through cooperation is our goal. Taiwan will continue to advance exchanges and collaboration with other countries in such fields as national security, disaster prevention and relief, and technological development. I look forward to our guests continuing to support Taiwan. Let us all work together to advance democracy, peace, and prosperity in the Indo-Pacific.  Former Prime Minister Morrison then delivered remarks, saying that they are here on this visit as friends, supporters, and advocates for Taiwan, adding that they particularly want to convey their sincere best wishes for Taiwan’s National Day. He noted that the members of the delegation come from the United States, Europe, and within the Indo-Pacific itself, including Japan and Australia. Their presence here, he underlined, shows the international community’s strong resolve and support for the case of Taiwan. The former prime minister also acknowledged President Lai’s strong leadership and resilience in seeking to advance national defense, maintain peace across the Taiwan Strait, and ensure the prosperity of Taiwan. He also expressed support and best wishes for President Lai in seeking to achieve national unity on national security and regional peace. Former Prime Minister Morrison said that their discussions at the Taipei Security Dialogue have focused on ensuring maritime security, building up missile defenses and drone defenses, and indigenous defense capabilities. He also noted the great progress Taiwan is making in these areas, and especially in building the resilience of the Taiwanese population. He reiterated that they will continue to advocate for Taiwan and explain in their respective countries that Taiwan matters, adding that it matters not only for Taiwan but for security, sovereignty, and freedom around the world. He emphasized that the international community should learn the hard lessons of Ukraine and, coming together in solidarity, apply them to avoid those outcomes here in Taiwan and maintain peace and stability in the Indo-Pacific. 

On the morning of October 8, President Lai Ching-te met with President of the Chamber of Deputies of Paraguay Raúl Luis Latorre Martínez. In remarks, President Lai thanked Paraguay for its longstanding support for Taiwan’s international participation. The president stated that Taiwan and Paraguay have a brotherly bond and are united by a shared commitment to freedom and democracy. He added that Taiwan and Paraguay have had fruitful collaboration across a wide range of areas, including education, agriculture and animal husbandry, infrastructure, women’s empowerment, healthcare, and technology. He expressed hope of working with Paraguay to meet the challenges of the new era, safeguard democracy and freedom, and contribute even more to global peace and prosperity. A translation of President Lai’s remarks follows: I would like to start by giving a warm welcome to Chamber President Latorre and the cross-party delegation of representatives he is leading to join our National Day celebrations in Taiwan. Your presence demonstrates the Paraguayan Congress’s strong support for Taiwan and further strengthens the friendship between our two countries. In 2023, I attended President Santiago Peña Palacios’s inauguration as special envoy for former President Tsai Ing-wen, during which time I had the opportunity to dine with Chamber President Latorre and Chairman Juan Manuel Añazco Vera of the Chamber of Deputies Foreign Affairs Committee, which left a deep impression on me. Last year, Chamber President Latorre also visited Taiwan to attend the inauguration of myself and Vice President Bi-khim Hsiao. I am very pleased to meet and connect with him again in Taiwan today. I want to thank Chamber President Latorre and all the distinguished guests for their longstanding support of Taiwan. Chamber President Latorre, in particular, has advocated for Taiwan at numerous international venues, and the Paraguayan Congress continues to demonstrate staunch support for Taiwan’s international participation through declarations and other measures, for which the people of Taiwan are deeply moved. Also, in this year’s General Debate at the UN General Assembly, President Peña spoke out in support of Taiwan, emphasizing that doing the right thing is priceless, and that Taiwan must have a place in that forum. On behalf of the people of Taiwan, I would like to express our sincere gratitude. In recent years, with the support of the Paraguayan government and Congress, Taiwan and Paraguay have had fruitful collaborations across a wide range of areas, including education, agriculture and animal husbandry, infrastructure, and women’s empowerment. Through our joint efforts, a Health Information System has been implemented in over 1,000 public healthcare facilities in Paraguay to improve the quality of medical services. To date, Taiwan-Paraguay Polytechnic University has trained 174 outstanding young Paraguayans, and the Taiwan-Paraguay Smart Technology Park – recently relaunched and upgraded – has drawn attention from Taiwanese companies, facilitating greater industrial collaboration between our countries. Going forward, we will continue to promote various collaborative initiatives to maximize the well-being of both our peoples. Taiwan and Paraguay have a brotherly bond and are united by the shared values of freedom and democracy. In the early 1990s, both our countries embarked on the path to democratization, ushering in a new chapter through democratic elections. Today, in the face of authoritarian expansion and a rapidly changing international landscape, I look forward to our countries working together to meet the challenges of this new era, safeguard freedom and democracy, and contribute even more to global peace and prosperity. May the friendship between our countries continue to thrive and both nations enjoy lasting prosperity. Chamber President Latorre then delivered remarks, stating that he is leading a 16-member delegation, which is the largest and most representative from Paraguay’s Chamber of Deputies to ever visit Taiwan. He emphasized that the delegation, which includes members from across the political spectrum, sends a clear message: Paraguay will always stand with Taiwan as a friend and an ally because Taiwan is committed to upholding the values of freedom, sovereignty, and democracy, which are principles on which Paraguay will never compromise. He noted that Paraguay will continue to advocate for Taiwan in international venues. Chamber President Latorre said that the friendship and partnership between Paraguay and Taiwan have grown stronger with time, and there remains great potential for further collaboration and development. He highlighted Paraguay’s leading strengths in clean energy and agriculture, noting that Paraguayan pork, now exported to Taiwan tariff-free, has become highly popular among Taiwanese consumers. He added that Paraguay is a nation full of opportunities, with advantages such as a low-tax environment, a young and dynamic population, and strong potential for development in the AI industry. He expressed confidence that future collaboration with Taiwanese industries will open new horizons for both countries. Chamber President Latorre stated that Paraguay, having endured the trials of war, deeply values peace, and it was for this reason that Paraguay was among the first to condemn China’s military incursions in the airspace and waters around Taiwan. Morally and geopolitically, he continued, Paraguay firmly stands alongside like-minded nations in defending the shared values of freedom, democracy, and sovereignty. Although Taiwan and Paraguay sit on opposite sides of the world, he said, the two have never been closer than they are today. Chamber President Latorre emphasized that all the delegation members hope to further deepen the friendship and brotherly ties between our two countries. Also present at the meeting were President of the Paraguayan Parliamentary Commission of Friendship - Republic of China (Taiwan) Rodrigo Daniel Gamarra Krayacich and his wife, members of the Chamber of Deputies of Paraguay including Carlos María Arrechea Ortiz, Marcelo Rafael Salinas González, Daniel Fernando Centurión González, Hilda María Del Rocío Vallejo Ávalos, Miguel Ángel Del Puerto Silva, Rodrigo Daniel Blanco Amarilla, Héctor Rubén Figueredo Notario, María Constancia Benítez de Benítez, Graciela Aguilera Ruiz Díaz, Alejandro Darío Aguilera Elizaur, and Sebastián Emilio Remesowski Squef. The delegation was accompanied to the Presidential Office by Paraguay Ambassador Darío Filártiga Ruiz Díaz.

On October 8, Presidential Office Spokesperson Karen Kuo (郭雅慧) announced that President Lai Ching-te, after careful consideration, has invited Lin Hsin-i (林信義), senior advisor to the president and chairman of Taiwania Capital Management Corporation, to once again act as his representative at the APEC Economic Leaders’ Meeting (AELM), which will be held in Gyeongju, Korea from October 31 to November 1, 2025. Spokesperson Kuo noted that Chairman Lin has previously attended the AELM as our leader’s representative in 2005 and 2024, giving him extensive knowledge of and expertise in APEC’s operations and discussions. This, she explained, makes him the most suitable candidate to represent President Lai at this year’s AELM. The theme for 2025 APEC, hosted by Korea, is Building a Sustainable Tomorrow, Spokesperson Kuo noted, with three major policy priorities: Connect: strengthening connectivity by facilitating trade and investment, and promoting physical, institutional, and people-to-people exchanges; Innovate: fostering digital innovation by bridging the digital divide and enhancing cooperation on Artificial Intelligence; and Prosper: achieving sustainable and inclusive growth and prosperity by addressing pressing global challenges. The two key APEC deliverables for this year, AI and response to demographic changes, align closely with President Lai’s policy direction, which includes transforming Taiwan into an AI island, a vision for a Healthy Taiwan, and efforts to promote AI chips, smart manufacturing, smart medicine, and digital governance. Spokesperson Kuo emphasized that Chairman Lin has extensive experience in industry, and in the formulation and execution aspects of national economic decision-making, as well as a deep understanding of Taiwan’s industrial development and global economic and trade situation. The spokesperson expressed confidence that Chairman Lin will be able to fully convey Taiwan’s policy vision and achievements at APEC, and thereby complete the mission assigned to him by President Lai.

President Lai Ching-te on the morning of October 10 attended the ROC’s 114th Double Tenth National Day Celebration in the plaza fronting the Presidential Office Building, and delivered an address titled “A New Taiwan Rises in a Time of Change.” A translation of the president’s address follows: National Day Celebration Chairperson Han Kuo-yu (韓國瑜), Vice President Bi-khim Hsiao, Premier Cho Jung-tai (卓榮泰), Her Excellency the Governor-General of Belize Froyla Tzalam and Mr. Daniel Mendez, His Excellency the Governor-General of St. Lucia Errol Charles and First Lady Anysia Charles, President of the Chamber of Deputies of the Republic of Paraguay Raúl Latorre, Japan-ROC Diet Members’ Consultative Council Chairman Furuya Keiji, heads of delegations from diplomatic allies and friendly nations, members of the foreign diplomatic corps in Taiwan, distinguished guests from home and abroad, and my fellow citizens here in person and watching on TV or online: Good morning. Today is the National Day of the Republic of China, and while we gather every year to celebrate the nation’s birthday, this year is an especially significant one. It is a historic year for Taiwan’s democratization. One month ago, September 10, was the historic date when the number of days Taiwan had spent free from martial law officially surpassed the number of days endured under its stifling rule. This signifies that we have parted entirely from an authoritarian regime and its shadow, and have ushered in a democratic future full of hope. We will not forget the blood and tears of those who united to defend against aggression, nor will we forget the selfless sacrifices of past generations in pursuit of democracy and freedom, granting sovereignty to the people. Those stories, which have become woven into the fabric of our land, are our collective memory. Democratic Taiwan, forged through untold hardships, is what most clearly positions the 23 million people of Taiwan, Penghu, Kinmen, and Matsu in this world. Taiwan is a beacon of democracy in Asia. For every person still living in darkness under authoritarian rule, we forever shine the light of hope. This year also saw Taiwan’s rise. Nations around the world are suffering drastic changes and challenges, and Taiwan is no exception. In addition to the Russia-Ukraine war, turmoil in the Middle East, and China’s continued military expansion, the United States’ tariff policy has delivered a blow to economies and industries alike. But the people of Taiwan are still on their feet. And not only that – this year’s economic performance greatly impressed the global community. According to the Asian Development Bank’s latest report, Taiwan’s economic growth rate this year leapt from 3.3 to 5.1 percent, leading the Four Asian Tigers and surpassing China. Taiwanese exports have continued to reach record highs, and employment is at its best in 25 years. Our stock market has also risen for six consecutive months, hitting an all-time high of 27,301 points. Taiwan’s market capitalization has topped US$3 trillion, making our stock market the world’s eighth largest, and foreign exchange reserves surpassed US$600 billion for the first time, setting a new record. In the midst of adversity, we remain undaunted. In the midst of challenges, we grow ever stronger. These are achievements that the people of Taiwan made together. Let us all celebrate them!  These impressive economic accomplishments also reflect the stellar record of Taiwan’s semiconductor, ICT, electronic component, and other leading industries. Their advantageous position in the global supply chain is the result of long-term key policies for the development of technological and manufacturing capabilities, unique business models, and government-led science parks. This is a monumental industrial achievement forged by decades of combined efforts, and it belongs to all the people of Taiwan. As president, it is my mission to protect these valuable assets and use them to boost Taiwan’s and even worldwide industrial and economic growth, helping to create even better lives for people in Taiwan and around the world. This is also the direction Taiwan is taking. Of course, we will certainly not ignore the formidable challenges in this time of global change, and the risks they pose to different industries, different fields, and groups of different backgrounds. Many of the champions, traditional industries, and micro-, small-, and medium-sized enterprises (MSMEs) leading Taiwan’s economic growth from behind the scenes are facing the pressure of the digital and net-zero transition. Many workers feel concerned and uneasy about job opportunities, salaries, commodity prices, and cost of living in the face of the AI wave. Farmers are also being impacted by an aging rural population and market liberalization. The government will not take these challenges lightly, and will not ignore the impact they have on each and every citizen. It is our responsibility to put our full effort into assisting traditional industries, MSMEs, working families, and those in the agricultural and fishing industries. Therefore, in addition to having proposed a 93-billion-NT-dollar tariff impact support plan to help enterprises, workers, and those in the agricultural and fishing industries weather this difficult time, the government will also be investing tens of billions of dollars each year to help MSMEs introduce AI into their work so they can move toward digital and net-zero upgrading and transformation and address challenges. For traditional machine tools, screws and nuts, and other industries that are facing difficulties, we will also be proposing separate countermeasures to actively help boost competitiveness and expand the market. My fellow citizens, times of change are also times of opportunity. Taiwan’s economic performance is clear for all to see, and our key position in the global supply chain can neither be challenged nor replaced. In the face of change, we must not doubt ourselves or waver, but seize opportunities with confidence and bravely follow through. We must not be complacent or turn back, but even more proactively forge ahead in the world. A Taiwan that is certain will serve as an important, reliable, and steady force for an uncertain world. Moving ahead, we will adopt three major strategies in order to ensure the Republic of China Taiwan’s competitive advantage: First, we will expand investment in Taiwan. Our Three Major Programs for Investing in Taiwan have yielded substantial results. Investment has surpassed NT$2.5 trillion, creating over 160,000 job opportunities. In July, the Executive Yuan extended the programs to 2027 while also expanding applicable industries and eligibility to include overseas Taiwanese businesses worldwide and foreign investing enterprises. The government is continuing to optimize the investment environment, adding NT$720 billion in new loans to attract investment in Taiwan and bring in an estimated NT$1.2 trillion in capital and 80,000 more job opportunities. Besides having good work, we should also have good lives. With this in mind, the government launched the Trillion NT Dollar Investment National Development Plan to encourage copious investment of private capital in public infrastructure through innovative public-private partnerships. It expands funding for construction while at the same time promoting critical infrastructure projects across counties and cities nationwide, in areas such as water, electricity, housing, education, healthcare, culture, tourism, and transportation. This will help meet local residents’ needs so they can live happy lives, and enable industries and spheres of living to develop in a complementary way so that we can achieve our goal of a balanced Taiwan. Second, we will deepen international economic and trade cooperation, and expand our global presence. This year, Taiwan and the United Kingdom, under the framework of our Enhanced Trade Partnership arrangement, additionally signed three pillar arrangements in investment, digital trade, and energy and net-zero. This marks a new milestone for Taiwan-UK economic and trade relations, showing our mutual commitment to high international trade standards and laying the foundation for cooperation in technology, advanced manufacturing, and other strategic industries. Moving ahead, Taiwan will sign bilateral economic and trade cooperation agreements with even more friends and allies while upholding the principle of mutual benefits. We will also actively engage in reciprocal tariff negotiations with the US to secure a reasonable rate, resolve the trade deficit between Taiwan and the US, and deepen industrial cooperation. This will enable Taiwan’s economic development to become more globally connected and thereby make great strides. Third, we are building a chain of “guardian mountains” to shore up Taiwan’s industrial capabilities. In this digital age, we will implement 10 new AI infrastructure initiatives. In addition to helping make Taiwan one of the world’s top five computing centers, we will also invest more vigorously in R&D in three key technological fields: quantum technology, silicon photonics, and robotics. This will facilitate the introduction of AI tools in different sectors and professions, and promote the application of AI in various fields, helping Taiwan move toward an era of comprehensive smart technology and continue to maintain its leading position in global tech development. We are also building Taiwan into a hub in Asia for asset management. This will not only help retain trillions in Taiwanese capital, but attract investment in Taiwan with international capital, promoting growth in the financial industry, creating quality job opportunities, and strengthening Taiwan. The biopharmaceutical industry is a key national industry and has thus been included in our National Project of Hope. We are also developing toward greater use of precision health in health maintenance, preventive medicine, diagnosis, treatment, and care, giving our nation durable competitiveness and advancing the well-being of our people. Next year, our National Infectious Diseases Bank will be completed, and Taiwan will continue stepping up its cooperation with other countries in the field of biotechnology. Through our program for investment in smart healthcare innovation and entrepreneurship, with its budget of NT$10 billion, we will encourage more firms to invest in innovative R&D, expand investment, and move the biomedical industry toward becoming a trillion-NT-dollar industry, which will be one more guardian mountain for our nation. My fellow citizens, Taiwan is for all the people of Taiwan. We are well aware that no matter how impressive our economic performance may be, we must not overlook anyone on this land. The fruits of our economic growth should be enjoyed by all our people. Good numbers should translate into good lives, with no one left behind. Helping our citizens stay healthy, nurturing young talent, creating an even better environment for the younger generation, and providing greater support for young families is the government’s absolute responsibility. The Healthy Taiwan Cultivation Plan, launched this year, is improving the medical environment and system overall and will ensure higher quality healthcare services for all citizens. Also this year, we officially established the Ministry of Sports, ushering in a new era of sports for all, competitive sports, and professional sports. With this new ministry, we aim to ensure that all athletes receive full national support so that they can pursue their dreams on the global stage, winning national glory. In addition, to support our young people, we are providing free tuition for high schools and vocational schools, and an NT$35,000 annual tuition subsidy for students of private junior colleges, colleges, and universities. Our Taiwan Global Pathfinders Initiative, which supports young people aged 15 to 30 in pursuing their dreams abroad, is officially underway. Moreover, for renters, the government provides NT$30 billion in annual rent subsidies. Unmarried renters with an annual income below NT$626,000, families of four with a combined annual income below NT$1.641 million, and households with three generations living together with a combined annual income below NT$2.1245 million will be exempt from individual income tax. We will also provide even greater support to the young parents in our society. In addition to promoting version 2.0 of our national childcare policy for ages 0–6, with increased childcare allowances and expanded childcare subsidies, starting next year, the government will provide an increased birth subsidy of NT$100,000 per child. Nor do our senior citizens need to worry. Next year, with the launch of Long-Term Care 3.0, the government will work hard to ensure that all seniors receive more convenient, more comprehensive care. Our goal is to ensure that all to whom the nation belongs – our children, young people, parents, and grandparents – receive better care so that they can face the future with greater confidence. This year also marks the 80th anniversary of the end of World War II. The lessons of World War II are still fresh in our memory. The ambitions of the aggressors in that conflict caused widespread devastation and loss of life. In today’s world, authoritarianism continues to expand and the international order faces severe challenges. Regional order in the Taiwan Strait, East China Sea, and South China Sea, and even the security of the entire first island chain, are under serious threat. Democratic Taiwan is a crucial link for the peace and stability of the Indo-Pacific and a responsible member of the international community. As such, Taiwan will work to uphold the status quo, ensure peace and stability across the Taiwan Strait, and promote the prosperous development of the region. We look forward to the day when China can take responsibility as a major power and cease its distortion of United Nations General Assembly Resolution 2758 and historical World War II documents. We also hope it will renounce the use of force or coercion to change the status quo across the Taiwan Strait so that we can jointly maintain the peace and stability of the Indo-Pacific. Looking back at World War II, we see that so many experienced the suffering of war and the pain of invasion. We should learn from these lessons and ensure that the tragedies of history are never repeated. The outcomes of that conflict tell us that aggression fails, unity prevails, and that peace is won through strength. I want to declare to our citizens and the international community: At the end of this year, we will be proposing a special budget for national defense. Defense spending, as it is defined by NATO, will exceed 3 percent of GDP next year, and will reach 5 percent of GDP by 2030, showing our determination to safeguard the nation. The increase in defense spending has a purpose; it is a clear necessity to counter enemy threats and a driving force for developing our defense industries. Through our new defense budget, we aim to achieve three major goals: First, we will accelerate our building of the T-Dome, establish a rigorous air defense system in Taiwan with multi-layered defense, high-level detection, and effective interception, and weave a safety net for Taiwan to protect the lives and property of citizens. Second, we will advance the integration of high-tech and AI technologies to build a smart defense combat system, maximizing effective deterrence for our asymmetric strategy. Third, we will continue to invest in innovative defense technologies and collaborate with the military industries of advanced nations to bolster our defense industry capabilities. We will strengthen our domestic supply chains through local R&D, design, and manufacturing. This will enable Taiwan to accelerate industry upgrades, enhance the resilience of our military equipment, and boost the capacity of our defense industry. In that way, Taiwan, becoming a trusted security partner for our friends and allies, can jointly avoid the red supply chain and foster trust in defense among free and democratic countries, while building a robust line of defense to safeguard the values of freedom and democracy. We are determined to maintain peace through strength. We firmly believe that strength is not obtained through military strength alone, but must also rely on resilience throughout society. Over the past year, through the efforts of the Office of the President Whole-of-Society Defense Resilience Committee, we have built up greater strength between the government and private sector, and between the central and local governments. We have integrated disaster prevention and defense to strengthen military-civilian cooperation. We have also continued to strengthen resilience in civilian training, energy, healthcare, information and communications networks, and finance, comprehensively enhancing our ability to respond to various crises. I want to emphasize that building societal defense and resilience requires every ounce of effort. Last month, we released our updated national public safety guide, which includes strategies for responding to various natural disasters and even extreme scenarios such as a military invasion. We plan to gradually ensure that each and every household has access to this safety guide, because only when all of society participates and learns to help themselves and one another can Taiwan develop greater resilience to face all kinds of challenges. My fellow citizens, over the past year, we have faced numerous challenges together, but the people of Taiwan never give up hope. Whenever a crisis arises, we always see numerous Taiwanese standing on the frontline, selflessly dedicating themselves to the nation they love. Just last month we saw two very moving scenes. The first was at the UN General Assembly held in New York, where many members of the overseas Taiwanese community raised money and launched a fundraising campaign to light up Times Square with advertisements to “Chip in with Taiwan,” promoting Taiwan’s participation, and advocating that we are “Better Together.” It touched the hearts of people around the world. The second was the tens of thousands of volunteers who, after the Fata’an Creek barrier lake disaster, slipped on their rain boots, shouldered their shovels, and traveled great distances to provide relief to help the affected residents of Hualien return to normal life as soon as possible.  These “superheroes with shovels” did more than dig out heavy mud and sludge to help disaster victims return home; these heroes also uncovered a light – a light of hope that warmed every heart it touched. More than that, they proved the remarkable resilience of the Taiwanese people and their resolve to protect our homeland in the face of crisis. Now, let us all thank these superheroes of disaster relief, who come from all walks of life and from all over the country, as well as friends from abroad and the military, police, firefighters, and central and local government personnel who devoted themselves to the relief effort. This spontaneous nationwide movement is absolutely unique in the world, and for that the world will remember: Taiwan, that small mountainous country, is truly compassionate, and truly great! Moving forward, I will continue to lead the country, hearts united, without fear of hardship or challenge, bravely, toward an even better tomorrow. Let’s keep going, Taiwan! Let’s keep going, Republic of China! Let’s keep going, Republic of China Taiwan! Thank you.