Fri, May 19, 2017 - Page 3 News List

INTERVIEW: President Tsai facing the nation’s problems head on

Tomorrow marks the first anniversary of President Tsai Ing-wen taking office. In an exclusive interview with ‘Liberty Times’ (sister newspaper of the ‘Taipei Times’) staff reporter Tzou Jiing-wen on May 14, Tsai reflected on initiating reforms in the first year of her administration and set objectives for the coming year: moving forward with construction and striving for effective policy implementation

We are moving full speed on structural economic reforms to improve the health of the economy, augment the competitiveness of our industries and inject momentum for growth.

Our push of the “five plus two” innovative industries [development of an “Asian Silicon Valley,” “intelligent” machinery, “green” energy, biomedicine and national defense, as well as a new agricultural business model and a circular economy] is meant to trigger comprehensive upgrades to the nation’s industries and gather energy for innovation. These projects are ready and being activated with the deregulation of relevant laws — the results will emerge soon.

Another fundamental obstacle to Taiwan’s economic development is not having enough long-term investment and infrastructure. As the economy improves, we should take advantage of this opportunity to the fullest by facilitating private investment.

To address inadequate long-term investment and infrastructure, we must plan for the long term and for the whole economy. This is the reason behind our push for the Forward-looking Infrastructure Development Program at this point. Our goal is to invest in the nation’s future and make a competitive, resilient and dynamic Taiwanese economy.

Translated by staff writers Jonathan Chin and Jake Chung

This is the first of a two-part interview. Part II will be published tomorrow.

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