The Presidential Office yesterday defended President Ma Ying-jeou’s (馬英九) “6-3-3” economic policy, saying it was announced before the global economic downturn, that Ma had not abandoned it and that it would apply until 2016.
Presidential Office Spokesman Wang Yu-chih (王郁琦) said that the administration would strive to achieve its goals in spite of the global economic slump.
“2016 is the year by which we plan to achieve all three goals. It does not mean that we have to wait until 2016 to accomplish them all,” he said. “As long as the global economy recovers, it is possible that we can achieve some of the goals earlier.”
Wang made the remarks in response to media inquiries about Ma’s comments that his “6-3-3” campaign pledge was unlikely to be realized anytime soon, but he hoped it could be achieved by 2016 — the end of a possible two terms in office.
The “6-3-3” economic policy refers to the goal of achieving annual GDP of 6 percent, annual per capita income of US$30,000, and an unemployment rate of less than 3 percent.
During an interview with the Mexican daily Sol de Mexico on Aug. 26 — the Chinese transcript of which was released by the Presidential Office on Wednesday — Ma said it would be difficult to reach the goal of 6 percent GDP now or within the next year because of the state of the global economy.
Wang yesterday said that Ma’s remarks were intended to bring to the public’s attention the deterioration of the global economy and to advise people to brace themselves for further economic difficulty.
Amid calls for Ma to reshuffle his Cabinet and to apologize for failing to deliver on his election promises, Wang refused to comment.
“We will do our best to reach the goals,” he said.
Wang said that Ma made more than 400 campaign promises and each has its own timetable.
Using the weekend cross-strait charter flights, the increase in the number of Chinese tourists visiting Taiwan and the expansion of the “small three links,” Wang said the administration had made good on its promise to implement them in July.
The “i-Taiwan 12 construction projects,” however, were an eight-year project, he said.
It was a misunderstanding that none of Ma’s election promises could be accomplished before 2016, Wang said.
When asked whether Ma would keep the promise he made during a presidential debate that he would donate half of his salary if he failed to reach the “6-3-3” goals by the end of his first term in office, Wang said that Ma had been referring to the goal of reaching US$30,000 annual GDP per capita by 2016 rather than all of the “6-3-3” goals by 2012.
Minister Without Portfolio Chen Tian-jy (陳添枝) said yesterday that the government did not view the recent slump in the domestic stock market as a signal of an economic downturn, but that the government would keep an eye on future fluctuations in stock prices.
The government would act should the stock market continue to fall “for abnormal reasons,” Chen told a press conference following the weekly Cabinet meeting, but he did not elaborate on what measures could be taken.
He said the decline in the stock market was a result of adjustments in the international funds’ portfolios following the US subprime mortgage crisis and not a loss of confidence in the economy.
Ma’s recent remarks that it would take eight years to achieve the “6-3-3” campaign pledge was the reason behind the recent slump in prices, Chen said.
Chen said that in the economic White Paper published during the presidential campaign, Ma vowed to invest NT$3.9 trillion (US$122.46 billion) over eight years in order to create 120,000 new job opportunities a year and push the growth rate up to 6 percent.
In the white paper, Ma said that his economic proposals would raise per capita income to US$20,000 by 2011 and to US$30,000 in 2016 and would reduce the unemployment rate to below 3 percent in four years, Chen said.
When questioned by Democratic Progressive Party (DPP) legislators William Lai (賴清德) and Wong Chin-chu (翁金珠) in the legislature’s plenary session on May 30, Premier Liu Chao-shiuan (劉兆玄) said that the Cabinet would resign if it could not achieve the goals in four years.
Executive Yuan Spokeswoman Vanessa Shih (史亞平) said that the Cabinet would make every effort to implement Ma’s economic policies.
Meanwhile, DPP legislators criticized Ma, saying that he had cheated voters and should apologize for failing to deliver and reshuffle his Cabinet.
“When Ma proposed his ‘6-3-3’ policy, he did not say that it would take eight years to accomplish. As a presidential term is four years, people expected results within four years,” DPP legislator Chai Trong-rong (蔡同榮) said at a press conference.
“The people voted for Ma hoping for a better economy, but now that dream has gone. Instead Taiwan is facing economic regression and the government has no way to solve it,” DPP Department of Culture and Information Director Cheng Wen-tsang (鄭文燦) said.
Ma owes the public an apology, the DPP caucus said, adding that he should consider naming a new premier capable of delivering on his campaign promises.
Chinese Nationalist Party (KMT) legislators defended Ma.
KMT caucus Secretary-General Chang Sho-wen (張碩文) said Ma did not intend to deceive the voters with his “6-3-3” policy and urged the public to give the administration more time.
KMT Legislator Hung Hsiu-chu (洪秀柱) praised Ma’s honesty.
“He modified his promise after realizing that there was a gap between [his] ideal and the reality ... He was facing the reality honestly,” she said.
When asked for comment, KMT Legislator Fu Kun-chi (傅崑萁) expressed confidence Ma would reach his “6-3-3” goals within four to five years, saying that the increase in international crude oil prices and global inflation were expected to fall in the near future.
But KMT Legislator Ting Shou-chung (丁守中) said Ma should consider replacing Premier Liu Chao-shiuan (劉兆玄) if his goals were not reached in four years.
Nvidia Corp yesterday unveiled its new high-speed interconnect technology, NVLink Fusion, with Taiwanese application-specific IC (ASIC) designers Alchip Technologies Ltd (世芯) and MediaTek Inc (聯發科) among the first to adopt the technology to help build semi-custom artificial intelligence (AI) infrastructure for hyperscalers. Nvidia has opened its technology to outside users, as hyperscalers and cloud service providers are building their own cost-effective AI chips, or accelerators, used in AI servers by leveraging ASIC firms’ designing capabilities to reduce their dependence on Nvidia. Previously, NVLink technology was only available for Nvidia’s own AI platform. “NVLink Fusion opens Nvidia’s AI platform and rich ecosystem for
WARNING: From Jan. 1 last year to the end of last month, 89 Taiwanese have gone missing or been detained in China, the MAC said, urging people to carefully consider travel to China Lax enforcement had made virtually moot regulations banning civil servants from making unauthorized visits to China, the Control Yuan said yesterday. Several agencies allowed personnel to travel to China after they submitted explanations for the trip written using artificial intelligence or provided no reason at all, the Control Yuan said in a statement, following an investigation headed by Control Yuan member Lin Wen-cheng (林文程). The probe identified 318 civil servants who traveled to China without permission in the past 10 years, but the true number could be close to 1,000, the Control Yuan said. The public employees investigated were not engaged in national
CAUSE AND EFFECT: China’s policies prompted the US to increase its presence in the Indo-Pacific, and Beijing should consider if this outcome is in its best interests, Lai said China has been escalating its military and political pressure on Taiwan for many years, but should reflect on this strategy and think about what is really in its best interest, President William Lai (賴清德) said. Lai made the remark in a YouTube interview with Mindi World News that was broadcast on Saturday, ahead of the first anniversary of his presidential inauguration tomorrow. The US has clearly stated that China is its biggest challenge and threat, with US President Donald Trump and US Secretary of Defense Pete Hegseth repeatedly saying that the US should increase its forces in the Indo-Pacific region
ALL TOGETHER: Only by including Taiwan can the WHA fully exemplify its commitment to ‘One World for Health,’ the representative offices of eight nations in Taiwan said The representative offices in Taiwan of eight nations yesterday issued a joint statement reiterating their support for Taiwan’s meaningful engagement with the WHO and for Taipei’s participation as an observer at the World Health Assembly (WHA). The joint statement came as Taiwan has not received an invitation to this year’s WHA, which started yesterday and runs until Tuesday next week. This year’s meeting of the decisionmaking body of the WHO in Geneva, Switzerland, would be the ninth consecutive year Taiwan has been excluded. The eight offices, which reaffirmed their support for Taiwan, are the British Office Taipei, the Australian Office Taipei, the