The government will continue promoting the "two-trillion, two-star" project initiated by former premier Yu Shyi-kun, Premier Frank Hsieh (
Hsieh made the remarks while answering questions from Democratic Progressive Party (DPP) Legislator Kao Chih-peng (
According to Hsieh, the government has opened a special office to take charge of technology, personnel, funds and incentives related to the program.
The "two-trillion, two-star" project aims to increase the production value of the domestic semiconductor and panel display industries to more than NT$1 trillion (US$31.6 billion) by next year and to promote the digital content and bio-tech sectors as two rising stars in Taiwan's high-tech business.
Turning to a consensus reached among the Presidential Office, the Executive Yuan and the DPP to temporarily cool off economic and trade exchanges between Taiwan and China in the wake of Beijing's March 14 enactment of the "Anti-Secession" Law, Hsieh acknowledged that a policy opening is due sooner or later after bilateral ties have stabilized.
He agreed with the viewpoint of some Taiwanese semiconductor companies that relocation to China will help them secure sustainable growth, but added that he also respects the mandate of the Presidential Office and the National Security Council in the fields of national defense, cross-strait relations and foreign affairs.
Fielding questions from People First Party (PFP) Legislator Mei Chang-chi (
The country's competitiveness has not been challenged by China at the present stage, she claimed.
A magnitude 6.1 earthquake struck off the coast of Yilan County at 8:39pm tonight, the Central Weather Administration (CWA) said, with no immediate reports of damage or injuries. The epicenter was 38.7km east-northeast of Yilan County Hall at a focal depth of 98.3km, the CWA’s Seismological Center said. The quake’s maximum intensity, which gauges the actual physical effect of a seismic event, was a level 4 on Taiwan’s 7-tier intensity scale, the center said. That intensity level was recorded in Yilan County’s Nanao Township (南澳), Hsinchu County’s Guansi Township (關西), Nantou County’s Hehuanshan (合歡山) and Hualien County’s Yanliao (鹽寮). An intensity of 3 was
Instead of focusing solely on the threat of a full-scale military invasion, the US and its allies must prepare for a potential Chinese “quarantine” of Taiwan enforced through customs inspections, Stanford University Hoover fellow Eyck Freymann said in a Foreign Affairs article published on Wednesday. China could use various “gray zone” tactics in “reconfiguring the regional and ultimately the global economic order without a war,” said Freymann, who is also a nonresident research fellow at the US Naval War College. China might seize control of Taiwan’s links to the outside world by requiring all flights and ships entering or leaving Taiwan
The next minimum wage hike is expected to exceed NT$30,000, President William Lai (賴清德) said yesterday during an award ceremony honoring “model workers,” including migrant workers, at the Presidential Office ahead of Workers’ Day today. Lai said he wished to thank the awardees on behalf of the nation and extend his most sincere respect for their hard work, on which Taiwan’s prosperity has been built. Lai specifically thanked 10 migrant workers selected for the award, saying that although they left their home countries to further their own goals, their efforts have benefited Taiwan as well. The nation’s industrial sector and small businesses lay
Taiwan's first indigenous defense submarine, the SS-711 Hai Kun (海鯤, or Narwhal), departed for its 13th sea trial at 7am today, marking its seventh submerged test, with delivery to the navy scheduled for July. The outing also marked its first sea deployment since President William Lai (賴清德) boarded the submarine for an inspection on March 19, drawing a crowd of military enthusiasts who gathered to show support. The submarine this morning departed port accompanied by CSBC Corp’s Endeavor Manta (奮進魔鬼魚號) uncrewed surface vessel and a navy M109 assault boat. Amid public interest in key milestones such as torpedo-launching operations and overnight submerged trials,
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