Taiwan's President Lai Ching-te Discusses the Economy and Small and Medium-Sized Enterprises at the Kiwanis National Convention
At the Kiwanis national convention in Taichung, Lai Ching-te spoke about the economy and social stability, sending a positive signal to investors and small and medium-sized enterprises.
- Lai Ching-te said social stability is the key to continued economic progress, and noted that the stock market has recently strengthened, with the public making money in the market.
- The government will prioritise driving the economy, making small, medium and micro enterprises a focus of its support.
- The NT$100 billion fund he previously proposed is intended to help small and medium-sized enterprises with their digital and net-zero transformation and to open up international markets.
- Specific measures include loan interest subsidies, investment tax reductions and credits, and setting up a single window to assist businesses.
- The convention also honoured ten outstanding agricultural experts, with the government pledging to continue looking after farmers and to promote industrial upgrading.
Outlook: The government's approach is to keep driving the economy on a foundation of social stability and national security, while stepping up support for small and medium-sized enterprises and agriculture.