2025-06-25
President Lai Ching-Te led a delegation, including Presidential Secretary-General Pan Men-An, Presidential Office Spokesperson Kuo Ya-Hui, Executive Yuan Secretary-General Kung Ming-Hsin, Minister of Economic Affairs Ku Jyh-Huei, and the administrative team, on an "Industrial Listening Tour" at New Taipei Industrial Park on May 2. The delegation engaged in in-depth exchanges with important representatives from the region's electronics, textile, medical equipment, HVAC, and defense industries.
On April 3, U.S. President Donald Trump announced that he would impose a 32% reciprocal tariff on Taiwan. President Lai immediately convened industry representatives to his official residence on April 5 to listen to their concerns and officially announced the government's response measures to the public on the afternoon of April 6, which specifically demonstrated the government's determination to overcome difficulties with the industry. In the face of US tariff policy, the government has launched the first round of negotiations and continues to negotiate based on the three principles of ensuring national interests, maintaining Taiwan's industrial development space, and protecting Taiwan's industrial ecosystem.
To respond to industry concerns, President Lai and Premier Cho have conducted nearly 20 listening tours. The Executive Yuan has approved a special bill allocating NT$410 billion, including NT$93 billion to support impacted industries and NT$100 billion to subsidize Taiwan Power Company for stable electricity supply, easing operational burdens on business.
At the forum, New Taipei Mayor Hou Yu-Ih and Legislators Su Chiao-Hui, Wu Ping-Jui, Lin Shu-Fen, Lee Kuen-Cheng and Hung Mong-Kai attended to show their support for local industries. Industry representatives raised concerns such as ensuring a stable electricity supply, promoting the integration of SMEs into the semiconductor supply chain, shortening medical device review processes, and implementing ESCO energy-saving technologies for net-zero transformation. President Lai responded that deep energy-saving through ESCOs not only improves energy efficiency but also qualifies for tax credits of equipment investment. Minister Kuo noted that the ministry has budgeted for deep energy-saving projects that offer financial incentives based on actual savings, potentially reducing business power costs by 8-12%. Secretary-General Kung added that the government's A+ Program encourages innovative R&D and allows companies to hire full-time professionals to support their projects.
President Lai pointed out that according to the International Monetary Fund (IMF) forecast, amid the turbulent international economic situation, the economic growth rate of most countries has declined, but Taiwan has increased its forecast from 2.7% to 2.9%, demonstrating the international community's high recognition of Taiwan's economic prospects and the high resilience of Taiwan's industries. He highlighted that Taiwan has consistently grown stronger through adversity --this is the spirit of Taiwan and the hallmark of its industries.
In conclusion, the President reaffirmed that the government will adhere to the principle of "Speed and order in balance" to advance negotiations in the face of Trump's tariff policy. It should not only focus on speed but also ensure the overall interests of the country and promote the three major industrial strategies for the future development of Taiwan's industries, including:
1. Foresight and sustainability through smart innovation;
2. Competing in space and exploring the oceans;
3. Rooted in Taiwan, expanding globally, strengthening ties with the U.S., and promoting Taiwan to the world.
The government is committed to driving industrial AI adoption, advancing marine industry development, transitioning to diverse green energy sources reinforcing power system resilience, and pursuing regional economic integration through bilateral investment agreements with democratic partners. With the enduring spirit of Taiwan, we are fully capable of building a resilient economy and achieving a new economic miracle together.
Spokesman: Mr. Liu Chi-Chuan (Deputy Director General, BIP)
Contact Number: 886-7-3613349, 0911363680
Email: lcc12@bip.gov.tw
Contact Person: Liang, You-Wen (Director of Taipei Branch, BIP)
Contact Number: 886-2-2655-8527, 0963163008
Email: yuwen818@bip.gov.tw
Source： Bureau of Industrial Parks, MOEA
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