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CIECA Attended the 113th Annual Spring Festival Gathering of Industrial and Commercial Groups

2024/2/27

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CIECA attended the 113th Annual Spring Festival Gathering of Industrial and Commercial Groups on February 27, 2024. This Spring Festival Gathering was jointly organized by eight major industrial and commercial groups. Due to the disruption of the gathering by COVID-19 pandemic, it was resumed after a four-year hiatus. President Tsai Ing-Wen, many political dignitaries and business representatives were invited, and the seats were fully packed. During the event, Mr. Thomas T. L. Wu, Chairman of CNAIC, appreciated the government for its various epidemic prevention measures and ensuing appropriate economic revitalization policies to have made Taiwan's economy continue to grow in the past four years. On behalf of the business community, Chairman Wu also put forward “four expectations”: Firstly, he hopes that Taiwan will become a world-class AI center by leveraging its semiconductor advantages. Secondly, with the sustainable trend of promoting global net-zero carbon emissions, we hope that Taiwan can develop a new green economy. Thirdly, we hope the government to promote a financial system reform, making Taiwan an asset management center in Asia. Finally, under the wave of supply chain restructuring, we hope that the government will plan more for-ward-looking industrial policies, ac-tively maintain stability in the Tai-wan Strait, promote the resumption of practical exchanges and dialogues between Taiwan and China, continue to participate in international organizations, and promote the negotiation and signing of trade, taxation, and other agreements with various trading partners. In her speech, President Tsai Ing-Wen first thanked the senior industrialists for providing many valuable suggestions in the communication process of policymaking over the past eight years. President Tsai mentioned that net-zero transformation and AI development are the focus of future development; the government will take a multipronged approach, through developing core technologies and cultivating talents, to fulfill the objectives. “In addition to helping companies seize the business opportunities for AI development, the upcoming new government will also continue to promote the development of green energy,” said the President. In response to Chairman Wu's expectations, President Tsai said that she would make a list of them as a handover matter to the new government and do her best to have the government transferring run smoothly. She believed that the business community and the government would work side by side to reach another peak of Taiwan's economy.

A group photo for President Tsai Ing-Wen (left 5) and the leaders of eight major industrial and commercial groups.

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