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ATCOC Annual Assembly in Taichung. President Tsai: Taiwan is Excellent Economically Growing Base For Global Strategy

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The 25th Asia Taiwanese Chambers of Commerce in Taichung today (16) is joined by President Tsai and Mayor Lin Chia-lung, with nearly 900 Taiwanese companies from 16 Asian countries. Taiwan has the excellent location to live global business development. The rising economic status in Taiwan makes the environment still profitable for investment, says President Tsai. Mayor Lin indicated that Taichung is best supporter to Taiwan overseas business, as well as the perfect base for New Southbound Policy. As the mayor of the city, Lin welcomes the industry to station in.

The 25th Asia Taiwanese Chambers of Commerce in Taichung today (16) is joined by President Tsai and Mayor Lin Chia-lung for the opening ceremony. Vice President of the Legislative Yuan Tsai Qi-chang, Minister of Economic Affairs Shen Rong-jin, Overseas Community Affairs Council Chairman Wu Xin-xing, Director Song Zi-zheng of Ministry Of Foreign Affairs Central Office, WTCC Chairman Lin Gui-xiang, and ATCOC Chairman Jiang Wen-zhou also attended the event. Nearly 900 Asian Taiwan Oversea company delegates arrived from 16 countries gathered as directors, supervisors, managers of each continent’s commerce association.

Tsai indicated that the strong and large scale of Taiwanese business overseas and our coherence are Taiwan’s most valuable asset. Last year at same venue when she said that the government would take care of Taiwan and make Taiwan rise again. An year later, not only Taiwan is better in economics, the recovery and growing economics has exceeded expectation. Many indexes including MSCI are hitting positive records. Outbound shipment hits historic high point. More than 300 billion USD exportation recorded at 2nd position. The proved steady growth of Taiwan economics is of high potential.

In the past year, not only innovation and structure transformation of the industry, but also the relaxation of outdated regulations, such as revised Company Law to match the tense of regulation to the current company needs; for the 5 shortages dedicated forces across relevant departments are put into practice to encourage Taiwan business overseas to return to Taiwan for investment. The critical breakthrough of upgrade and transformation of Taiwan industry: Machine industry output value at 11 billion, Taiwan’s third industry of which the output reaches 10 billion. Tsai gave a preview of another 10 billion industry being IoT.

Tsai made emphasis of the changes from old government’s “industry upgrade” and “industry transformation”. In the past two years the government has been supporting Taiwan business and the economy has been restored and is currently up-climbing. It is never too late to invest in Taiwan as the country is best base for global deployment.

In addition, Tsai encourages the participants to visit Taichung for the actual achievement Taichung has done over these three years.

Mayor Lin appreciated that the city is chosen as the venue for the third time of the event, with more participants year by year. City Government will host and provide the industry with every possible support, “Make Taichung your home”; being the second largest city in Taiwan, Taichung enhances its exhibition function and conference accommodation, aiming for the goal of industry development & promotion core. The organization’s holding conference and shows shall benefit from the progress.

The upgraded Taichung International Airport has planned to best support flights directly from and to China, make sure that the city is strong support for Taiwan business overseas and the perfect base for new southbound policy. As the patron, Lin gave best regards to the success of the event.

After the opening ceremony, Mayor Lin made speech over economy and the upcoming Flora Expo, declared the industry investment result, proper environment for industry development and essential infrastructure, and the links to global stage through Taiwan business overseas.

Taichung, the 2nd largest city of Taiwan, is nesting an equipped environment, from smart machine, to Shuinan Smart City and exhibition center, to better accommodate global enterprises’ stationing in, says EDB. Upon the completion of Shuinan Int’l Convention & Exhibition Center the service shall extensively functionalize the city over industry development and promotion.

The city not only undergoes several major investment projects, industrial parks, and has sound transportation network, this year with the opening of Flora Expo, the event is best showcasing company brand marketing and the technology to present local specialty. Participants are invited to join the event for maximization of economic effect and link towards the world with investment project and the Expo.

Moreover, the evening dinner last night after the annual meeting of Asia Taiwanese Chambers Of Commerce was joined by City Mayor, Deputy Mayor and city team, Overseas Community Affairs Council Chairman Wu Xin-xing, Zhanghua County Mayor Wei Ming-gu, Secretary-General Hung Rui-zhi of Nantou County, Miaoli County advisory officer Li Zheng-feng, WTCC Chairman Lin Gui-xiang and experts from the industries, government and academic institutions have gathered on the dinner. As per Mayor Lin, the “nesting” and “New Southbound Policy” have started and are now harvesting. To enhance connectivity between local enterprises and Taiwan business overseas as partners, bring the industry to the world and the bright future of New Southbound Policy.

  • Data update: 2019-07-01
  • Publish Date: 2018-07-17
  • Source: Information Bureau of Taichung City Government
  • Hit Count: 281
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