TAICHUNG (TVBS News) — Premier Cho Jung-tai (卓榮泰) announced on Tuesday (July 16) plans to boost Taiwan's economy by raising public sector wages, projecting a 3.94% growth rate in 2024.
Cho and Overseas Community Affairs Council (僑務委員會) Minister Hsu Chia-ching (徐佳青) attended the Asia Taiwanese Chambers of Commerce (亞洲台灣商會聯合總會) meeting in Taichung City. Nearly 1,000 representatives from 19 countries, including Singapore, participated. Cho thanked Taiwanese businesses abroad for supporting President Lai Ching-te (賴清德) and highlighted their role in Taiwan's success.
The premier emphasized that Taiwanese businesses have created more development opportunities and achieved goals beyond government capabilities. He also stated that the Executive Yuan plans to establish an economic development committee to design diverse investment channels. This initiative aims to offer more financial innovation options and secure investment opportunities, positioning Taiwan as a capable asset management center in Asia.
Additionally, Cho revealed the launch of a significant investment plan for Taiwan, with the government planning to develop models and systems to attract talent and capital, ensuring a stable energy policy and safe investment environment.