By: Chu Che-wei and Ko Lin
Taipei, Oct. 1 (CNA) The government is actively encouraging Taiwanese businesses
operating in China to relocate their production facilities to Taiwan amid the ongoing trade battle between the United States and China, Premier Lai Ching-te (賴清德) said Monday.
Speaking at an annual meeting organized by the Monte Jade Science and Technology Association, an association of technology company executives in Taiwan, Lai said the government will try to clear obstacles to investment to help companies return home.
It will continue to promote tax breaks, relax regulations and introduce proposals to resolve the “five shortages,” Lai said, referring to land, water, electricity, skilled worker and manpower shortages that have long plagued the industrial sector.
Those issues were highlighted in the annual white paper published in July by the Chinese National Federation of Industries (CNFI), which represents the majority of manufacturers in Taiwan. [FULL STORY]