The China Post
Date: November 11, 2017
By: Shih Hsiu-chuan
TAIPEI (CNA) – Premier Lai Ching-te (賴清德) this week outlined plans to address
Premier Lai Ching-te attends a medical conference in Taipei on Nov. 11, 2017. The premier this week outlined plans to address issues concerning business leaders while delivering a message aimed at reassuring them and reminding them that the responsibility of improving Taiwan’s economic growth also falls on their shoulders. (CNA)
issues concerning business leaders while delivering a message aimed at reassuring them and reminding them that the responsibility of improving Taiwan’s economic growth also falls on their shoulders.
The Chinese National Federation of Industries (CNFI) in 2015 coined the term “five shortages” to characterize the business climate in Taiwan, referring to the lack of land, water, power, skilled workers and manpower.
CNFI reiterated its concerns in its White Paper last year and in July this year, and said that after the Democratic Progressive Party came to power, not only have the problems not been resolved, the investment environment has deteriorated.
In response, Lai put forth a strategy for addressing the issues in five days this week from Nov. 6 to 10 except Nov. 9 when he finalized revisions to the five-day workweek rule which business groups have blamed for disrupting business operations and stifling investment. [FULL STORY]
