BIGGER NOT BETTER? William Lai said the government would not be able to handle labor-intensive companies, so it would be best if they met its development goals
Taipei Times
Date: Oct 20, 2018
By: Sean Lin / Staff reporter
Premier William Lai (賴清德) yesterday said that agencies concerned with economic
Premier William Lai, left, speaks at a question-and-answer session as Minister of Economic Affairs Shen Jong-chin looks on at the Legislative Yuan in Taipei yesterday. Photo: Chien Jung-fong, Taipei Times
development are confident they would solve problems facing businesses planning to move back to Taiwan.
Lai made the remarks after Democratic Progressive Party Legislator Chen Su-yueh (陳素月), who represents Changhua County, asked whether the government is ready to respond to the trend of Taiwanese businesses moving production lines back home in the wake of the trade war.
Investment is an indispensable factor to drive economic growth, which is the government’s top priority, Lai said.
Since he becane premier, the Ministry of Economic Affairs has been under orders to identify problems regarding the “five shortages” of land, water, electricity, talent and labor, and to engage in extensive talks with local industries, Lai said. [FULL STORY]
