2024/09/20

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Premier Cho unveils strategies to advance economy

August 22, 2024
Premier Cho Jung-tai (front, center) takes part in the combined opening ceremony for the Taiwan Automation Intelligence and Robot Show 2024 and Automation Taipei 2024 Aug. 21 in Taipei City. (Courtesy of Executive Yuan)

Premier Cho Jung-tai said that the government would continue its practice of introducing artificial intelligence technology to government agencies and various industries to work toward the goal of benefiting the whole of society.

Cho made the remarks while attending the joint opening ceremony for the Taiwan Automation Intelligence and Robot Show 2024 and Automation Taipei 2024 Aug. 21 in Taipei City. He mentioned that hotels and senior care centers have begun to adopt smart robots with increasingly diverse services and functions, and noted that robotic equipment is also applied in the national security arena.

Taiwan is at the forefront of development in smart industries and hardware manufacturing even as it continues to make progress in software applications, the premier said, adding that the government intends to provide comprehensive assistance to traditional industries and micro-, small-, and medium-sized enterprises in recognition of their key position in Taiwan’s economy.

Accordingly, the government announced the allocation of a budget of NT$11.6 billion (US$362 million) to subsidize diverse development of MSMEs during the first meeting of the Executive Yuan’s Economic Development Committee July 18, the premier said.

Cho concluded with the announcements that Taiwan’s second quarter economic growth rate is at 5.09 percent, and that salaries for military, public and educational personnel will rise three percent, while a review meeting for the national minimum wage has been planned for September. (POC-E)

Write to Taiwan Today at ttonline@mofa.gov.tw

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