TAIPEI (TVBS News) — Premier Cho Jung-tai (卓榮泰) reflected on his 50 days in office, stating it felt "like half a century" during a speech in Taichung on Tuesday (July 16).
He announced the Executive Yuan will hold an economic development council on Thursday (July 18) focusing on innovation, balanced growth, and inclusive development.
Cho emphasized the administration's commitment to visiting counties and cities to identify and solve problems directly, following the president's directives. He praised Taiwanese businesses as the "mother of Taiwan's success" and promised the government would heed their advice to accelerate investments.
He highlighted former President Tsai Ing-wen's (蔡英文) achievements, noting an economic growth rate of 3.15% over her eight-year tenure, with expectations for a 3.94% growth rate this year. The premier also mentioned plans to promote financial innovation, providing diverse investment channels and greater security in the high-tech era.
The Executive Yuan plans to launch a significant investment initiative to attract talent and capital to Taiwan.
Cho stated they would clearly outline this plan at the economic development council meeting. Recognizing the global competition for talent, the government will introduce incentives to encourage overseas students to return and stay longer.
Cho concluded by stressing that fair distribution is a hallmark of a civilized nation. The government aims to address generational justice for young people and reduce the wealth gap through inclusive growth and public investment.
