Premier Cho Jung-tai told a new economy committee that while Taiwan's position in the global economy remains strong despite geopolitical headwinds, further innovation is required to maintain its competitiveness.
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00:00Premier Zhuo Rongcai says Taiwan's economy is facing geopolitical headwinds.
00:05Premier Zhuo was speaking at a meeting of the government's New Economy Committee.
00:09It has gathered leading industry experts from semiconductor and
00:12other tech industries to strategize for economic growth.
00:16Taiwan is facing a fast-changing world. We have a high-tech
00:24and technological advancements.
00:27But our economy needs to be more active and innovative
00:33so that we can be more international, more open, more free, and even more democratic.