The “new agriculture innovation program” adopted by the Executive Yuan on December 8 last year forms the basis of this “plus” initiative added onto the original Five Pillar Industries. The goal is to develop a viable agricultural sector suitable for a modern economy – one with sufficient competitiveness without over-reliance on government subsidies. The program…

In the face of China’s rapid military build-up and Beijing’s pressure on other countries not to sell weaponry to Taiwan, “what can Taiwan do except develop its own defense industry?” asks National Chengchi University professor Arthur Ding, a defense specialist. “It’s the inevitable outcome of China’s interference.” The Democratic Progressive Party (DPP) has long made…

While much of the 5+2 Innovative Industrial plan remains controversial, two sectors have gained support from both major political parties: smart machinery and Asia·Silicon Valley. Smart machines mean manufacturing equipment that is intelligent, self-learning, and can communicate with other machines and human operators, transmitting data in real time. These advanced technologies are finding applications in…

Innovation is high on Taiwan’s agenda, and the Asia·Silicon Valley segment of the 5+2 Innovative Industries plan promises to launch Taiwan into the innovation value ecosystem, says National Development Council (NDC) Deputy Minister Kung Ming-hsin. Innovative technologies and business models are transforming global business, Kung says, and “if Taiwan is not included in that trend,…

The Tsai administration is making a heavy commitment of resources to promoting seven sectors of the economy as the key to transforming Taiwan’s industry. The initial five “pillar industries” were the Internet of Things (also referred to as Asia·Silicon Valley), Biomedical, Green Energy, Smart Machinery, and Defense. Added later were high-value agriculture and the circular…

US senators introduce bill to encourage high-level visits to Taiwan Six U.S. senators jointly introduced the Taiwan Travel Act on May 5 to encourage visits between the United States and Taiwan at all levels. The draft bill states that Congress believes the U.S. government should allow officials at all levels, including cabinet-level national security officials,…

Amid a flurry of announced major infrastructure projects, the Taoyuan Aerotropolis stands out for its scale and boldness. Touted as the largest national infrastructure project since the Ten Major Infrastructure Projects of the 1970s that catapulted Taiwan into the ranks of major industrial economies, the Aerotropolis is a planned transportation, logistics, industrial, and residential city…