Taiwan eyes cooperation with Germany on five innovative industries

  • Date: 2016-08-25
  • Source: Department of Information Services, Executive Yuan
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At  the  Green+  Together  2016  Taiwan  Sustainability  Summit  held  today  in  Taipei  and  attended  by  government  and  business  leaders  from  Taiwan  and  Germany,  Premier  Lin  Chuan  expressed  hope  that  the  two  countries  can  cooperate  in  promoting  Taiwan’s  five  innovative  industries  plan.

To  take  Taiwan’s  economy  to  the  next  level,  the  government  is  pursuing  a  new  model  of  sustainable  development  based  on  the  core  policies  of  innovation,  employment  and  equitable  distribution,  the  premier  said.  The  administration  has  also  selected  intelligent  machinery,  an  Asian  Silicon  Valley,  green  energy  technology,  biomedicine  and  national  defense  as  the  five  innovative  industries  that  will  drive  the  next  generation  of  businesses  in  Taiwan.

With  the  nation’s  advantages  in  manufacturing  hardware  and  machinery  for  information  and  communications  technology,  the  government  will  focus  on  intelligent  machinery  and  the  Asian  Silicon  Valley  as  key  sectors  for  promoting  Industry  4.0  in  Taiwan,  Lin  said.  Industry  4.0  is  a  concept  that  boosts  manufacturing  capability  by  integrating  the  internet  with  industrial  and  machinery  systems  while  linking  traditional  manufacturing  closer  to  the  services  industry.  

On  intelligent  machinery,  the  Executive  Yuan  approved  a  program  on  July  21  to  introduce  smart  technologies  that  will  utilize  Taiwan’s  achievements  in  precision  machinery  and  information  technology.  The  government  will  also  create  a  new  “machinery  industry  ecosystem”  in  Taiwan  using  three  strategies—link  local  industries  together,  link  with  global  businesses,  and  forge  links  to  the  future,  the  premier  said.

Regarding  the  Asian  Silicon  Valley  project,  Premier  Lin  said  the  government  is  working  on  concrete  measures  to  develop  the  internet  of  things  and  digital  technologies.  Through  open-data  government  initiatives  and  relaxed  business  regulations,  the  administration  hopes  that  the  Asian  Silicon  Valley  project  will  help  young  people  grow  their  businesses  and  connect  internationally.

Finally,  the  premier  said  he  hoped  Taiwan-German  cooperation  will  help  upgrade  Taiwan’s  future  industries  and  create  a  circular,  green  and  sustainable  economy.