Four-year S&T development blueprint to boost Taiwan’s competitiveness

  • Date: 2017-09-28
  • Source: Department of Information Services, Executive Yuan

At the Cabinet’s weekly meeting today, Premier Lai Ching-te said the government’s National Science and Technology Development Plan (2017-2020) will boost Taiwan’s competitiveness by driving technological and industrial innovation.

The plan was formulated by the Ministry of Science and Technology (MOST) after research and planning in consultation with industry, government, academia and research experts. In addition to guidance from government policies, MOST also gathered feedback from the public to identify three priorities: establishing a comprehensive foundation, creating a smart living environment, and advancing economic development. The premier instructed MOST, the Ministry of Education and other responsible agencies to implement the plan proactively.

Government efforts to encourage industrial innovation—including the Asia Silicon Valley Development Plan, intelligent machinery, and other components of the “five plus two” innovative industries policy—all rely on Taiwan’s strong semiconductor industry, the information and communications technology industry, and basic manufacturing. Each one helps the others, and the government will not limit its attention to the “five plus two” industries nor overlook semiconductors or other important sectors, the premier promised.

Premier Lai also hopes mobile payment apps will be a priority in the push for smart lifestyle technologies. He instructed the Financial Supervisory Commission to continue promoting mobile payments and asked the National Development Council to assist and oversee this effort.

MOST said in its report that the National Science and Technology Development Plan is charted every four years pursuant to Article 10 of the Fundamental Science and Technology Act. The plan is to serve as a basis for formulating scientific and technological policies and promoting scientific and technological research and development. The 2017-2020 plan covers four objectives: driving economic growth through innovation, solidifying smart living technologies and industries, cultivating and competing for talent through multiple avenues, and strengthening the innovation ecology for scientific research. These objectives form the foundation for industrial innovation and transformation.