The following is a translation of selected portions of the premier's report.
Speaker Han, Deputy Speaker Chiang, esteemed members of the Legislature:
I am deeply honored to present this policy report on behalf of my executive team today and to answer questions from esteemed members of the Legislature. On August 28, my 101st day in office, I presented my active and innovative Cabinet's "Action 101 Strategy" to the public. I urged my executive team to treat every precious day in office with the same unrelenting focus, to overcome limitations and transcend obstacles, and to continually push themselves and innovate for the well-being of all the people of Taiwan. My executive team has a responsibility and an obligation to continue propelling our country forward in order to shape a new Taiwan that is democratic and peaceful, innovative and prosperous, sustainable and fair.
We are promoting the National Project of Hope to respond to changes in the international environment: geopolitical flux, net-zero transition, global supply chain restructuring, and the reshaping of global growth paths by generative artificial intelligence (AI). We hope the project will help lighten people's burdens, make society safer, and at the same time drive forward industrial innovation and promote environmental sustainability.
Going forward, we will continue to promote eight major policy objectives focused on care and development, so that people feel at ease, society feels stable and the nation feels safe. These are: expanding social investment and easing household burdens; powering the economy with innovation and smart technology; promoting green growth and net zero by 2050; expanding medical investment for a healthier Taiwan; balancing development to spread hope across Taiwan; cultivating soft power, building a national brand; achieving a pluralistic, egalitarian, prosperous society; and forging a resilient Taiwan, upholding security and peace. We hope that in the new legislative session, the Executive Yuan and the Legislature will continue to work together to promote more bills that address the urgent needs of the public and that relate to uncontroversial issues, so as to bring benefit to all Taiwanese and ensure the country continues to move forward.
1. Expanding investment in society, easing household burdens
The government is fully committed to investing in the future generation from ages 0 to 22. Next year, we will invest NT$108.2 billion (US$3.4 billion) to expand public and quasi-public care services under the national child care policy 2.0 for ages 0 to 6, which to date has already provided 610,000 individual slots for children aged 0 to 6. In addition, public and quasi-public child care subsidies for children below the age of two have benefited approximately 95,000 children over a one-year period; a total of 1,078 classes for two-year-olds have been provided at public preschools and a further 80 classes will be provided within the next two years; and since January this year, public preschools have begun offering extended care services on weekdays and additional extra care services during summer and winter vacations to meet the care needs of dual-income households. Furthermore, starting in August this year, 45 public preschools have begun offering drop-in care services. All of these measures aim to comprehensively lighten the child care burden for families.
The issues facing young people today are extremely diverse, however our goal remains constant: we strive to ensure that future generations of Taiwanese are provided with high quality environments in which they can develop suitably and enjoy the opportunity to pursue their dreams. To this end, the government has fully implemented free tuition for all senior and vocational high school students, and is enhancing the quality of their education and promoting schools' integration within communities, in order to build friendly and accessible campus learning environments. In addition, to strengthen mental support systems on campuses, on July 4 this year, the Executive Yuan approved draft amendments to the Student Guidance and Counseling Act for consideration by the Legislature, which are designed to enhance the overall capacity and quality of student counseling, and ensure campus safety.
To realize equality in education, we are committed to closing the tuition and fees gap between public and private universities and colleges, and are providing increased subsidies to economically disadvantaged students. Additionally, in order to alleviate the financial burden of students living on-campus, starting in February this year, we rolled out an on-campus accommodation subsidy scheme for college and university students.
In order to enhance the international competitiveness of Taiwan's universities and colleges, this administration continues to promote the Higher Education Sprout Project and has invested more than NT$120.45 billion (US$3.8 billion) across phases one and two of the project. To assist students in aligning to the job market, we have also set up regional training bases to foster industrial talent and provide technical training. Currently, there are 18 such training bases located at 16 colleges and universities across the nation. We are also planning the establishment of a NT$10 billion (US$312.9 million) Youth Overseas Dream Fund to provide overseas learning opportunities for university and college students, and other young people.
To meet the needs of renters, the government continues to promote a broad range of measures under its housing policy, including constructing new social housing units, providing rent subsidies and introducing a social housing subleasing and management system. By the end of this year, the number of newly constructed social housing units will have reached our target of 120,000 units. Furthermore, rental units provided through the subleasing and management program have already reached a cumulative total of 124,000 units, and rent subsidy approvals between July last year and August this year reached 628,000 households. Looking to the future, the program's ultimate goal—to support 1 million renter households by the year 2032—is proceeding to plan. This will achieve a cumulative total of 250,000 newly constructed social housing units, 250,000 rental units through the subleasing and management program, and 750,000 rent-subsidized households.
In August last year, the government began promoting a new housing loan program targeted at young homebuyers to alleviate the burden of loan repayments. As of August this year, the program has assisted more than 70,000 families to purchase homes.
To increase women's participation in the labor force, on September 1 last year, the government began implementation of a women's re-employment program, which is expected to raise the labor force participation rate of women to 53.5% within three years. In addition, we will promote measures in the areas of employment, health care, long-term care, sports and leisure, and financial services, in order to create a supportive and accommodating social environment. We will also continue a program to promote employment for the middle-aged and elderly; and a package of measures to help the middle-aged population return to the workforce was introduced this year, providing jobseekers with employment incentives of up to NT$60,000 (US$1,877) and covering employers' workplace support and mentorship expenses of up to NT$300,000 (US$9,386) per year, in order to enhance the workforce participation of middle-aged people.
Thanks to the concerted efforts of the entire nation, our economy has grown at an average rate of 3.14% over the past eight years, ranking first among the Four Asian Tigers. This year's economic growth rate is expected to reach 3.90%, reflecting the continued hard work of all Taiwanese. This year the Minimum Wage Act came into effect. Next year, the monthly minimum wage will be raised to NT$28,590 (US$894) and the hourly minimum wage to NT$190 (US$6), marking the ninth consecutive year of increases, and we will also raise the salaries of all military personnel, civil servants and public school teachers next year by 3%. We hope that this will set an example for private sector companies to provide their employees with comparable salary increases, so as to bring benefit to the wider population and share the fruits of economic growth.
To ensure the stable operation of the labor insurance system, since 2020 the government has continued to inject additional capital into the Labor Insurance Fund, which in concert with applying a diversified investment strategy, has ensured the fund's stable growth.
2. Powering the economy with innovation and smart technology
The Executive Yuan convened the first meeting of the Economic Development Commission in July this year to fully exploit Taiwan's role as a key player within the supply chains of democratic nations and achieve innovation-driven growth that benefits the entire nation. We invited nearly 60 industry, government, and academic figures to serve as economic advisors and convened the commission's inaugural advisory meeting in September, with a view to guiding Taiwan's future development along three main lines: innovative economy, balanced Taiwan and inclusive growth. In addition, the government's national development plan for the next four years sets targets for the overall economy from next year through 2028. This includes average economic growth of 3%, GDP per capita of more than US$40,000, unemployment at less than 3.5% and a core consumer price index increase of less than 2%.
Micro-, small and medium-sized enterprises (MSMEs) are the lifeblood of Taiwan's economy. Next year, the government will increase the budget for MSMEs by investing NT$11.6 billion (US$362.9 million) in the MSME diversification and revitalization plan. The plan will drive the sustainable development of MSMEs by applying the strategies of digital transformation, net-zero transition and channel development, as well as providing project-specific inclusive loans, tax incentives and other supporting measures.
To date, the Three Major Programs for Investing in Taiwan initiative has attracted 1,534 companies to invest more than NT$2.3493 trillion (US$73.5 billion), and created approximately 153,873 domestic job opportunities. Going forward, through a planned investment program for national development, we hope to attract NT$3 to 4 trillion (US$93.9 to 125.1 billion) of capital to invest in major infrastructure and important industries in Taiwan. To attract foreign capital, we will also establish the nation as a center for asset management in Asia tailored to Taiwan's unique characteristics, which will place an equal focus on attracting and retaining capital, to increase business opportunities for the development of Taiwan's financial market, promote investment in Taiwan and support the development of domestic industries.
In order to continue to recruit global talent, the government has implemented various measures to attract foreign professionals to Taiwan. As of July this year, more than 56,000 foreign professionals and 15,000 foreign specialist professionals held work permits, over 10,000 Employment Gold Cards have been issued, and 2,645 foreign or overseas compatriot students have chosen to stay on in Taiwan for employment following graduation. We will also promote a national talent competitiveness program, with the goal of providing professional training to 450,000 people in AI and other interdisciplinary fields, and recruiting 120,000 additional foreign professionals and 80,000 additional foreign technical specialists by the year 2028.
Taiwan's external investment has been impressive in recent years, reaching a record high of US$23.57 billion last year, an increase of 137% on the previous year's figure. For the second consecutive year, Taiwan's investments in New Southbound countries have exceeded its investment in mainland China, thereby reducing the risk of overreliance on a single market. In addition, our exports to the U.S. and Association of Southeast Asian Nations (ASEAN) have been expanding strongly, and the value of our exports to the U.S. and ASEAN countries between January and August this year both hit record highs.
President Lai Ching-te has reiterated the importance of developing Taiwan's Five Trusted Industry Sectors: semiconductors, AI, military, security and surveillance, and next-generation communications. My executive team will accelerate AI industrialization and its transformation of industries, and coordinate with the Asia Silicon Valley Development Plan 3.0 to promote innovative industries and a smart and resilient society, in order to transform Taiwan into a "smart technology island." The government continues to attract the global semiconductor and AI industries, and their talent, to these shores: Infineon, Amazon Web Services and AMD have all announced that they will set up R&D or data centers in Taiwan. In addition, the government continues to promote the Taiwan Chip-based Industrial Innovation Program, and in April of this year commenced planning for the first overseas chip innovation base to harness transnational cooperation and create an internationalized platform for cultivating chip design talent.
The space industry is closely related to the development of the next-generation communications industry and Taiwan possesses a sovereign ability to independently develop satellites and rockets. In August of this year, the Taiwan Space Agency successfully launched its first "3U" communications cube satellite, the Nightjar, in cooperation with the private sector for the testing of Internet of Things (IoT) communications. In July, the Short-Term Sounding Rocket Launch Site also successfully completed its sixth launch of a scientific research sounding rocket. In addition, in order to promote the development of the domestic drone industry, the government will establish a drone R&D and manufacturing center, and we hope that the drone industry will achieve an output value of NT$30 billion (US$938.6 million) by 2028.
In order to improve the quality and efficiency of digital services for government and industry, in April last year the government initiated a project to produce a Taiwan-specific generative AI large language model based on Taiwanese culture. The Trustworthy AI Dialogue Engine (TAIDE) will significantly reduce the cost of integrating AI-related services in both the public and private sectors. Looking forward, we will continue to promote the service-oriented smart government program 2.0 and refine government services in the areas of open data, autonomous use of personal data, and technological innovation.
3. Promoting green growth and net zero by 2050
Developing renewable energy, energy conservation and carbon reduction will be key to reaching net-zero emissions by 2050. Next year's budget for the government's action plan of 12 key strategies to achieve net-zero transition will receive an increase of 21.6% over this year. Last year, we added a record 2.7 gigawatts (GW) of solar power capacity. Furthermore, as of August this year, the offshore wind power industry has installed 364 wind turbines, totaling 2.96 GW of capacity: the seventh-highest in the world. In addition, we expect to invest NT$35.3 billion (US$1.1 billion) over four years to promote estimated electricity savings of 20.6 billion kilowatt-hours (kWh).
At the same time, we are also accelerating the development of diversified and forward-looking green energy sources, such as geothermal energy, small hydroelectric power generation and hydrogen energy. To respond to increased demand for electricity from the AI and semiconductor industries, we have drawn up plans to add six new gas-fired generation units, four of which will come online this year, to produce an estimated 17.86 GW net increase in capacity by 2033—which will exceed the projected growth in electricity demand. In addition, we will accelerate the implementation of a construction program to enhance the resilience of the national power grid so as to ensure the provision of a stable power supply for both industry and domestic consumers.
Furthermore, the government is actively developing carbon capture, utilization and storage technology, and in August this year, the government announced three regulations to support the future implementation of Taiwan's carbon fee system, which will help industries to gradually transition to a carbon pricing system and bring Taiwan into line with international standards.
4. Expand medical investment for a healthier Taiwan
Taiwan will become a super-aged society in 2025. This administration is thus proactively expanding home, community and residential care services for elderly people, while promoting measures such as long-term care subsidies and comprehensive community care systems. Since the government's Long-term Care Plan 2.0 began in 2017, coverage for long-term care services has reached 80.19%. To further enhance coverage, we are preparing to launch the Long-term Care Plan 3.0, which will better integrate home, community, institutional, medical and social welfare services for greater continuity of care. In July this year we also initiated an Acute Hospital Care at Home Trial Program, with the eventual goal of allowing anyone with impaired mobility or residing in a care institution to receive treatment for their acute medical needs at their place of residence.
The government continues to increase investment in health care and medical solutions, aiming by 2032 to raise the average life expectancy of Taiwanese from 79 to 82 years old, reduce expected years lived with disability or disease from 10% to 8%, and lower child mortality from 5.3 deaths to under four deaths per thousand live births. This administration also holds fast to the principles of efficiency and equitable burden sharing, as we continue to refine the National Health Insurance system, bolster fiscal responsibility, gradually reform the insurance premium system and diversify sources of health insurance funding, in order to provide the public with higher-quality holistic medical care at all levels.
To comprehensively improve medical care for children and young people, the government beginning next year will broaden promotion of the second phase of a children's health care improvement program, upgrading the efficacy of child development screenings and referrals. In addition, in August this year we expanded a plan to provide mental health support for the young generation from ages 15 to 45, and approved a plan to strengthen whole-of-society mental health resilience, the latter of which will allocate an estimated NT$5.631 billion (US$176.2 million) to promote holistic mental health, extending to students in elementary and junior high school.
In order to advance cancer treatment and prevention, and to achieve the goal of reducing cancer deaths by one-third by 2030, the government plans to expand cancer screening services, increase focus on genetic testing and precision medicine, and establish a NT$10 billion (US$312.9 million) fund for new cancer drugs. To improve the window for early diagnosis and treatment, we are implementing a NT$57 billion (US$1.8 billion) seven-year national program to support cancer treatment and prevention initiatives.
To continue improving the workplace environment for nurses, the Executive Yuan in July this year approved a medium- to long-term program to boost the nation's nursing workforce. This program enhances nurse retention, improves nursing workloads and upgrades quality of care. Moving forward, we will launch the Healthy Taiwan Cultivation Plan to invest greater funding into rearing talent and supporting medical institutions at all levels nationwide.
5. Balancing development to spread hope across Taiwan
In order to balance development across Taiwan, the government will continue to improve the nation's infrastructure through over 140 projects, while also investing in Taiwan's smart technology industrial ecosystem. In August, we put forth a project to develop this ecosystem in southern Taiwan, linking Tainan's Shalun Smart Green Energy Science City to the surrounding S-shaped semiconductor cluster spanning from Chiayi to Pingtung, and connecting with tech centers in central and northern Taiwan to foster more balanced regional development.
The government is establishing long-term sustainable water environments to adapt to global climate change and the sharp variations between Taiwan's dry and wet seasons. We continue to implement systematic water management through regional water reserve projects, developing new water resources, reducing water leakage and other related initiatives.
The government is also promoting traffic environments that put people first; we are deploying a plan to sustainably enhance pedestrian safety; and we continue to improve major infrastructure including highways, railways and airports, to meet the needs of industries and the general public.
Agricultural products are an important strategic asset for Taiwan. The government will continue to facilitate the entry of a wide range of agricultural products into international markets, in addition to adopting complementary guidance measures regarding agricultural production zones and contract farming, so as to fortify the production lines supplying overseas markets.
Regarding the expansion of the fishery industry, this administration will continue constructing a nationwide cold chain logistics system to enhance the quality and safety of fishery products. Additionally, to promote the sustainable development of Taiwan's distant water fishing industry, we are improving living environments for fishermen and migrant maritime workers, including a port renovation project in Qianzhen Fishing Port in Kaohsiung, which is on track to be finished before the end of next year.
6. Cultivating soft power, building a national brand
To bolster Taiwan's economy and cultural content, we are allocating an estimated NT$10 billion (US$312.9 million) over four years in a plan to stimulate "Taiwanese wave" pop culture exports, through investing in the publishing, art, cultural and audiovisual industries. In addition, next year we will launch version 2.0 of the Reconstruction of Taiwan's Art History project, which continues to restore and collect important historical artifacts to rediscover Taiwan's cultural identity.
To advance the government's policy of sports for all, we plan to officially inaugurate a new ministry of sports in 2025. The Executive Yuan established a preparatory group for this purpose in August, and will swiftly propose a draft law to establish the new ministry, which will take on the duties of popularizing athletic competition, advancing diversified development of the sports industry, hosting international sporting events that enhance Taiwan's brand, and supporting international sports diplomacy, to ensure that every person has the opportunity to participate in sports and incorporate athletics and fitness into their daily lives.
Taiwan's national athletes had an excellent showing at the Paris 2024 Summer Olympics, winning two gold and five bronze medals, and at the Paris 2024 Summer Paralympics, winning three silver and two bronze medals to mark the nation's best results in the past four Summer Paralympics. Moving forward, the government will continue to raise sports-related funding and develop higher-quality software and hardware training environments for sports.
The 2024 Cultural Olympiad also featured a Taiwan Pavilion in the Parc de la Villette in Paris, organizing 57 shows by 24 performing arts groups with 122 artists, in addition to a visual art exhibition featuring works from nearly 300 artists, attracting over 70,000 visitors across 15 days.
Taiwan is home to world-class scenic attractions and a unique culture, which we are excited to share with the entire world. This administration is promoting a plan to attract broader international tourism, with the target of attracting 10 million visitors this year, and the eventual goal of growing tourism into a trillion-NT-dollar industry.
7. Achieving a pluralistic, egalitarian, prosperous society
Taiwan's culture of diverse languages is a precious part of its heritage. In order to revitalize and promote national languages, which in many areas are at risk of disappearance, the Executive Yuan continues to implement a plan for comprehensive development of national languages, aiming to create friendlier environments for their use. On June 27, the Executive Yuan submitted to the Legislature for deliberation a draft act for the establishment of a center for the research and development of national languages. Upon passage of this legislation, the center will become an institution dedicated to the preservation, study and transmission of national languages.
Taiwan's indigenous peoples form one of the most important roots of the nation's history and culture. This administration is striving to promote indigenous policy, including social welfare measures such as the establishment of 519 cultural health stations nationwide to provide culturally sensitive care, the construction of 55 indigenous assembly halls to serve as cultural transmission sites, and the improvement of roads leading in and out of indigenous areas. Moving forward, we will continue to support name rectification for plains indigenous groups, advance the sustainable development of indigenous villages and strengthen indigenous health services, as part of this administration's "Indigenous Project of Hope."
To popularize Hakka culture and support regional development of Hakka villages, this administration continues to push forward the National Hakka Development Plan and the regional Hakka 369 Project. In addition, this year we began carrying out a program to transform the local Hakka community libraries in 14 townships into sites that promote a Hakka cultural renaissance.
To support the roughly 600,000 new immigrants living in Taiwan, the Executive Yuan will implement the basic law for new immigrants promulgated in August, proactively supporting their rights and interests such as in the areas of finding employment, translation services and media access, and steadily improving guidance measures to help them adapt to their new lives.
This administration is advancing transitional justice in the hope that Taiwan will never again repeat its history of human rights violations, and will become a truly just nation. In July the Executive Yuan approved and submitted to the Legislature for deliberation a draft bill for the preservation of historical sites of injustice. Through such dedicated legislation, we hope to codify a framework for the conservation of these sites and raise awareness of their significance. In addition, on August 29 the Executive Yuan approved and submitted to the Legislature draft amendments to the Act to Restore Victim's Rights Infringed by Illegal Acts of the State During the Period of Authoritarian Rule, which aim to fully guarantee the restoration of damaged rights for victims or their families.
8. Forging a resilient Taiwan, upholding security and peace
This administration is increasing the defense budget and strengthening social resilience to assure our democratic partners around the world that we are capable of protecting our nation, and to prove to the world that Taiwan is firmly committed to defending its territory.
In order to enhance deterrence, build our defensive capabilities and safeguard regional peace and stability, national defense-related spending for the next fiscal year is projected to increase by about 9.6% compared to this year. This administration has also implemented a plan to strengthen and recalibrate the national defense force structure, and at the beginning of this year reinstated the one-year mandatory military service period for conscripts born in or after 2005. Starting this year, the length of the basic training program for all recruits will also be increased to eight weeks, with a focus on realistic combat training.
Domestically, the government is proactively building Taiwan's capacity for defense autonomy. We are advancing cutting-edge defense technology R&D, as well as weapons systems research and manufacturing, thereby spurring the development of defense industry supply chains. With regard to indigenous military aircraft, 36 new-model advanced jet trainers have already been delivered out of the 66 ordered for production. Meanwhile, the final ships from Taiwan's first batch of indigenous Tuo Chiang-class corvettes were delivered to the ROC Navy and launched this year. In August, the Executive Yuan also approved the next phase of the indigenous submarine production program to build seven improved design serial production submarines by 2038.
Internationally, Taiwan continues to cooperate with democratic allies, and is strengthening its self-defense capabilities through arms sales from the U.S. Since taking office, U.S. President Biden has announced the sale of military goods and services to Taiwan 16 times, including in June and September this year when the U.S. government authorized the sale of about US$300 million in F-16 fighter jet parts, US$360.2 million in military drone systems and US$228 million in spare parts and services for aircraft and related equipment. This March, the U.S. government also passed the Further Consolidated Appropriations Act of 2024, making available no less than US$300 million in Foreign Military Financing (FMF) to assist Taiwan, and in April passed the Emergency National Security Supplemental Appropriations Act of 2024, which provides for US$2 billion in FMF for Indo-Pacific countries, including Taiwan. Moreover, the U.S. President's Budget for Fiscal Year 2025 for the first time requested US$100 million for investment in Taiwan's security, reaffirming the U.S. government's rock-solid long-term security commitment to Taiwan, as well as its strong concern and support for maintaining peace and stability across the Taiwan Strait.
Taiwan plays an indispensable role in international supply chains and furthermore holds a key position in maintaining peace in the Indo-Pacific region. Since President Lai took office, a succession of political dignitaries from countries including the U.S., Singapore, Japan and the Czech Republic have visited Taiwan, not only to promote bilateral friendship and cooperation, but also to recognize Taiwan as a democratic partner.
On July 30, the Inter-Parliamentary Alliance on China (IPAC) held its annual summit in Taipei for the first time, with a total of 49 officials and representatives from 23 countries and the European Parliament in attendance. Taiwan's government has been deepening ties with Europe and promoting bilateral industry and talent exchanges through the US$200 million Central and Eastern Europe (CEE) Investment Fund and the US$1 billion CEE Credit Fund, which aim to broaden industrial, economic and trade relations by developing mutually beneficial economic and trade cooperation programs between Taiwan and CEE countries, and by assisting Taiwanese businesses to operate in the European market.
Meanwhile, the number of students coming to study in Taiwan from the New Southbound Policy nations continues to grow. Our government actively facilitates job matching for foreign and overseas compatriot students, and is deepening cooperative ties with New Southbound nations in areas including health and medicine, agriculture, science and technology, culture, and non-profit organizations. Taiwan and Thailand enjoy visa-free entry for each other's citizens, and Malaysia has also opened its automated immigration clearance system to Taiwanese citizens. These steps show the progress we have made in advancing tourism exchanges.
In the future, the government will continue to promote deeper cooperation with like-minded democratic nations through integrated diplomacy, incorporating value diplomacy, alliance diplomacy and economic diplomacy, so as to uphold Taiwan's vital role in global industrial supply chains.
To defend the sovereignty of the Republic of China (Taiwan), the government is actively implementing President Lai's Four Pillars of Peace Action Plan (strengthening national defense, economic resilience, partnerships with democratic nations, and stable and principled cross-strait leadership) as well as striving to maintain the status quo, with the belief that mutually beneficial co-existence and co-prosperity should be Taiwan and China's shared goal. Ensuring peace and stability across the Taiwan Strait and in the Indo-Pacific region is our joint responsibility. Under the premises of parity and dignity, we should choose dialogue over confrontation, free exchanges over blockades, and promote healthy, orderly two-way exchanges in tourism, education and beyond.
We are promoting new policies and new infrastructure for a new era: new water management policies to continue upgrading technology-based disaster response mechanisms; new anti-fraud measures with updated legislation, facilities, technologies and collaborative partnerships; new energy through diverse development of green energy sources; new technologies through wide-scale promotion of AI applications; new sports policy led by the soon-to-be-inaugurated ministry of sports; and the more-comprehensive new social care and new development policies that I previously mentioned. These policies will help Taiwan grow and secure a stronger footing on the world stage.
At this pivotal moment in our nation's development, I sincerely hope that all political parties can set aside their differences to engage in rational oversight and unite in cooperation. Like esteemed members of the Legislature, I too consider the people to be our highest priority, so I look forward to working together with you to create a happier Taiwan where all people can prosper and live in peace. Thank you, everyone!