Launch of ECCT's 2022 Position Papers
The ECCT launched its 2022 Position Papers at a Premium Event lunch, which was attended by 90 members and guests.
Read the full event report
Read the Position Paper Overview, Business Climate and individual papers
At the event, ECCT Chairman H Henry Chang presented an overview of the papers to ECCT members and guests after which he officially handed over a copy of the chamber’s annual publication to the Taiwan government, represented by Dr Kung Ming-hsin, Minister of the National Development Council (NDC). The lunch was followed by a press conference, where the chairman and chairpersons of the ECCT committees presented a summary of their most important issues to the media.
Through the theme “Taiwan’s Time to Shine”, the chamber urged the government to take action to speed up Taiwan’s energy transformation, attract and retain talent, and enhance the conditions for developing innovative technologies and future industry stars. This year’s publication includes separate submissions from 25 of the ECCT’s 29 industry and support committees and raises 170 issues, 118 from previous years and 52 new issues.
In his presentation to NDC Minister Kung and ECCT members at the launch, Chairman Henry Chang thanked the government for efforts on making progress on 26 issues from the previous year. He went on to give a summary of the Position Paper Overview and highlight some of the major issues facing ECCT members.
Taiwan has navigated the global coronavirus pandemic relatively well and been a net beneficiary of the acceleration of digitalisation and the shift to remote working necessitated by the pandemic. Now is truly Taiwan’s time to shine.
However, it should not be overlooked that Taiwan’s success is also thanks to its unique circumstances, both geographically and economically, which have insulated it from the worst impacts of the pandemic. Now that the threat level of the pandemic is receding, Taiwan can no longer count on these advantages to keep the economy ticking over. Taiwan’s current strategy will need to be adapted to the evolving situation in recognition that Taiwan’s hitherto success has been thanks to its connection and integration with the world. Border restrictions should be phased out gradually, starting with a pathway in for business-critical positions. Rather than a case-by-case review process, the government should establish clear entry criteria to allow businesses to sustain business operations and talent circulation.
The Overview goes on to list actions in specific areas that the government could take to keep Taiwan shining in sections on Taiwan’s Energy Transformation, Talent & Education, Technology & Future Industries and Internationalisation and global integration.
It concludes that following the recommendations in the 2022 Position Papers would help Taiwan to overcome diverse challenges, advance the energy transformation, enhance Taiwan’s attractiveness for talent and investment in innovative technologies and industries of the future and capitalise on the great economic opportunities available in the post-pandemic era.