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  • 9 months ago
Taiwan’s economy is riding high in 2025, with GDP set to grow over 7% and exports topping US$600 billion. But while AI is boosting the tech sector, traditional industries are still struggling. TaiwanPlus spoke with Lien Hsien-ming of the Chung-Hua Institution for Economic Research to assess the year and look ahead.

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00:00What's your take on the health of Taiwan's economy this year, and how did it perform in comparison to other similar economies?
00:30It's very good.
00:31But within this industry, the product and the software industry has a very big difference.
00:39With AI of a different industry, it's probably a hot-distance company.
00:44Many companies in our investigation told us that their delivery is not even a good thing.
00:52The product of the product is actually quite high.
00:56especially since China is not able to export to the United States
01:01so most of the Chinese products
01:04caused these very many countries in the competition of the United States
01:09which means that our industry
01:13除了 facing the market's demand
01:15not too good
01:17but also faced a very strong competition of China
01:19In Korea, the market's average is 1%
01:22In China, it is called 5%.
01:28And Japan, it is about 1.5%.
01:32And Singapore, it is about 3.5%.
01:35So you can see that in the international economy,
01:39Taiwan's performance is almost like everyone's talk.
01:44In fact, the main company said that this is Taiwan
01:48for about 15 years, the best economic performance.
01:51With this year's data showing strong GDP growth
01:54and record-high exports,
01:55Taiwan's economy appears robust.
01:57But just like what you mentioned,
01:59with industry like ICT performing very well,
02:02while others like traditional sectors remain weak
02:05and lag behind what some call a K-shaped economy,
02:09would you say Taiwan is moving in that direction?
02:11Actually, every year's growth
02:15and last year's growth is about 3%.
02:18But the production of the country's output,
02:20the part of the country's output is lower.
02:24So it is very similar to the K-shaped shape.
02:29This actually is the result of Taiwan's growth growth.
02:34It is focused on the ACET industry.
02:36And the production of the country's output,
02:38which is the result of Taiwan's growth growth.
02:44It is also a very difficult time.
02:47This has caused many of the challenges.
02:50It is a very difficult time for us to talk to the
02:51market business,
02:52or the US government,
02:53or the US government,
02:55or the US government,
02:56What's your initial growth forecast for Taiwan in 2026?
03:13What does the overall picture look like?
03:26What does the overall picture look like?
03:43What does the overall picture look like?
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