Taiwan's Economic Planner Calls for Promoting Service Sector to Fuel Second "Economic Miracle"
The nation's top economic planner, Hu Sheng-cheng, emphasized the significance of promoting the service sector for Taiwan to achieve its goal of creating a second "economic miracle." In a seminar on service sector development in Kaohsiung, Hu highlighted the crucial role of the service industry in driving economic growth, upgrading industry quality, and improving the quality of life. He stressed that promoting the service sector is essential to ease unemployment resulting from economic transformation.
Key Takeaways:
- The Council for Economic Planning and Development (CEPD) aims to promote the service sector to drive Taiwan's economic growth and achieve a second "economic miracle."
- The targeted service sectors will cover finance, distribution, and communications; medical care; tourism; sports and leisure; cultural creativity; design; research and development; environmental protection; and engineering consultancy.
- Hu Sheng-cheng, CEPD chairman, emphasized the importance of the service sector in driving economic growth, upgrading industry quality, and improving the quality of life.
- More than 60 experts were invited to the seminar, and CEPD Vice Chairman Hsieh Fa-ta was on hand to explain the guidelines for service sector development.
- CEPD aims to promote the service sector as the main focus of the next stage of economic development in Taiwan.
Statistics:
- The Council for Economic Planning and Development (CEPD) organized a seminar with more than 60 experts in attendance.
- The targeted service sectors will cover 10 key areas, including finance, distribution, and communications.
Sources:
- CNA (Taipei Times)
- Asia Pulse
- Council for Economic Planning and Development (CEPD)