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Policies

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Overview

The Asia Silicon Valley Development Plan
The Plan is expected to transform Taiwan’s industrial structure with IoT, and drive economic growth with innovation and entrepreneurship.
Four-Year National Development Plan (2017-2020) and Plan for National Development in 2017
The 17th Mid-Term Plan - “Four-Year National Development Plan (2017-2020) and Plan for National Development in 2017 ” were passed by the 3534th Meeting of the Executive Yuan on February 2, 2017 and will be officially launched from 2017. Following the President’s philosophy of national governance and the Premier’s administrative guidelines as well as taking into account international development trends and important domestic issues, the plans set out the national development vision, objectives and strategies and will serve as the overarching policy blueprint of the government over the next four years.
The Investment Expansion Programs
The programs consist of four components－improving the investment climate, spurring private investment, increasing investment in state-operated and publicly owned businesses, and strengthening digital innovation capabilities－to boost the economy and upgrade industry.
Perfect Taiwan's Environment for Retaining Talent
7 dimensions 27 strategies
Promoting Reform of the Financial and Economic Legal System
This policy aims to provide a friendly regulatory environment for digital economy related industries and entrepreneurship in Taiwan, with consideration of points of major international, industry and online community concern. It uses foundational and application aspects of the digital economy as its review framework and also incorporates the Company Act, and other current elements of the financial and economic legal issues such as talent recruitment and retention to thoroughly review relevant laws and regulations and promote adjustment of regulations.
Price Stabilization Measures
The convener of “Price Stabilizing Group” of the Executive Yuan is the vice premier of the Executive Yuan and the staff is National Development Council. Every agency constantly monitors the change on the price of domestic and foreign goods and regularly investigates the price of domestic commodities to keep track the changes on the price of the commodities and to adopt the measures of stabilizing the price timely.
Industrial Innovation and Transformation Fund
National Development Fund (NDF) establishes a NT100 billion fund, aiming to stimulate private sector investments, promote innovation and transformation, create job opportunities, and reinvigorate Taiwan’s economy. NDF, along with private sector investors, will invest in merger and acquisition, spin-off, and business transformation plans.
E government
The development of E government brings about the growth of industry and economy in Taiwan. Our E government has undergone 3 phases of development, which are “the preparation and construction of basic information environment”, “the popularization of governmental online services”, and “integration and compatibility of governmental services.” The results are satisfying and affirmed, and the fourth phase will keep developing the governmental cloud applications and services, combining social network, expanding basic data, and providing people with active full services.
Ease of Doing Business (EoDB) Reforms
Speeding up business environment reforms and promoting regulatory alignment with international practices, Taiwan launched business environment reform, adopting World Bank’s Doing Business indicators as reform areas: “Starting a Business”, “Dealing with Construction Permits”, “Getting Electricity”, “Registering Property”, “Getting Credit”, “Protecting Minority Investors”, “Paying Taxes”, “Trading Across Borders”, “Enforcing Contracts”, “Resolving Insolvency”, to impress its people with better business environment, and boost the nation’s global competitiveness.
Transforming Government Services Program
Executive Yuan promulgated the Transforming Government Services Program. By focusing on a foundation of effectiveness, quality, and innovation, additionally, incorporating a core spirit of “fairness,” “participation & cooperation,” and “openness & transparency” into the Program, directing the government agencies to promote citizen-oriented services and impel government services to an overall enhancement in efficiency.
Strategic Plan for National Spatial Development
Functional orientation of the plan: 1. The basic policy and goal of national spatial development 2. Solution-oriented planning 3. The root of reasonable allocation of spatial resources Major Contents: 1. Spatial development vision 2. Policy guidelines for national Spatial development 3. National Spatial structure and development concepts 4. Spatial governance and plan execution
Streamlining the Supervision and Evaluation Operations of Government
With the launch of the streamlining and relaxing, NDC will, at the same time, implement accompanying measures, such as promoting the establishment of autonomous management capability, establishing risk warning mechanisms and using on-site inspection by agencies so that supervision and evaluation has an administrative support function.

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