2014 National Development Plan(Briefing)

Implementation Review of the 2014 National Development Plan


Implementation Review of the 2014 National Development Plan (Summary)

The Implementation Review of the 2014 National Development Plan is aimed at analyzing the international economic situation and issues and reviewing the overall domestic economic situation, development objectives, and the implementation results of major development policies in 2014. The key points of the review are the following:

  1. Overall economic performance

    In 2014, the global economic situation continued to move in a positive direction, giving a boost to Taiwan’s exports, and the domestic economy recovered steadily along with the continuous increase in domestic industrial production, the improvement of the employment situation, as well as the notable expansion of consumer expenditure. Targets were achieved for all the main macroeconomic indicators.

    In 2014, Taiwan’s economic growth rate was 3.77%, topping its fellow Asian Tigers. The CPI rose by 1.20%, the second lowest in the last four years. The labor force participation rate was 58.54%, the highest since 1996. The unemployment rate was 3.96%, falling below 4% for the first time in the last seven years.

  2. Review of national development indicators

    A total of 103 indicators, encompassing the economic, social, environmental, and infrastructure development aspects, were set for measuring the administrative performance and outcomes of the government in 2014. Targets were achieved for 85 indicators, accounting for an achievement rate of 82.5%, up on the 78.3% of 2013. Among them, the achievement rate was the highest for the economic indicators, at 83.9%.

  3. Main policy achievements

       (1)Vigorous Economy

  • Promoting the Product Export Transformation Action Plan by re-deploying key exporting markets. In 2014, exports and export orders amounted to US$313.8 billion and US$472.8 billion, respectively, both record high.

  • Increasing benefits of key industrial intellectual properties and generating economic benefit of NT$38.2 billion.

  • Conducting global business solicitation, attracting investment of NT$148 billion, and encouraging Taiwanese businesses to return to Taiwan to invest, with a total investment of NT$54 billion.

  • Accelerating development of emerging industries and increasing the real output to 17.1% of the total manufacturing industry.

  • Promoting employment, raising basic wages, promoting the Integrated Program to Cultivate, Retain, and Attract Talent, strengthening international linkage of talent, and cultivating professionals with global mobility.

       (2)Just Society

  • Promoting the Subsidy Plan for Local Industry Development Fund. As of the end of 2014, the plan has brought about the development of 11,228 enterprises, creating employment for 134,043 people.

  • Promoting the business registration management system of the food industry and strengthening the management of raw materials and additives of food products.

  • Implementing national health insurance reforms and promoting the Pay-for-Quality Plan. The total number of people being cared for reached 891,000.

  • Improving the long-term care services system, raising the percentage of the incapacitated elderly being served by the system to 33.2%.

  • Improving the real estate taxation system and establishing the combined income tax system on housing and land sales transaction.

  • Implementing the Indigenous Employment Promotion Program, reducing the unemployment rate of Taiwan’s indigenous peoples to 4.08%.

       (3)Clean & Competent Government

  • Conviction rate for corruption cases in 2014 was 70.3%.

  • Implementing the Comprehensive Promotion Program on Public Services Process Reform for streamlining government services.

  • Proactive deregulation. In 2014, in response to suggestions from foreign chambers of commerce and the Chinese National Federation of Industries, more than 140 issues were coordinated through the deregulation platform with a number of concrete results achieved.

       (4)Quality Culture & Education

  • Accelerating the international expansion of cultural and creative industries, assisting in the research and development of more than 530 cultural and creative products, and enhancing the value of the cultural and creative industries.

  • Implementing the 12-year quality compulsory education and promoting quality-harmonized senior and vocational high schools, raising the percentage of quality schools to 86.6% in 2014.

  • Actively implementing the White Paper on Human Resources Development and establishing the associated performance management system to strengthen the effectiveness of implementation.

       (5)Sustainable Environment

  • In 2014, Taiwan’s green energy industry had output value of NT$488.4 billion and employed 69,700 people.

  • Implementing the Green Energy and Low Carbon Master Plan for an estimated reduction of carbon emissions by 4.91 million tons.

  • Continuously expanding the capacity of electricity-generators powered by renewable energy for an estimated annual reduction of carbon emissions by 5.15 million.

  • Strengthening flood control. The completion rate of flood prevention facility of river projects under Central Government jurisdiction has increased to 79.38% and of regional drainage facility to 74%.

       (6)Comprehensive Development

  • Continuously implementing the Taoyuan Aerotropolis Project by completing the preparatory work on starting the construction planning of the 3rd Terminal.

  • Four container docks of the Kaohsiung Port Intercontinental Container Terminal Project - Phase I completed and in operations.

  • Completing the Songshan Line of Taipei MRT, Huatung Railway Electrification, and the Yuanlin urban railway elevation project; and laying 13,500 kilometers of broadband cable by the end of 2014.

       (7)Cross-Strait Peace

  • Signing the Cross-Strait cooperative agreement on meteorology and the Cross-Strait cooperative agreement on seismological monitoring; and holding the Cross-Strait Agreement Result and Review Meeting twice for jointly reviewing how agreement implementation can be strengthened.

  • Holding the first meeting between the heads of Taiwan’s and China’s competent authorities for cross-strait affairs and establishing a normalized communication and contact mechanism between the Mainland Affairs Council and the Taiwan Affairs Office of the State Council, PRC.

       (8)International Amity

  • Signing 66 trade-related agreements with counties with which Taiwan does not have diplomatic relations, including the Memorandum of Understanding on Health Product Management Cooperation between the Manila Economic and Cultural Office (MECO) in Taipei and the Taipei Economic and Cultural Office (TECO) in the Philippines.

  • Obtaining visa exemption (landing visa) status for citizens of Taiwan from five more countries, taking the number of countries (regions) giving visa exemption (landing visa) or other visa convenience measures to citizens of Taiwan to 140.

  • Promoting tourism with an emphasis on quantity and quality. In 2014, 9.91 million people visited Taiwan from overseas, up by 24% on the previous year, making Taiwan one of the world’s top (ranking 2nd) tourist destinations and creating foreign currency revenue of NT$ 437.6 billion.

  • Related File(s)
    1. Implementation Review of the 2014 National Development Plan
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