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JCCI White Paper: Planning a New Vision for Taiwan-Japan Cooperation
Minister of the National Development Council (NDC) Liu Chin-Ching accepted the "2024 White Paper" issued by The Japanese Chamber of Commerce and Industry Taipei (JCCI) on behalf of the government on October 4th. JCCI affirmed the NDC’s facilitation of exchanges of opinions between the chamber of commerce and various ministries, allowing the suggestions in the white paper to be resolved or make progress.

Minister Liu also expressed gratitude to JCCI for recognizing the progress made on white paper issues promoted by various ministries. He emphasized that the government is committed to enhancing the business environment, and JCCI's suggestions serve as important policy references for various ministries. The 2024 White Paper, themed "Suggestions for the Development and Realization of Seamless Economic Cooperation between Taiwan and Japan," offers valuable recommendations on negotiating and signing an economic partnership agreement, deepening industrial cooperation, optimizing the investment environment, and attracting top talent. Many of these align with current government policies or are in line with future policy goals and directions.

In the area of negotiating and signing an economic partnership agreement to improve the investment environment and ease of doing business, Minister Liu thanked the Japanese government and JCCI for their public support of Taiwan's international participation. He expressed hope that this support will continue, especially regarding Taiwan’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and that it will promote the signing of a bilateral economic and trade agreement or memorandum of cooperation (MOU) between Taiwan and Japan. Both countries, driven by innovation economies, share a strong foundation for cooperation in sectors like semiconductors and AI. By further connecting their industrial development and deepening links in four key areas—international markets, global funds, deep tech collaboration, and advanced technical talent—Taiwan and Japan can expand the results of their cooperation, effectively stabilize substantive bilateral economic and trade relations, and work together to build a more resilient and secure supply chain.

In terms of taking advantage of business opportunities from industrial trends and promoting cooperation by important industries in Taiwan and Japan, the two sides have long-term close economic and trade interactions. Taiwan has recently launched a global Bridge project, with Japan as the first stop for the project; in addition to signing an MOU with Kyoto University to jointly establish a fund to invest in Taiwanese and Japanese companies and cultivate more high-quality teams, the first overseas innovation base (hub) has been set up in Tokyo to bring more exchange and cooperation opportunities to Taiwanese and Japanese startups. During his visit to Japan in September this year, Minister Liu set a precedent by attending a Japan National Press Club (JNPC) joint press conference. In his interview, he emphasized that Japan is a key partner for Taiwan in semiconductor cooperation. He pointed out that Japan leads in areas such as chemicals, materials, and equipment, and when combined with Taiwan’s expertise in semiconductor manufacturing processes, the two nations can jointly build the most robust industrial supply chain.

As the Taiwan government continues to pursue its net-zero goals and advances towards the second phase of its energy transition, it is now entering the third year of promoting this shift. Taiwan plans to invest NT$39 billion this year, with a total investment exceeding NT$900 billion by 2030. The government is focused on diversifying and expanding green energy sources, including hydrogen energy, geothermal energy, and the potential inclusion of green ammonia. Japan, with its extensive expertise in hydrogen energy, carbon capture, and related technologies, is seen as a valuable partner. The hope is that the two countries can enhance technological cooperation and explore shared business opportunities in green growth moving forward.

In terms of industrial talent cultivation and global talent recruitment, the NDC recognizes that talent development is key to future industrial growth. Collaborating with various ministries, it aims to implement short, medium, and long-term strategies under the frameworks of "Enhancing Future National Talent Competitiveness" and "Global Talent Recruitment." These initiatives include global talent recruitment strategies, easing permanent residency requirements for elite talents, providing greater work freedom for overseas compatriots and foreign graduates, and introducing digital nomad visas and one-stop services for foreigners. The goal is to establish an internationally competitive talent recruitment system and improve the environment for retaining global talent in Taiwan for long-term career development. To address the technical manpower shortages across industries, the NDC plans to expand the evaluation criteria for mid-level technical roles and enhance retention of high-quality technical talent through job matching and other support mechanisms.

To end, Minister Liu once again thanked JCCI for its long-term efforts in Taiwan and for offering so many valuable suggestions to the government. The NDC has always acted as a bridge for communication between foreign chambers of commerce and the government. It will continue to implement deregulation, build a better business environment, and collaborate with foreign chambers of commerce to seize new opportunities for economic prosperity.
 
Contact person: Acting Director Sandy Wu, Department of Regulatory Reform
Contact Number:(02)2316-5973
 

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    1. JCCI White Paper Planning a New Vision for Taiwan-Japan Cooperation
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