Taiwan launches association to boost digital economy

Taiwan launches association to boost digital economy (Courtesy of Michelle Lin’s office)
Taiwan launches association to boost digital economy (Courtesy of Michelle Lin’s office)

TAIPEI (TVBS News) — The Democratic Progressive Party (DPP) legislator Michelle Lin (林楚茵) on Tuesday (June 11) launched the "Taiwan Parliamentary Association for Digital Technology and the New Economy Industry(台灣國會數位科技與新經濟產業交流促進會)," with several cross-party legislators serving as vice presidents. This initiative aims to bolster support for the digital technology and new economy sectors.

Lin highlighted Taiwan's significant role in the global digital economy and expressed hope that the association would enhance cooperation and communication between the government and the industry. She also mentioned the successful amendment of the Securities Investment Trust and Consulting Act (投信投顧法) during the last session, which now requires real-name registration for online investment advertisements to prevent fraud from the source of the advertisers' funding.

Future Plans Unveiled

During the meeting, the association unveiled its five major action plans. These include "Talent Transformation and Regulatory Adaptation in the AI Era," "Promoting Exchange between Taiwan and International Digital Economy Industries," "Implementing Safe Digital Transactions to Enhance National Financial Literacy," "Cultivating Digital Media Literacy Among the Public," and "Planning for Smart Cities and Transportation Policies."

Vice President and DPP legislator Hsu Chih-chieh (許智傑) emphasized the importance of integrating digital tools into Taiwan's robust electronics and semiconductor industries. This move is seen as crucial for the transformation and upgrading of the manufacturing sector.