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August 20, 2017

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Chen to speak at U.S.-ROC conference

The U.S.-ROC (Taiwan) Business Council announced yesterday that President Chen Shui-bian will speak via live teleconference at the council's upcoming plenary session in the United States.

To be held on Sept. 18 in Boston, President Chen will reportedly address the current state of affairs in Taiwan and the prospects for reform. Issues concerning the island's current economic situation has been at the forefront of the news in recent days as Taiwan teeters perilously close to a recession.

"There can be no doubt that the challenges faced by Taiwan are, at present, very significant with slowing growth, badly needed financial reform and an economy that is integrating with [mainland] China but with little government direction or support," said Rupert Hammond-Chambers, president of the U.S.-ROC (Taiwan) Business Council.

Held alternatively between Taiwan and the United States each year, the conference is the highest-level meeting between the two economies and attracts around 500 corporate leaders and government officials from both Taiwan and the U.S.

Hammond-Chambers went on to further say that this year's conference will take a close look at the future of Taiwan's biotechnology industry and provide an in-depth look at Taiwan's capital markets and e-financial services, in addition to its main focus of information technology, defense and aerospace industries.

Minister of State Tsay Ching-yen, Chen Po-chih, chairman of the Council for Economic Planning and Development (CEPD), and Mao Chi-kuo, chairman of Chunghwa Telecom, will speak to the council concerning the IT sector.

Chintay Shih, president of the Industrial Technology Research Institute (ITRI), Benny Hu, director of the China Development Industrial Bank, and Sunney Chan, vice president of the Academia Sinica, will lead the biotechnology sessions during the conference.

Major General Huang Chin-kang, director of the Defense Procurement Division of the Taipei Economic and Cultural Representative Office, Dr. David Chu, director of the Committee for Aviation and Space Industry Development, and Willy Peng, vice chairman of the Aerospace Industrial Development Corp. will address the topic of defense and aerospace industry and its relationship with the United States.

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