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July 28, 2017

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Government searching for ways to stimulate economy: Premier Chen

The China Post news staff--Premier Sean Chen said yesterday that the government is still refining plans to revive and accelerate economic growth, and expressed hope of presenting the measures to the public as early as possible.

The premier made the remarks when asked by reporters about the people's growing concern over downward adjustments to projected growth targets for the economy.

Chen said that the government is aware of people's high expectations for economic growth in 2012, even amid global economic slowdown and the lingering European financial crisis.

He pointed out that there are divided views about the strategies of stimulating economic growth or exercising austerity measures to cut spending among European nations.

But Chen stressed that the government is inclined to take steps to stimulate economic expansion so that the people can personally feel the effects of the growth and share in the results.

There are many measures under consideration, including developing unique financial services between Taiwan and mainland China.

The details of such plans will have to be worked out after coordination among various government agencies and exchanging views with the business community.

Premier Chen took time to answer reporters' questions after delivering a speech at a training course for senior government employees in Taipei.

He encouraged senior government officials to cultivate international views and accept new challenges to find the best ways to serve the people.

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