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May 29, 2017

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Ma considers Shih and Yiin for future posts: Presidential Office

TAIPEI, Taiwan -- The Presidential Office confirmed that President Ma Ying-jeou is considering asking outgoing Minister of Economic Affairs Shih Yen-shiang (施顏祥) and Council for Economic Planning and Development (CEPD) Minister Yiin Chii-ming (尹啟銘) to serve in different capacities in the future, CNA reported yesterday.

In this wave of Cabinet reshuffles, Shih and Yiin have already been given roles as presidential advisors, and the Presidential Office revealed that it is also weighing how to utilize each man's economic expertise.

Ma has personally thanked Shih and Yiin for their tireless and whole-hearted dedication in the service of government, the Office said.

Officials from the president's office have said that Shih took office as the 2008 financial crisis hit, and he managed to stabilize the situation with the Cabinet's financial team, even handing in a stellar 10.88-percent GDP growth report card in 2010. Among Shih's accomplishments were assisting Premier Chen in implementing the "Economic Power-up Plan," helping last year's unemployment rate decline to a four-year low of 4.24 percent. The monitoring indicator light turning green is also due partly to his efforts, according to Presidential Office members, the CNA said.

With regards to Yiin, officials said that his academic and service records are both impressive. Yiin has an MBA from National Chengchi University and has worked from the bottom up in the public sector. Positions he's held include CEPD technician, technical specialist, director and director-general of the MOE's Industrial Development Bureau, vice-minister for the Ministry of Economics, economic minister and minister without portfolio. Throughout his tenure across these positions, he as left an indelible mark on Taiwan's economic growth and contributed greatly, officials said.

Yiin's participation in developing the Economic Cooperation Framework Agreement (ECFA), a trade liberalization package between Taiwan and the mainland, is among major accomplishments while Yiin served as economic minister. He also directed and arranged follow-up efforts to implement the ECFA, and his contributions to deepening cross-strait economic exchange as well as Taiwan's integration into the regional economy are major accomplishments, officials said.

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