President Lai to Propose NT$100 Billion Plan to Accelerate Transformation of SMEs and Traditional Industries

(CNA, Taipei, May 20) President Lai Ching-te said today that he will propose a NT$100 billion plan to accelerate the upgrading and transformation of small, medium, and micro enterprises and traditional industries, and to have the tech industry drive traditional industries, allowing the nation's development to be further implemented across all trades and industries. President Lai delivered a speech marking his second year in office at the Presidential Office in the morning, accompanied by Vice President Hsiao Bi-khim and Presidential Office Secretary-General Pan Meng-an. President Lai said he will propose a NT$100 billion plan to accelerate the upgrading and transformation of SMEs and traditional industries, and to have the tech industry drive traditional industries, so that the nation's development can be further realized across all professions and trades, in the lives of every family, in the opportunities for all young generations, and in the care for the vast number of laborers, farmers, fishermen, the elderly, and the disadvantaged. (Editor: Yang Lan-hsuan) 1150520