Premier Chen Vows to Help Upgrade Traditional Industries

Taipei, March 20, 2012 (CENS)-- Premier Sean C. Chen kicked off late last week his first factory stay in Yunlin, central Taiwan, and vowed to help upgrade traditional industries, including textile and metal processing, which cluster in southern Taiwan.

Chen indicated that the combined annual production value of Taiwan’s textile and metal industries reaches NT$1.25 trillion (US$41.67 billion), and both have been playing important roles in Taiwan’s exports.

To cope with the impact of the recent implementation of the free trade agreement (FTA) between the United States and South Korea, Taiwan has to upgrade traditional industries with technologies, fashionable & innovative concepts, and eco-friendly manufacturing processes.

Local manufacturers hoped that the government can help them solve labor shortage problem and acquire cheap industrial land so that they can lower manufacturing cost to stay competitive in the world arena. Chen promised to take the issues back to related government units for further study.