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Tuesday, February 24, 2026

Premier Cho describes course of Taiwan’s future development

HomeUpdatesPremier Cho describes course of Taiwan’s future development
Premier Cho Jung-tai said during a Lunar New Year gathering Feb. 23 in Taipei City that the Executive Yuan will continue to work with all branches of government to ensure an open, prosperous and safe Taiwan for all.
 
According to Cho, Taiwan’s economy grew 8.63 percent in 2025 thanks to the collective efforts of the people. The expansion, a 15-year high, has been enjoyed across society through the ongoing development of a more equitable social system to share the benefits of such success more broadly.
 
Following President Lai Ching-te’s directives to prioritize policies that promote the economy, people’s livelihood, youth development and care for the disadvantaged, Cho said the government is now setting its sights on the space industry. He discussed the additional focus on further developing Taiwan’s maritime capabilities and cited progress in space technology, defense industry and marine exploration.
 
The premier also said it is important for the EY to engage in active dialogue with the Legislative Yuan to break down barriers, adding that the president would be meeting with him and the presidents of the LY, Control Yuan, Examination Yuan and Judicial Yuan later in the day to review the success of government policies.
 
Cho thanked EY staffers for their contributions and specifically recognized the hard work of the trade negotiation team headed by Vice Premier Cheng Li-chiun and Minister Without Portfolio Yang Jen-ni, especially in light of recent developments regarding U.S. tariff policies. (SFC-E)
 
Write to Taiwan Today at ttonline@mofa.gov.tw

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