Source: Taiwan Zhongshi News Network

Author: Yin Qiming

After the National Development Council announced the promotion of the fruitful results such as the promotion of the "Five Canadian and Erroba Industry Innovation Plan 2.0" in mid -month, the next day the main plan of the Taiwan Executive Yuan announced the decline of 0.86% of the economic growth rate in the fourth quarter of last year.Not only did the end of 26 consecutive growth, but also the largest decrease since the US financial crisis in 2008.In addition, the economic growth rate fell to 2.43%last year, so that the leaders could no longer brag about Taiwan's economic growth into the first of Asia's four dragons.

The economic growth rate of Taiwan in the previous year was as high as 6.53%, mainly from the contribution of output and internal capital formation, and capital formation mainly came from exports to drive private investment.In other words, output is the most important force to drive Taiwan's economic growth.Last year, the contribution of output and capital formation to economic growth has shrunk significantly, which has led to nearly 2/3 of economic growth and retreat to 2.43%.

The economic growth of Taiwan in the previous year reached 6.53%, mainly due to export growth of 29.3%, of which the export of mainland China grew 24.8%, accounting for 43.9%of the total exports, and contributed to 37%to export growth.Last year, the export of mainland exports declined 1.6%, dragged down the growth of Taiwan's exports to 7.4%, and impacted economic growth to 2.43%. Especially in the fourth quarter of last year, it declined by 15.6%to the mainland exports, which prompted Taiwan's exports to a serious recession by 8.6%.

The DPP has been criticizing the Malaysian government in the past. Since the Cai government is in power, the proportion of exports to the mainland has risen from 39%in 2015 to 42.3%in 2021.Fruits; as of last year, the proportion of the proportion dropped to 38.8%, resulting in a decline in total export growth and falling economic growth.Not long ago, the Cai government official said that the export of mainland exports accounted for a high proportion of Taiwan exports, showing that the mainland relied on Taiwan, and refuting that Taiwan relied on the mainland to be overweight.Today, the policy of dynamic clearance due to the epidemic in the mainland last year, the decline in exports of the mainland, has led to a weak growth in Taiwan's economy. Finally, it can be clearly seen that who the economy is relying on and who is!

In the past 21 years, Taiwan's foreign trade surplus surplus is US $ 680.6 billion, of which the trade surplus to the mainland has reached 1.405.2 billion US dollars, which shows that the mainland market is important to Taiwan's economic growth.Positions are limited to cross -strait exchanges.Mainland Taiwanese businessmen are the main body of Taiwan's exports of the mainland, but they do not get any concern of the government. Instead, they have given many unreasonable restrictions. Taiwanese businessmen can only survive and develop on the mainland, like a business -lost enterprise.

The most important market is settled. Over the years, the Tsai government has pushed the so -called "new southbound policy" for many years, trying to diversify the mainland market.But in the past 6 years, huge resources have been made, but it has not been able to achieve significant results.

In 2016, the 18 -way country in Xinnan accounted for 21.2%of Taiwan exports, and the bilateral trade surplus was 22.6 billion US dollars.Last year, the proportion of the 18 countries accounted for 20.3%of the exports of Taiwan, and the trade surplus shrank to $ 12.6 billion, and did not retreat.In addition, in the Malaysian government, a economic cooperation agreement was signed with Singapore and New Zealand, and the new southbound policy had paid a white volume in 6 years.After the implementation of RCEP last year, Taiwan's exports were in a more unfavorable position, showing that the current government's administration was completely failed.

Under the situation where the confrontation between the United States and China is becoming more severe, large American companies are under pressure from the Biden government, asking their foundries to remove the assembly base from the mainland; recently, the supply chain of Taiwan foundry has also been instructed to migrate with customers to migrate with customers.Some upstream component operators organized groups to find suitable production sites by themselves.In order to help its industrial movement, the South Korean government develops industrial parks in Vietnam, and strives to better conditions from the local government to provide domestic enterprises with a stable production base overseas.In contrast, under the slogan of the "New South Follower Policies", the Taiwan government has nothing to do with laziness. A company has a headless fly and turbulent everywhere.

In the Malaysian government era, economic policies have positioned Taiwan as "Global Innovation Center, Asia -Pacific Economic and Trade Hub, and Taiwan Business Headquarters."The so -called Taiwanese business headquarters means assisting Taiwanese businessmen to use Taiwan as a base for supporting their overseas talents, funds, technology, and management.Taiwan becomes the root of Taiwanese businessmen, providing Taiwanese businessmen to work hard.However, under the governance of the Tsai government, the enterprise will only be used as a withdrawal machine. Last year, the government tax was levied nearly NT $ 495 billion (about S $ 21.6 billion), of which 60%came from the income tax of the enterprise's profit business, but the development of the enterprise was not paid.Wen asked, as soon as Taiwanese businessmen invested overseas, it was as if breaking the root. No wonder the government would lose its hearts.

(the author is the former chairman of the Taiwan Economic Construction Council and the former Economic Minister)