Taiwan PM Aims to Boost Growth

Taiwan aims to stimulate consumer spending and spur private investment as part of measures to boost its trade-reliant economy, Prime Minister William Lai said on Tuesday, Reuters reported. Lai, speaking in Taiwan’s parliament, or Legislative Yuan, for the first time since he took office this month, also said the government aims to expand international cooperation and is looking to sign bilateral or multilateral trade agreements. He did not provide details. “I will personally take charge of Taiwan investment expedition project meetings to display the government’s confidence in working diligently on the economy,” Lai said, adding that the government also aimed to encourage private participation in public construction.