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Key Industries for Investment Promotion

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Key Innovative Industries

To stimulate economic growth, create new momentum for industrial development, and leverage the strengths of domestic businesses, Taiwan’s government, under the principle of “linking with local industries, domestic demand supporting industries, and entering international markets”, has been actively promoting the “5+N Innovative Industries” development program including the smart machinery, biomedicine, Asia Silicon Valley (Internet of Things), green energy, national defense, and circular economy industries, plus advanced semiconductors and other key industries. These plans will kickstart Taiwan’s next-generation industrial growth to achieve its vision of a fully digital economy that has a smart island infrastructure and high-value services and that is nuclear-free, energy efficient and has low carbon emissions.

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