Ministry of Economic Affairs Holds First Industry Advisory Meeting; Industry Calls for Generous Power Capacity Estimates
Taiwan's Ministry of Economic Affairs held its first Economic and Industrial Development Advisory Meeting on June 12. Minister Kuo Ming-hsin stated the goal of promoting co-development across all industries through semiconductors and AI. Industry representatives called for generous power capacity estimates, a review of the Air Pollution Control Act amendment, talent development, and restoration of drone budgets.
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- 📰 Published: June 12, 2026 at 16:07
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(Central News Agency, Taipei, June 12) The Ministry of Economic Affairs (MOEA) held its first Economic and Industrial Development Advisory Meeting today. MOEA Minister Kuo Ming-hsin stated that he hopes to promote the co-development of all industries, both domestically and internationally, through semiconductors, AI, and alliances. In response to the wave of AI development, industry representatives called for generous estimates of power capacity needs, and the ministry stated that related suggestions will be taken into consideration.
The MOEA held the first meeting of the 115th session of the Economic and Industrial Development Advisory Council today, lasting approximately two hours. Minister Kuo Ming-hsin, along with the two co-conveners of the council, Hsu Sheng-hsiung, Honorary Chairman of the Chinese National Federation of Industries, and Liu Young-way, Chairman of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), explained the key points of the meeting afterward.
Minister Kuo stated that the most frequently mentioned term during the meeting was "all industries" (百工百業), emphasizing that Taiwan should leverage its advantages to enable the co-development of all industries.
He explained that emerging industries can also drive the development of traditional industries. For example, the development of the defense, drone, and robotics industries requires machine tools. This can be achieved by extending the semiconductor supply chain to traditional industries, utilizing AI, and forming alliances or franchises, allowing all industries to "fight together" both locally and abroad.
Minister Kuo mentioned several appeals from the industry. The Chinese National Federation of Industries once again raised the issue of the amendment to the Air Pollution Control Act, which could cause significant difficulties for the industrial sector, urging the Legislative Yuan to consider it more carefully. Some industry associations also raised the issue of talent, noting an urgent need for R&D personnel and hoping to reconsider the mechanism for the R&D Alternative Service. Others mentioned that the deletion of drone-related budgets was regrettable and hoped for a swift restoration.
Regarding power capacity planning, Minister Kuo stated that the industry hopes the MOEA can make generous estimates of power demand to prepare for the future and be more proactive in computing capacity planning. These suggestions have been recorded, and corresponding strategies will be planned in the future.
Hsu Sheng-hsiung praised the MOEA for holding rolling discussions through meetings. He was particularly impressed by the notion that this is an era of "fighting together." He believes that by combining industrial resources and utilizing a "large companies leading small ones" operational mechanism, small and medium-sized enterprises can enhance their competitiveness during development.
Liu Young-way noted that this meeting was very systematic, with related activities every three months and progress reports and discussions every six months. TEEMA proposed using its science parks to lead small and medium-sized enterprises abroad. Currently, TEEMA's science parks are quite popular in the United States, Poland, France, India, and Mexico. He expressed confidence that with the support of the MOEA, these science parks can help small and medium-sized enterprises go global and expand business opportunities. (Editor: Chang Chun-mao) 1150612
The MOEA held the first meeting of the 115th session of the Economic and Industrial Development Advisory Council today, lasting approximately two hours. Minister Kuo Ming-hsin, along with the two co-conveners of the council, Hsu Sheng-hsiung, Honorary Chairman of the Chinese National Federation of Industries, and Liu Young-way, Chairman of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), explained the key points of the meeting afterward.
Minister Kuo stated that the most frequently mentioned term during the meeting was "all industries" (百工百業), emphasizing that Taiwan should leverage its advantages to enable the co-development of all industries.
He explained that emerging industries can also drive the development of traditional industries. For example, the development of the defense, drone, and robotics industries requires machine tools. This can be achieved by extending the semiconductor supply chain to traditional industries, utilizing AI, and forming alliances or franchises, allowing all industries to "fight together" both locally and abroad.
Minister Kuo mentioned several appeals from the industry. The Chinese National Federation of Industries once again raised the issue of the amendment to the Air Pollution Control Act, which could cause significant difficulties for the industrial sector, urging the Legislative Yuan to consider it more carefully. Some industry associations also raised the issue of talent, noting an urgent need for R&D personnel and hoping to reconsider the mechanism for the R&D Alternative Service. Others mentioned that the deletion of drone-related budgets was regrettable and hoped for a swift restoration.
Regarding power capacity planning, Minister Kuo stated that the industry hopes the MOEA can make generous estimates of power demand to prepare for the future and be more proactive in computing capacity planning. These suggestions have been recorded, and corresponding strategies will be planned in the future.
Hsu Sheng-hsiung praised the MOEA for holding rolling discussions through meetings. He was particularly impressed by the notion that this is an era of "fighting together." He believes that by combining industrial resources and utilizing a "large companies leading small ones" operational mechanism, small and medium-sized enterprises can enhance their competitiveness during development.
Liu Young-way noted that this meeting was very systematic, with related activities every three months and progress reports and discussions every six months. TEEMA proposed using its science parks to lead small and medium-sized enterprises abroad. Currently, TEEMA's science parks are quite popular in the United States, Poland, France, India, and Mexico. He expressed confidence that with the support of the MOEA, these science parks can help small and medium-sized enterprises go global and expand business opportunities. (Editor: Chang Chun-mao) 1150612
FAQ
How often will this advisory meeting be held?
Related activities will be held every 3 months, with progress reports and discussions every 6 months.
Who were the main participants?
Top leaders from the government and major industry groups, including Minister Kuo Ming-hsin, Hsu Sheng-hsiung, and Liu Young-way.
What were the main requests from the industry?
Generous power capacity estimates, careful review of the Air Pollution Control Act amendment, securing R&D talent, and restoring drone budgets.