Cho Jung-tai: If Legislative Yuan Passes Executive Yuan's Version of Finance Allocation Act, it Can Alleviate Local Burdens
Premier Cho Jung-tai stated during a visit to Matsu that if the Legislative Yuan re-examines and passes the Executive Yuan's version of the Finance Allocation Act revision, it could alleviate financial pressure on local governments. He cited the Matsu Distillery's second factory expansion as an example, emphasizing the importance of local development and central government support.
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- 📰 Published: May 1, 2026 at 20:56
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Central News Agency
(Central News Agency reporter Pan Hsin-tung, Lienchiang County, 1st) Premier Cho Jung-tai said today during an inspection of the Matsu Distillery's second factory new construction project that if the Legislative Yuan can re-examine and pass the Executive Yuan's version of the Finance Allocation Act amendment, it is expected to alleviate the financial pressure on local governments, such as preventing Lienchiang County Government from incurring large debts to build Matsu Distillery's second factory.
Cho Jung-tai arrived in Matsu today by special plane to inspect major county projects. The second stop was the Matsu Distillery's second factory new construction project, accompanied by Lienchiang County Magistrate Wang Chung-ming, KMT Legislator Chen Hsueh-sheng, DPP Legislator Chen Pei-yu, and Executive Yuan spokesperson Li Hui-chih, among others.
Wang Chung-ming stated in his speech that Lienchiang County faces financial difficulties and has poor self-financing capabilities, while Matsu Distillery is the economic lifeline of the entire county and a major source of revenue for the county government. After the second factory starts production, its three production lines will yield 3 million liters annually, eight times the current output. He expressed strong confidence in Matsu Distillery's future operations, as Matsu Kaoliang liquor has repeatedly been selected for state banquets and received international awards.
Wang Chung-ming said that he hopes that during the review of the Finance Allocation Act amendment, the Executive Yuan will not solely use population and land area as criteria for allocation calculations. He also appealed for the Matsu Bridge, emphasizing that President Lai Ching-te had approved the comprehensive planning of the Matsu Bridge project during his tenure as Premier, and relevant feasibility assessments had also passed. He hopes the Executive Yuan agrees to its construction, as the bridge will have a profound impact on Lienchiang County's future development and is the aspiration of the Matsu people.
Cho Jung-tai responded in his speech, stating that the current Finance Allocation Act does not consider differences such as population structure and land management costs among various counties and cities. However, the Executive Yuan's version of the Finance Allocation Act can provide more balanced care for all counties and cities, and the sum of general subsidies and allocated tax revenues will certainly not be less than under the current system. He hopes Chen Hsueh-sheng and Chen Pei-yu will provide support so that the Legislative Yuan is willing to re-examine it, giving the Executive Yuan's version of the Finance Allocation Act a chance to see the light of day.
Cho Jung-tai gave an example: the construction cost of Matsu Distillery's second factory, apart from one-third subsidized by the Outlying Islands Development Fund, was largely financed by loans from the Lienchiang County Government, imposing heavy pressure. If the Legislative Yuan re-examines and passes the Executive Yuan's version of the Finance Allocation Act, it is expected to eliminate local financial pressure, allowing the Lienchiang County Government to invest more in the distillery's operations.
Cho Jung-tai emphasized that while Taiwan proper is protected by the Central Mountain Range, outlying islands are only protected by the central government. Therefore, issues such as the construction of the Matsu Bridge and the associated fate of Nangan and Beigan airports can be comprehensively evaluated from a positive perspective. He believes that the domestic maritime engineering team has sufficient capabilities and "does not necessarily need to rely on others." He will continue discussions with Chen Hsueh-sheng in the future, so as not to disappoint the people of Matsu with the central government. (Editor: Li Shuhua) 1150501
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(Central News Agency reporter Pan Hsin-tung, Lienchiang County, 1st) Premier Cho Jung-tai said today during an inspection of the Matsu Distillery's second factory new construction project that if the Legislative Yuan can re-examine and pass the Executive Yuan's version of the Finance Allocation Act amendment, it is expected to alleviate the financial pressure on local governments, such as preventing Lienchiang County Government from incurring large debts to build Matsu Distillery's second factory.
Cho Jung-tai arrived in Matsu today by special plane to inspect major county projects. The second stop was the Matsu Distillery's second factory new construction project, accompanied by Lienchiang County Magistrate Wang Chung-ming, KMT Legislator Chen Hsueh-sheng, DPP Legislator Chen Pei-yu, and Executive Yuan spokesperson Li Hui-chih, among others.
Wang Chung-ming stated in his speech that Lienchiang County faces financial difficulties and has poor self-financing capabilities, while Matsu Distillery is the economic lifeline of the entire county and a major source of revenue for the county government. After the second factory starts production, its three production lines will yield 3 million liters annually, eight times the current output. He expressed strong confidence in Matsu Distillery's future operations, as Matsu Kaoliang liquor has repeatedly been selected for state banquets and received international awards.
Wang Chung-ming said that he hopes that during the review of the Finance Allocation Act amendment, the Executive Yuan will not solely use population and land area as criteria for allocation calculations. He also appealed for the Matsu Bridge, emphasizing that President Lai Ching-te had approved the comprehensive planning of the Matsu Bridge project during his tenure as Premier, and relevant feasibility assessments had also passed. He hopes the Executive Yuan agrees to its construction, as the bridge will have a profound impact on Lienchiang County's future development and is the aspiration of the Matsu people.
Cho Jung-tai responded in his speech, stating that the current Finance Allocation Act does not consider differences such as population structure and land management costs among various counties and cities. However, the Executive Yuan's version of the Finance Allocation Act can provide more balanced care for all counties and cities, and the sum of general subsidies and allocated tax revenues will certainly not be less than under the current system. He hopes Chen Hsueh-sheng and Chen Pei-yu will provide support so that the Legislative Yuan is willing to re-examine it, giving the Executive Yuan's version of the Finance Allocation Act a chance to see the light of day.
Cho Jung-tai gave an example: the construction cost of Matsu Distillery's second factory, apart from one-third subsidized by the Outlying Islands Development Fund, was largely financed by loans from the Lienchiang County Government, imposing heavy pressure. If the Legislative Yuan re-examines and passes the Executive Yuan's version of the Finance Allocation Act, it is expected to eliminate local financial pressure, allowing the Lienchiang County Government to invest more in the distillery's operations.
Cho Jung-tai emphasized that while Taiwan proper is protected by the Central Mountain Range, outlying islands are only protected by the central government. Therefore, issues such as the construction of the Matsu Bridge and the associated fate of Nangan and Beigan airports can be comprehensively evaluated from a positive perspective. He believes that the domestic maritime engineering team has sufficient capabilities and "does not necessarily need to rely on others." He will continue discussions with Chen Hsueh-sheng in the future, so as not to disappoint the people of Matsu with the central government. (Editor: Li Shuhua) 1150501
Stand with the facts, every sponsorship from you is a force to protect press freedom.
Download the Central News Agency "First-Hand News" APP to stay updated with the latest news.
Text, images, and videos on this website may not be reproduced, broadcast, transmitted, or utilized without authorization.
Keywords: