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Jul 02, 2020

Business Revitalization and Industry Relief Measures

COVID-19 has had a severe impact on all industries and has ushered in a global recession. The Executive Yuan has therefore initiated a relief and revitalization package in two stages to boost the post-epidemic recovery momentum of Taiwanese industries and assist businesses and workers in overcoming the hardship and adversity caused by the COVID-19 epidemic. Taipei City Government has also launched a series of economic revitalization measures in coordination with policies of the central government. These measures aim to expand business opportunities, provide assistance in industrial transformation processes, and support corporate innovation. They also include marketing activities for agricultural produce and floral products and promotion activities for private enterprises. The goal is to buffer the economic impact of the epidemic and achieve the dual goal of combating the epidemic and rescuing the economy through joint efforts of the central and local governments and thereby maximize the effect of available resources.
About the Author:Editing by Huang Nuan-yun, Proofreading by Chen Po-Jung
Editor of Taipeiecon
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