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President Lai: Upholding Democracy and Peace, Developing Economy to Build a More Caring Taiwan

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On May 20th, President Lai Ching-te delivered a speech at the Presidential Office marking his two years in office. He stated that over the past two years, the government has consistently upheld a democratic and free way of life, maintained the status quo of peace and stability in the Taiwan Strait, and developed the economy to build a more resilient, competitive, and caring Taiwan. He also announced future policy directions, including maintaining peace through strength, promoting defense reforms, developing key industries like semiconductors and AI, and planning a monthly NT$5,000 growth allowance for citizens aged 0 to 18.

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