Recently, the Taiwan regional government said that it will take measures to support the local auto industry, including the expansion of auto parts exports.
According to the Taiwan Central News Agency, the Taiwan Ministry of Economic Affairs has drafted a guiding plan to promote the export of local spare parts, which is part of the Xinzheng plan of the export rescue plan proposed by the Taiwan Ministry of Economic Affairs in December 2008. In addition, the Ministry of Economic Affairs of Taiwan also stated that Since the outbreak of the economic crisis, local parts suppliers have suffered less damage than their competitors in Europe, the United States and Japan.
From 2005 to 2008, automobile sales in Taiwan fell by more than half, and there is still a downward trend. Local parts suppliers are facing tremendous pressure to survive. Although the Taiwan government has previously introduced a stimulus policy for tax exemption, there has been no significant increase in car sales in 2009.
Now the Taiwan regional government is trying to improve the quality of local parts and components and expand exports. However, the current global auto market is in a downturn, and the expansion of exports is bound to encounter considerable resistance.
According to the Taiwan Central News Agency, the Taiwan Ministry of Economic Affairs has drafted a guiding plan to promote the export of local spare parts, which is part of the Xinzheng plan of the export rescue plan proposed by the Taiwan Ministry of Economic Affairs in December 2008. In addition, the Ministry of Economic Affairs of Taiwan also stated that Since the outbreak of the economic crisis, local parts suppliers have suffered less damage than their competitors in Europe, the United States and Japan.
From 2005 to 2008, automobile sales in Taiwan fell by more than half, and there is still a downward trend. Local parts suppliers are facing tremendous pressure to survive. Although the Taiwan government has previously introduced a stimulus policy for tax exemption, there has been no significant increase in car sales in 2009.
Now the Taiwan regional government is trying to improve the quality of local parts and components and expand exports. However, the current global auto market is in a downturn, and the expansion of exports is bound to encounter considerable resistance.
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