President William Lai used his third National Day address on Friday to declare that Taiwan should become a city upon a hill, unveiling a package of cash benefits funded by the island's artificial intelligence-driven boom.
With economic growth projected to top 11% this year, the strongest in 39 years, and Taiwan's IMD World Competitiveness Ranking climbing to fourth place, Lai said the government will distribute an AI dividend of 10,000 new Taiwan dollars to every citizen next year, while raising the old-age pharma allowance, national pension, and six major social welfare subsidies.
He also announced a monthly allowance of 5,000 new Taiwan dollars for every child aged 0 to 18 to counter the falling birth rate, alongside expanded childcare and housing support.
He said Taiwan welcomes US-China dialogue to manage competition, but will not accept any distortion of World War II history.
On energy, he said the government will pragmatically assess all options based on scientific evidence and safety standards, a remark Japanese media read as growing flexibility toward restarting nuclear power.
President William Lai used his third National Day address on Friday to declare that Taiwan should become a city upon a hill, unveiling a package of cash benefits funded by the island's artificial intelligence-driven boom.
With economic growth projected to top 11% this year, the strongest in 39 years, and Taiwan's IMD World Competitiveness Ranking climbing to fourth place, Lai said the government will distribute an AI dividend of 10,000 new Taiwan dollars to every citizen next year, while raising the old-age pharma allowance, national pension, and six major social welfare subsidies.
He also announced a monthly allowance of 5,000 new Taiwan dollars for every child aged 0 to 18 to counter the falling birth rate, alongside expanded childcare and housing support.
He said Taiwan welcomes US-China dialogue to manage competition, but will not accept any distortion of World War II history.
On energy, he said the government will pragmatically assess all options based on scientific evidence and safety standards, a remark Japanese media read as growing flexibility toward restarting nuclear power.
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