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President Lai Ching-te delivered a speech on Wednesday to mark the second anniversary of his presidency. In it, he outlined three priorities for his administration: safeguarding Taiwan’s democratic way of life, maintaining peace and stability across the Taiwan Strait, and promoting economic development. Lai emphasized that despite shifting global conditions and a political gridlock in the legislature, Taiwan will not back down and will continue moving forward with democracy, peace, and prosperity as its guiding principles. Let’s hear from the president.

Lai Ching-te
President
Our path these past two years has been far from easy to traverse. The global landscape is shifting rapidly. The ruling and opposition parties here at home hold different visions for our nation’s direction. This has led to an unprecedented deadlock in our legislature. Democracy is not a gift that falls from the heavens. Taiwan’s future cannot be decided by forces outside our borders, nor can it be held hostage by fear, division, or short-term gain. Taiwan’s future must be determined together by our 23 million people. Taiwan is a responsible member of the international community – not a destabilizer. Taiwan is willing to engage in healthy and orderly exchanges with China, however, we firmly reject united front tactics that package unification as peace. We pursue stability, but will not sacrifice our sovereignty or our democratic way of life. This is Taiwan’s bottom line.

Lai also announced a new national population strategy to address Taiwan’s declining birthrate. The plan will provide a monthly cash handout of NT$5,000 to each family for every child and teenager between zero and 18. Part of the money will be deposited into a "Children’s Future Account," allowing kids to have a financial foundation for education or starting a business once they reach adulthood.

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