DPP Presidential Candidate Tsai Ing-wen Emphasizes Domestic Demand and Sports Budget

DPP Presidential Candidate Tsai Ing-wen Emphasizes Domestic Demand and Sports Budget
Photo Credit: AP/達志影像
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Tsai stresses that sport is an important national strategy and one of the most fundamental cores of education. It also holds high value, trains professionals and provides job opportunities.

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On September 7, DPP presidential candidate Tsai Ing-wen said at an event held by the Republic of China Senior Jaycees Club that to get rid of the myth that the market of domestic demand is too small, the government should guide investments, procurements and suppliers. Taiwan will be less affected by the international economy if the market makes developments.

Apple Daily reports, Tsai Ing-wen says in her speech, “Politicians should sit down and talk. They need to restrain themselves and find a way to solve things through communicating with others. The process of fixing a problem is what’s most important and it should bring the society closer together instead of breaking it further apart."

CNA reports, she says that the DPP policy of bringing daycare, long-term care and employment together is to let the caring industry become one that communities become involved in.

Tsai believes that the caring industry is also a kind of domestic demand that is worth developing. In the past, domestic demands were often neglected because Taiwan is an economy that relies on export. There is also a myth that the market for domestic demand is too small, so we keep on developing products clients overseas desire and neglect the needs of the Taiwanese.

UDN reports, Tsai also says the solution to solving the problem of domestic demands can also be exported in the future and become a part of export competitiveness. Balancing domestic demands and export is how the economy of Taiwan can become healthier and transform faster.

Therefore, Tsai says she will put the focus of public investment for the next ten years on smart cities, urban renewal, renewable energy development and upgrades of water and power supply facilities. This also includes the establishing of social housing and care facilities.

Newtalk reports, Tsai says the government’s current annual sports budget is around NT$ 80 billion. This amount is very low and she will encourage enterprises to invest in and sponsor sports. Tsai hopes to set a target that the sports budget will increase after eight years.

Tsai stresses that sport is an important national strategy and one of the most fundamental cores of education. It also holds high value, trains professionals and provides job opportunities. In addition, it can unite people’s sense of identity and pride.

Tsai says there is a chain of job opportunities to sports itself. Take Korea for example. The country vigorously develops the sports industry and made a profit of KRW$ 3.9 trillion in 2010. Korean athletes have emerged in many international competitions and has not only made Koreans proud whenever the topic of sports comes up but also let the culture of exercising flourish.

Translated by Olivia Yang

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