The Presidential Office yesterday defended President Ma Ying-jeou’s (馬英九) “6-3-3” economic policy, saying it was announced before the global economic downturn, that Ma had not abandoned it and that it would apply until 2016.
Presidential Office Spokesman Wang Yu-chih (王郁琦) said that the administration would strive to achieve its goals in spite of the global economic slump.
“2016 is the year by which we plan to achieve all three goals. It does not mean that we have to wait until 2016 to accomplish them all,” he said. “As long as the global economy recovers, it is possible that we can achieve some of the goals earlier.”
Wang made the remarks in response to media inquiries about Ma’s comments that his “6-3-3” campaign pledge was unlikely to be realized anytime soon, but he hoped it could be achieved by 2016 — the end of a possible two terms in office.
The “6-3-3” economic policy refers to the goal of achieving annual GDP of 6 percent, annual per capita income of US$30,000, and an unemployment rate of less than 3 percent.
During an interview with the Mexican daily Sol de Mexico on Aug. 26 — the Chinese transcript of which was released by the Presidential Office on Wednesday — Ma said it would be difficult to reach the goal of 6 percent GDP now or within the next year because of the state of the global economy.
Wang yesterday said that Ma’s remarks were intended to bring to the public’s attention the deterioration of the global economy and to advise people to brace themselves for further economic difficulty.
Amid calls for Ma to reshuffle his Cabinet and to apologize for failing to deliver on his election promises, Wang refused to comment.
“We will do our best to reach the goals,” he said.
Wang said that Ma made more than 400 campaign promises and each has its own timetable.
Using the weekend cross-strait charter flights, the increase in the number of Chinese tourists visiting Taiwan and the expansion of the “small three links,” Wang said the administration had made good on its promise to implement them in July.
The “i-Taiwan 12 construction projects,” however, were an eight-year project, he said.
It was a misunderstanding that none of Ma’s election promises could be accomplished before 2016, Wang said.
When asked whether Ma would keep the promise he made during a presidential debate that he would donate half of his salary if he failed to reach the “6-3-3” goals by the end of his first term in office, Wang said that Ma had been referring to the goal of reaching US$30,000 annual GDP per capita by 2016 rather than all of the “6-3-3” goals by 2012.
Minister Without Portfolio Chen Tian-jy (陳添枝) said yesterday that the government did not view the recent slump in the domestic stock market as a signal of an economic downturn, but that the government would keep an eye on future fluctuations in stock prices.
The government would act should the stock market continue to fall “for abnormal reasons,” Chen told a press conference following the weekly Cabinet meeting, but he did not elaborate on what measures could be taken.
He said the decline in the stock market was a result of adjustments in the international funds’ portfolios following the US subprime mortgage crisis and not a loss of confidence in the economy.
Ma’s recent remarks that it would take eight years to achieve the “6-3-3” campaign pledge was the reason behind the recent slump in prices, Chen said.
Chen said that in the economic White Paper published during the presidential campaign, Ma vowed to invest NT$3.9 trillion (US$122.46 billion) over eight years in order to create 120,000 new job opportunities a year and push the growth rate up to 6 percent.
In the white paper, Ma said that his economic proposals would raise per capita income to US$20,000 by 2011 and to US$30,000 in 2016 and would reduce the unemployment rate to below 3 percent in four years, Chen said.
When questioned by Democratic Progressive Party (DPP) legislators William Lai (賴清德) and Wong Chin-chu (翁金珠) in the legislature’s plenary session on May 30, Premier Liu Chao-shiuan (劉兆玄) said that the Cabinet would resign if it could not achieve the goals in four years.
Executive Yuan Spokeswoman Vanessa Shih (史亞平) said that the Cabinet would make every effort to implement Ma’s economic policies.
Meanwhile, DPP legislators criticized Ma, saying that he had cheated voters and should apologize for failing to deliver and reshuffle his Cabinet.
“When Ma proposed his ‘6-3-3’ policy, he did not say that it would take eight years to accomplish. As a presidential term is four years, people expected results within four years,” DPP legislator Chai Trong-rong (蔡同榮) said at a press conference.
“The people voted for Ma hoping for a better economy, but now that dream has gone. Instead Taiwan is facing economic regression and the government has no way to solve it,” DPP Department of Culture and Information Director Cheng Wen-tsang (鄭文燦) said.
Ma owes the public an apology, the DPP caucus said, adding that he should consider naming a new premier capable of delivering on his campaign promises.
Chinese Nationalist Party (KMT) legislators defended Ma.
KMT caucus Secretary-General Chang Sho-wen (張碩文) said Ma did not intend to deceive the voters with his “6-3-3” policy and urged the public to give the administration more time.
KMT Legislator Hung Hsiu-chu (洪秀柱) praised Ma’s honesty.
“He modified his promise after realizing that there was a gap between [his] ideal and the reality ... He was facing the reality honestly,” she said.
When asked for comment, KMT Legislator Fu Kun-chi (傅崑萁) expressed confidence Ma would reach his “6-3-3” goals within four to five years, saying that the increase in international crude oil prices and global inflation were expected to fall in the near future.
But KMT Legislator Ting Shou-chung (丁守中) said Ma should consider replacing Premier Liu Chao-shiuan (劉兆玄) if his goals were not reached in four years.
CLASH OF WORDS: While China’s foreign minister insisted the US play a constructive role with China, Rubio stressed Washington’s commitment to its allies in the region The Ministry of Foreign Affairs (MOFA) yesterday affirmed and welcomed US Secretary of State Marco Rubio statements expressing the US’ “serious concern over China’s coercive actions against Taiwan” and aggressive behavior in the South China Sea, in a telephone call with his Chinese counterpart. The ministry in a news release yesterday also said that the Chinese Ministry of Foreign Affairs had stated many fallacies about Taiwan in the call. “We solemnly emphasize again that our country and the People’s Republic of China are not subordinate to each other, and it has been an objective fact for a long time, as well as
‘CHARM OFFENSIVE’: Beijing has been sending senior Chinese officials to Okinawa as part of efforts to influence public opinion against the US, the ‘Telegraph’ reported Beijing is believed to be sowing divisions in Japan’s Okinawa Prefecture to better facilitate an invasion of Taiwan, British newspaper the Telegraph reported on Saturday. Less than 750km from Taiwan, Okinawa hosts nearly 30,000 US troops who would likely “play a pivotal role should Beijing order the invasion of Taiwan,” it wrote. To prevent US intervention in an invasion, China is carrying out a “silent invasion” of Okinawa by stoking the flames of discontent among locals toward the US presence in the prefecture, it said. Beijing is also allegedly funding separatists in the region, including Chosuke Yara, the head of the Ryukyu Independence
GOLDEN OPPORTUNITY: Taiwan must capitalize on the shock waves DeepSeek has sent through US markets to show it is a tech partner of Washington, a researcher said China’s reported breakthrough in artificial intelligence (AI) would prompt the US to seek a stronger alliance with Taiwan and Japan to secure its technological superiority, a Taiwanese researcher said yesterday. The launch of low-cost AI model DeepSeek (深度求索) on Monday sent US tech stocks tumbling, with chipmaker Nvidia Corp losing 16 percent of its value and the NASDAQ falling 612.46 points, or 3.07 percent, to close at 19,341.84 points. On the same day, the Philadelphia Stock Exchange Semiconductor Sector index dropped 488.7 points, or 9.15 percent, to close at 4,853.24 points. The launch of the Chinese chatbot proves that a competitor can
‘VERY SHALLOW’: The center of Saturday’s quake in Tainan’s Dongshan District hit at a depth of 7.7km, while yesterday’s in Nansai was at a depth of 8.1km, the CWA said Two magnitude 5.7 earthquakes that struck on Saturday night and yesterday morning were aftershocks triggered by a magnitude 6.4 quake on Tuesday last week, a seismologist said, adding that the epicenters of the aftershocks are moving westward. Saturday and yesterday’s earthquakes occurred as people were preparing for the Lunar New Year holiday this week. As of 10am yesterday, the Central Weather Administration (CWA) recorded 110 aftershocks from last week’s main earthquake, including six magnitude 5 to 6 quakes and 32 magnitude 4 to 5 tremors. Seventy-one of the earthquakes were smaller than magnitude 4. Thirty-one of the aftershocks were felt nationwide, while 79