Reported 12 months ago
The National Development Council (NDC) officials have identified the imbalance between the traditional industry's slow recovery and the strong performance of AI technology applications as a hidden pressure on the economy this year. They advise both traditional and tech companies to stay vigilant regarding the variables of US consumption, European economy, and Japanese inflation. While high-tech industries continue to thrive, traditional industries are slowly catching up, showing positive signs like inventory reduction, increased production, and improving business climate tests. The NDC emphasizes the impact of the Chinese economy on Taiwan's traditional industries, urging attention to issues like overcapacity and reduced consumption in China. Despite some positive indicators and firm confidence in the economy, uncertainties like global monetary policies and increasing trade conflicts among major countries still pose threats to recovery in the latter part of the year.
Source: YAHOO