dc.description.abstract | According to Bloomberg News, China′s relatively low wages and trade globalization have prompted Taiwan’s enterprises to move their factories to China, and Taoyuan has suffered greatly for a long time. However, as trade negotiations between the United States and China do not go well, and tension between the two sides has increased, Taiwan′s large technology companies have now moved some of their production lines back to Taiwan. Taoyuan city is the first choice for many businesses.
Since the beginning of Sino-US trade, other countries pay highly attention to its progress. During the period, foreign enterprises and Taiwan businessmen which set up factories in China have looked for new locations in Asia. Countries in Southeast Asia have offered preferential investment policies, actively engaged in attracting investment. The economic and ecological structure has changed and increased employment opportunities. In Taiwan, county governments and municipal governments have also actively pursued several business promotion strategies to cope with this trend. They are looking forward to receiving favorable attention from Taiwanese businessmen, increasing investment, and creating employment opportunities. As the Ministry of Economy approves the Taiwanese businessmen′s investment action plan, the number of examined and approved cases of return has increased to 174 on March 17, 2020, with a total investment of about NT$7,194 billion. It is estimated that about 59,457 employment opportunities will be created in the country, and the total investment in Taoyuan city will reach NT$1,546 billion. It is predicted that about 19,402 employment opportunities will be created, accounting for a quarter of the total investment.
The outbreak of pneumonia in Wuhan, China, has expanded and has spread to the major towns where Taiwanese businessmen locate, Guangzhou and Shenzhen. The outbreak may accelerate their return to Taiwan. The long-planned Taoyuan Aviation City plan has been examined and approved by the central authority. It is estimated that Taoyuan will own 287 hectares of industrial land in the first half of 2020. Besides, it also plans to develop nine industrial parks. The other five countries in Taiwan are also actively engaged in the planning of investment promotion strategies. They review Taoyuan′s existing incentive policies and incentive provisions carefully to have a better understanding of how can they lead the industry and win the first step.
To encourage enterprises to invest in Taoyuan, Taoyuan enacted the "Taoyuan City Industrial Development Autonomy Regulations" in 2016. It has been in force for more than four years. In line with the situation of global industrial development and the competition of investment in various counties and cities in Taiwan, as well as the problems encountered in the enforcement of certain laws and regulations during the implementation period, such as how to enhance the promotion of concessions, how to attract smart industries to enter the market and to promote the upgrading of the traditional industries in Taoyuan, encourage the employment of local workers, and other industrial policies, which are the main considerations for amending the law.
The division of powers between the central and local governments in Taiwan has always been an issue. Therefore, how can local government, within its autonomy, increase the incentives and utilize limited resources on priorities is one of the main points of this thesis. As the old saying goes, “Know the enemy and know yourself; in a hundred battles you will never be in peril.", researching and analyzing the incentive policies and regulations of competitions is necessary for amending the law. This paper has studied and analyzed the investment incentive regulations of a domestic and foreign government as a reference for amending the law. | en_US |