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Lai Outlines Vision for Country in One-Year Anniversary Speech
TaiwanPlus News
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5/20/2025
To mark the first anniversary of his term of office, President Lai Ching-te has delivered a speech laying out his future plans for the country.
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00:00
Tuesday marks one year since Taiwan President Lai Ching-de took office.
00:05
The president took to the podium to lay out what he has in store for the remainder of his term.
00:10
Leslie Liao was at the presidential office to hear Lai's remarks and now joins us live on location.
00:16
Leslie, what were some of the main points in Lai's speech?
00:21
Well, Tiffany, as the saying goes, it's all about the economy.
00:25
President Lai spent a good portion of his speech talking about economic issues,
00:30
saying that Taiwan needs to wean off its reliance of being an export-driven economy,
00:34
but also saying that Taiwan needs to expand into different markets.
00:39
President Lai also said that he'll make Taiwan's interests the highest priority
00:43
in ongoing trade talks between Taiwan and the U.S.,
00:46
and that he's going to establish a sovereign wealth fund.
00:50
Lai also spent a lot of time talking about domestic issues,
00:53
focusing on things like climate change, health care, and social stability.
00:58
He committed to the government's goal of Taiwan becoming a net-zero carbon emitter by the year 2050,
01:03
and he also pledged $33 billion U.S. in investment in Taiwan's green energy sector by 2030.
01:10
On the health care front, Lai says he will continue to support programs like disease control and cancer treatment.
01:17
Lai consistently called for democracy and unity throughout his speech,
01:22
saying that Taiwan's democratic system is one of its most treasured qualities.
01:27
Have a listen.
01:28
I believe no one of a Taiwanese people will forget about life of freedom ofæ°ä¸ģčĒįą.
01:33
No one of a president can be removed from the value of freedom ofæ°ä¸ģčĒįą.
01:38
Now, one topic that was notably missing from Lai's speech is China.
01:45
Lai has made countering Chinese infiltration and strengthening Taiwan's defenses
01:49
against threats from across the strait a priority in his first year in office.
01:54
But he sidestepped that issue in his speech today,
01:59
instead only saying in a question-and-ask session after his speech
02:03
that he's willing to talk to China, but only on equal footing.
02:08
So, Leslie, you said that unity was a big focus of Lai's speech.
02:12
Why is that?
02:13
Well, Tiffany, Lai's one year comes as there are steep, steep divides
02:21
between Taiwan's ruling and opposition parties.
02:24
Most recently, there's a sticking point,
02:27
and that's a 13.5 billion U.S. dollar special budget
02:32
that the ruling Democratic Progressive Party's cabinet wants to pass.
02:37
Initially, this bill was packaged as a response measure
02:41
to U.S. President Donald Trump's potential tariff levies on Taiwan.
02:45
But it has since expanded to include items like defense
02:48
and a 3 billion U.S. dollar subsidy
02:51
for Taiwan's main energy provider, Thai Power.
02:54
And that all ties into President Lai's speech about societal stability.
03:00
But the special budget has since been slapped down by the opposition,
03:04
which holds the legislature,
03:06
particularly because of that 3 billion U.S. dollar Thai Power subsidy
03:10
and amid concerns that Taiwan's recent abandonment of nuclear power
03:15
will exacerbate uncertainties surrounding Taiwan's energy supply.
03:20
But that's why President Lai talked about green energy
03:22
in the domestic part of his speech,
03:25
signaling that, hey, this is the plan,
03:26
I'm going to stick to it, and I'm not going to back down.
03:29
But he was also telling the opposition party,
03:31
make an opposition party, let's talk.
03:37
All in all, Lai's speech gave a clear picture of how he envisions the country's future,
03:55
while steering clear of controversial topics,
03:59
signaling a desire for more unity in his second year in office.
04:05
So China has called Lai a separatist many times during his presidency,
04:09
but the president's speech today seems quite measured and restrained.
04:12
Have we seen any Chinese response?
04:14
So far, not that much, Tiffany.
04:21
Taiwan's defense ministry reported six Chinese warplanes
04:25
and eight naval ships operating close to Taiwan in the 24 hours leading up to this morning.
04:31
But that's all pretty run-of-the-mill for China.
04:34
But Taiwan's military officials are on high alert
04:37
for any increased military activity from across the strait.
04:40
Thanks, Leslie.
04:43
That was Leslie Liao live from outside the presidential office.
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