Morris Chang to represent Taiwan at APEC Chile summit

TAIPEI (The China Post/ANN) - President Tsai Ing-wen again named retired business tycoon Morris Chang as Taiwan’s representative to the upcoming leaders’ meeting of the Asia Pacific Economic Cooperation (APEC) in Chile on Nov. 16–17.

Chang is the founder and former chairman of Taiwan Semiconductor Manufacturing Co., the world’s largest semiconductor foundry. This is Chang’s second consecutive appointment as Tsai’s representative to the annual APEC leaders’ gathering, and his third overall as he first attended the summit on behalf of then-President Chen Shui-bian in 2006.

President Tsai Ing-wen announced the decision to send the 88-year-old Chang as an envoy to the annual APEC summit at a press event held in the Presidential Office.

Tsai gave Chang and Taiwan’s APEC delegation two major tasks: share Taiwan’s views on how to strengthen cross-nation economic integration in the digital era and join other economies in enhancing economic growth.

At the same time, Tsai wants Chang to present Taiwan’s resolve and accomplishments in promoting the digital society and smart nation policies in recent years to other participants.

Speaking at the press conference, Chang pointed out that APEC is celebrating its 30th anniversary this year and the emergence of the Internet has drastically changed the economy and people’s way of life over the past three decades.

The 88-year-old tycoon said he will discuss with leaders from other economies how to fully utilize the digital economy to advance people’s welfare and solve problems, as the digital economy has also brought negative impacts to society, such as more serious unemployment problem and inequality of wealth distribution.

Taiwan joined the regional economic forum in 1991, two years after it was established. As a practice, Taiwan’s president does not attend the APEC Leaders Summit due to the organizers' “one China” position.