Industrial Development Administration, Ministry of Economic Affairs

To promote the globalization of Taiwan's industry and promote digital talent transformation, The American Institute in Taiwan (AIT), in cooperation with the Industrial Development Bureau, co-hosted the firsta large-scale 1st Annual Talent Circulation Summit on November 5 at the Nangang Exhibition Center. AIT Director Christensen, Taiwan Vice President Chen, TSMC Founder Morris Chang and Minister of Economic Affairs Shen delivered the keynote addresses regarding the talent circulation between the United States and Taiwan. Starting next year, talent exchanges with the U.S. will be further developed further, and a cross-border talent pool established, featuring highly -skilled professionals proficient in digital technology and connected globally. The goal of the talent circulation efforts is to foster 425 talent exchanges within five5 years to establish our assets in human capitals and expand Taiwan's international presence in the process.

More than 30 internationally renowned leaders and experts were are invited to discuss the talent circulation and digital transformation. There were mMore than 1,200 participants joined the summit.

Minister Jong-Chin Shen from of the Ministry of Economic Affairs said that The Talent Circulation Alliance (TCA) is a public-private partnership that facilitates the circulation of talent between Taiwan and like-minded partners. It will bring together global leaders in the public and private sectors including the U.S. Small Business Administration (SBA) , American Chamber of Commerce, National Development Council, Ministry of Science and Technology, and Ministry of Education to promote talent circulation altogether. The talent circulation expected to develop the most important talent assets in a five-year period to replicate showcase Taiwan’s success in this area. The alliance between the United States and Taiwan, now is in itsthe first phrase,. In the future, this collaboration model will attractlike other like-minded countries from all over the world to enhance Taiwan's talent assets, drive the economic growth, upgradeing the industry, and enhance Taiwan's Taiwan’s international influence.