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Home::News & MediaPress ReleasesLiberty Times-President’s visit, industry players call for moderate devaluation of Taiwan dollar

Liberty Times-President’s visit, industry players call for moderate devaluation of Taiwan dollar

2015/05/24


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▲ President Ma Ying-jeou (right) visited the CHMER production line and picked up the parts to look at them carefully.

President Ma Ying-jeou visited CHMER Company in Taichung City today. He first visited the production line and then held discussions with the industry. Wang Wuxiong, chairman of CHMER, said that due to the appreciation of the New Taiwan dollar, Taiwan's export value has decreased, and it is recommended that the central bank allow the Taiwan dollar to depreciate moderately to enhance export competitiveness.

Located in Taichung Precision Machinery Park, CHMER is the largest electrical discharge machining machine manufacturer in my country and the fifth largest in the world. President Ma not only visited the production site to learn about the company's research and development results, but also listened to the opinions of the industry.