TAIPEI (Taiwan News) — Taiwan is aiming for 4.56% economic growth fueled by AI and investment, National Development Council Minister Yeh Chun-hsiang (葉俊顯) said Tuesday.

Yeh said AI remains at the core of Taiwan’s growth strategy, lifting exports and capital spending, per UDN. He projected per capita GDP at NT$1.33 million (US$42,170), per Tai Sounds.

Yeh said the outlook reflects policy support for consumption, public spending and exports but warned of mounting external risks. Uncertainty over US trade policies, as well as geopolitical tensions affecting supply chains, could weigh on global growth.

He said risks from China also remain significant, citing weak domestic demand and industrial overcapacity that has fueled low-priced exports. Political uncertainty in Beijing could further complicate economic conditions, he added.

Yeh said relevant trade agreement bills will be sent to the Legislative Yuan and warned that delays would hurt investment confidence. Traditional industries account for about 70% of manufacturing employment and would be most exposed if momentum falters, he said.

Meanwhile, the NDC is pressing ahead with its Ten Major AI Infrastructure Projects. Yeh said Taiwan aims to move beyond hardware manufacturing and into AI solutions.

He added that AI could become a new growth engine, helping offset labor shortages and low birth rates while lifting productivity.