Preceded by Position established Role Politician Name Kuan Chung-ming | Nationality Republic of China | |
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Alma mater University of California, DavisUniversity of California, San Diego | ||
Kuan Chung-ming (Chinese: 管中閔; pinyin: Guǎn Zhōngmǐn) is a Taiwanese politician and academic. He was the last minister of the Council for Economic Planning and Development from 2013 to 2014 and served as the first minister of the succeeding government agency, the National Development Council (NDC), from 2014 to 2015. He is a Chair Professor in the Department of Finance at National Taiwan University.
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Taiwan's Q1 2013 economic growth
Kuan said in May 2013 that he was surprised at Taiwan's Q1 2013 economic growth rate of 1.54%, way lower than the forecast value of 3.26%. This was due to the low consumption by private sectors in Taiwan. Before the numbers were released, the CEPD aimed for Taiwan to show 4% overall economic growth that year, and to reach the original goal would require 5% economic growth for the remaining quarters of the year. However, investments in private sectors were rising at the time, an indication of a positive economic outlook.
Taiwan's 2013 global competitiveness ranking decline
Commenting on Taiwan's declining ranking as measured by the International Institute for Management Development in the Global Competitiveness Report released at the end of May 2013, Kuan said that it is not that Taiwan did not improve, but that other nations improved at a faster rate than Taiwan. He added that the business regulations have been relaxed in Taiwan but not as much as what have been done in other countries.
He resigned his post as National Development Council head in January 2015. Kuan had attempted to resign in a month prior but was persuaded to stay at the time.