新南向政策與區域經濟整合發展：台灣的對策與機會

The Biden administration's priority is to return to the development path of regional economic integration so as to strengthen geo-economic cooperation and regional competition with the Chinese economy. Doing in this way, the Biden administration on the one hand will reduce geopolitical uncertainty and ease the strained US-China trade relations. On the other hand, reverting to multilateral mechanisms of regional economic cooperation will affect directly on the Indo-Pacific strategy and the development of the Asian regional economy. In this regard, it is necessary for Taiwan to assess and prepare for the new situation on dealing with the problem of manufacturing supply disconnection and the reduction of trade reliance on the Mainland China, under actively and proactively initiating the New Southbound Policy 2.0. It is based on the support of Taiwan's businesses, the high-tech talents as well as high-level productive technology capacity under the New Southward Policy 2.0 that is compatible with the development of Indo-Pacific strategy alliance. As discussed and proposed, some available opportunities and strategy advices for Taiwan's regional development can be raised as following: (1) Taiwan should first think of industrial linkages to complement the development of key industries in various countries. (2) The government should regard overseas investment as an extension of national power and provide guidance and financial support. (3) The industry development should be examined the supply chain from the perspective of regionalization and globalization. (4) Thru ＂Taiwan-US Infrastructure Finance and Market Building Cooperation Framework＂ would help construct an India-Pacific strategic security and economic cooperation for Taiwan. (5) To take advantage of the economic and trade confrontation between the US and India with China, Taiwan would become a reliable partner for Indo-Pacific strategy alliance. (6) The Taiwan's government will act as a back-up role to enterprises and work with them to form more efficient production teams. (7) Sharing experience with foreign countries would contribute methods to control the epidemic expansion. (8) Taiwan should maintain her superior position and status in the global technology and supply chain. (9) Taiwan should make use of competition between the Belt-and-Road Initiative and the Indo-Pacific Strategy in the regional economy that will be conducive to the implementation of New Southward Policy 2.0 on providing more resources for investment and assistance. It will be good for the New Southbound Policy 2.0 to integrate Southeast Asia and South Asia into a base for ＂world factory.＂