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2 0 1 6 /

Y e a r b o o k /

T a i w a n S p o r t i n g G o o d s M a n u f a c t u r e r s A s s o c i a t i o n

34

Mr. John Chen-Chung Deng

Minister of Economic Affairs

Optimizing the Sports and Leisure Industry; Enhancing

Competitiveness via Productivity 4.0

With the global economy apparently entering a prolonged

period of slow growth in recent years, described by some

as the “new mediocre,” Taiwan’s export-oriented economy

has been facing serious challenges. In such an environment,

heads of enterprises have been striving to think of ways to

transform challenge into opportunity.

Despite this protracted economic sluggishness, parallel

positive trends have been occurring at the same time,

including the rapid development of cloud technology.

Now, 3G/4G mobile communication technology is reaching

maturity, while smart 3C products and the use of apps have

become popular, leading to high-tech wearable devices

becoming a sports fashion. This latter development has

created potentially lucrative business opportunities for

enterprises in the sports and leisure industry that can take

advantage of the trend by developing more advanced

and even smarter devices and applications. In other

words, cloud technology has enabled businesses in

this traditional sector to create even greater added

value in their products and services.

Meanwhile, advanced and emerging economies

around the globe have in recent years begun to

launch major national initiatives aimed at advancing

automated and intelligent production systems. The

reasons are manifold and varied, including shrinking

workforces due to declining populations; a growing

focus on the rights of laborers in “3K industries”

(sectors in which jobs are considered dirty, dangerous

and difficult); and increasingly intense global

competition and the resulting need to boost one’s

comparative advantages. Among the world’s major

economies, some of the more notable such initiatives