Department of Sports, Taipei City Government

According to statistics released by the Ministry of Finance, Taipei City’s business sales have continued to grow steadily since Mayor Chiang took office at the end of 2022, increasing from NT$17.08 trillion in 2022 to NT$19.41 trillion in 2025. The city has achieved four consecutive years of growth and repeatedly reached record highs, demonstrating not only Taipei’s robust economic performance, strong industrial momentum, and vibrant commercial activity, but also the effectiveness of the city government’s policies under Mayor Chiang’s “Sustainable Prosperity” vision, which aims to strengthen Taipei’s overall competitiveness and support sustainable industrial development.

The Department of Finance stated that the Taipei City Government has actively promoted private-sector participation in public infrastructure and urban development projects, attracting cumulative private investment totaling NT$102.5 billion over the past three years.

Major initiatives include the superficies rights development project for City-owned Lot No. 88 in the Ruanqiao Section of Beitou District (T17 and T18 blocks), which is expected to attract internationally renowned enterprises and further promote industrial clustering and supply chain integration. Additionally, the publicly-led urban renewal projects in "Zhongshan Min’an" and "Tonghua Anhe" are accelerating urban renewal and city regeneration, while the Beitou Film Studio ROT project integrates local cultural heritage with film industry resources to establish a key hub for historical preservation, film production, and arts education.

Through these investment attraction and development initiatives, Taipei City has built a solid foundation for sustained business growth. In addition to stimulating economic development, these efforts have effectively increased city revenues, strengthened fiscal resilience, and enhanced Taipei’s long-term debt repayment capacity.

Commissioner Hsiao-Lan Hu of the Department of Finance stated that Taipei City’s record-high business sales, the highest nationwide, have become a key driver of urban development. The achievement also reflects strong confidence from industry in Taipei’s investment environment, as well as public recognition of the city government’s governance and policy performance.

With steady economic growth and the continued expansion of the tax base, the Taipei City Government has remained committed to fiscal discipline and prudent debt management. In May 2026, the city repaid NT$10.6 billion in debt, reducing outstanding debt from NT$89.8 billion at the end of 2022 to NT$49.8 billion. Since Mayor Chiang took office, cumulative debt reduction has reached NT$40 billion — the highest among local governments in Taiwan — significantly strengthening Taipei’s fiscal health and debt management capacity.

The Department of Finance further explained that, following this latest debt repayment, Taipei City’s outstanding debt balance has been substantially reduced, while annual interest expenditures are expected to decrease by approximately NT$200 million. Meanwhile, per capita debt has fallen from NT$36,000 when Mayor Chiang took office to NT$21,000, representing a reduction of NT$15,000 per resident.

Looking ahead, the Taipei City Government will continue upholding the principles of fiscal sustainability and sound fiscal discipline, prudently managing and reducing debt in accordance with the Public Debt Act. The city will also continue collaborating with private-sector partners to promote sustainable urban development and build a capital city marked by strong economic momentum and long-term fiscal resilience.