The Cases Study of “One Belt and One Road” and “Made in China 2025” Impact on the Development of Taiwan’s Machine Tool Industry

Abstract

The research takes Taiwan's machine tool industry as the research subject, and gains an insight into the possible impacts of “Industry 4.0”, “Belt and Road Initiative” as well as “Made in China 2025” on the development of machine tool industry in Taiwan. Lastly, it is hoped that the machine tool makers in Taiwan will be able to develop and grasp market trends in line with their needs and the status quo in order to achieve direct and indirect operational results. Based on the research results, this research will propose conclusions and provide relevant recommendations on specific and substantial business improvement and policy formulation for the machine tool industry, relevant government agencies and academic research.