Department of Finance

According to the latest statistics on the Amount of Business Sales for 2024 released by the Ministry of Finance, the Number of Business Units in Taipei City has grown by over 250,000, accounting for 15.05% of the nationwide total. The Amount of Business Sales reached a staggering NT$ 18.3887 trillion, the highest in the country, setting a new historical record and accounting for 30.70% of the national total. The Amount of Business Sales reflect the level of commercial and economic prosperity, and this record-breaking performance also confirms the growth and development of Taipei City in the past two years.

Under Mayor Chiang Wan-An's governance vision of "Sustainable Co-prosperity, Hope for the Capital," the Taipei City Government's various departments are actively promoting municipal construction and services, driving overall economic prosperity and development. Secretary-General Lee, Tai-Hsin stated that the TCG continues to invest in public infrastructure and municipal services across multiple sectors, including transportation, education, healthcare, and social welfare. However, as the scope of these services expands, financial pressure also increases. To address these challenges, the TCG is leveraging big data on fiscal revenues and expenditures for the next four years and is actively attracting investment and encouraging private sector participation in public infrastructure projects.

According to statistics from the Taipei Metro and the Department of Economic Development, after the opening of the Taipei Dome in 2024, the total MRT ridership at the Sun Yat-sen Memorial Hall Station reached 8.78 million passengers, a 13% increase compared to 2023. This surge in ridership has driven consumer traffic. Notably, in November 2024, during the "2024 3rd World Baseball Softball Confederation (WBSC) Premier12 Tournament" and the December Jay Chou concert, the MRT ridership at the Sun Yat-sen Memorial Hall Station grew by 27% compared to the same months of the previous year, surpassing the average growth. The economic impact of the Taipei Dome has successfully driven a consumption of NT$ 4.7 billion during the baseball tournament and NT$ 1.7 billion during the Jay Chou concert. This shows that the Taipei Dome has significantly boosted foot traffic and business activities in Taipei. In the future, the Taipei Dome will continue to host international concerts and sporting events, which will not only foster the city's economic growth but also stimulate the thriving development of Taipei's entertainment, culture, performing arts, and sports industries. This will, in turn, increase revenues from business taxes, house taxes, and more, ensuring the financial sustainability and robust economic growth of Taipei.

Commissioner of the Department of Finance, Hu Hsiao-Lan, provided further explanation, noting that the availability of large-scale public land for development in Taipei City is gradually decreasing, but the city continues to actively assess, integrate, and plan for land use. In 2024, Taipei City Government has pushed forward with public-private partnerships and successfully received nearly NT$20 billion of private investments. In the first half of 2025, six major projects are on the roll, including the Yixian Section superficies project, The Land Development Project on Zhonghe Station (M2) of MRT Wanda Line, The Land Development Project on Liancheng Jinhe Station (M4) of MRT Wanda Line, with private investments totaling up to NT$10 billion.

While promoting investment in construction, the city also plans to reduce debt by NT$ 8.5 billion in the first half of 2025, bringing the total debt reduction to NT$ 25.4 billion. As a result, the per capita debt will decrease from NT$ 36,000 when Mayor Chiang took office to NT$ 26,000, reducing per capita debt by NT$ 10,000. In the future, the TCG will continue to focus on both increasing revenue and reducing expenditures by attracting private investment, revitalizing public assets, and promoting various industrial development plans, ensuring both fiscal stability and urban prosperity. This will help transform Taipei into a safe, sporty, and future-ready city.