The Lantern Festival and President’s call for Innovation

Last weekend millions of Chinese were celebrating the Lantern Festival, which is celebrated on the fifteenth day of the first month in the lunar year and officially ends the Chinese New Year celebrations. One of the festival customs is writing wishes on paper lanterns and then launch them in the open air. As you can see in the picture, it’s a beautiful sight.

Lantern Festival

In his weekly online magazine, Taiwan president Mr. Ma Ying Jiu, has shared his wish when he called for passage of innovation bill. “Taiwan’s businesses should put more into research and development in order to enhance the country’s competitiveness”, said President Ma. “We need to encourage creativity, not only use labor, but also brain power to strengthen growth in Taiwan.” President Ma believes that in order to become an “Innovation-driven” economy, there must be more forward-looking approach that should be backed up with invasive regulations.

We at MultiReach believe that the constant search for Innovation holds great opportunities for Israeli-Taiwanese Cooperation.

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