In the past, Taiwan relied on "park strategy" to create economic miracles. Now, relying on industrial policies is the key to building "Asia's Silicon Valley". Anbound's chief researcher Chan Kung believes that there are two key points: First, the role of capital markets and large enterprises. Industrial policies must be able to stimulate acquisitions and make as many scientific and technological innovations as possible for large conglomerates. Second, industrial policies must focus on talents; the focus should be on the people, not the building.