00:00Taiwan's President Lai Ching-te says he wants defence spending to hit 5% of GDP before the end of the decade.
00:08That is a step up from the government's current target and comes as Washington presses Taipei to shoulder more of its own security costs.
00:18The government has already set next year's defence budget at 3.32% of GDP.
00:24For the first time, that figure includes spending on the Coast Guard, a move Premier Cho Jung-tai says mirrors the NATO model.
00:32Lai warned that threats from China have grown in recent years, and boosting spending shows Taiwan's determination to defend its democracy.
00:41The US remains Taiwan's most important arms supplier, even without formal diplomatic ties.
00:47At the same time, Taipei has built up its own defence industry, producing everything from fighter jets to cruise missiles.
00:54If you have a question, Hello, everybody!
00:55At the same time, Taipei has built up its own defence industry,alling ë¹¼-li- AC, so the government has survived.
00:57If you have a question, the possibility of the UNVAC started working with Taiwan's current mission.
00:58At the same time, it seems to be the same means that the UNVAC is past that those zero- whatsdu in the European Union,
01:02the UNVAC is due to the UNVAC, the UNVAC is due to the UNVAC.
01:04It is not a real issue that has been received in the UNVAC.
01:05I?
01:06Are there that often, the UNVAC is the UNVAC has been represented in the UNVAC.
01:07This is not a real issue that when the UNVAC can be presented, where at UNVAC is not really,
01:08you?
01:08Whoo, who has been there in UNVAC is a common real issue about the UNVAC.
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