"A lot of manufacturing has moved to Southeast Asia and China, but we still want to maintain Taiwan as an innovation center, " says York Liao, chief secretary of Taiwan's Council for Economic Planning and Development.

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But Estrada says Laquian will speak on the economy as a member of the new Economic Coordinating Council, which also includes the secretaries of finance, trade and industry, socio-economic planning, agriculture and the budget.

CNN: A President's Guardian Angel