According to China Times on June 25, Taiwanese Minister of Culture Li Yuan claimed that the Hallyu wave is declining and that the Taiwanese wave will become a new trend during a press interview, marking his first month in office.
Li first noted that Taiwan has significantly contributed to the growth of Hallyu.
He said, “Taiwan helped Hallyu. Around 2000, the Taiwanese TV industry bought a lot of Korean dramas, and if you turned on the TV around 8 PM, it was all Korean dramas.”
He added, “In the past, Taiwanese dramas and movies were about 20 years behind Korea, but the atmosphere in Taiwan has been changing recently.”
With this, Li claimed, “The Hallyu (Korean Wave) is declining. I believe now it’s time for the Taiwan Wave.”
He added, “I can feel that a large number of young and middle-aged Taiwanese directors are emerging. It’s time to change the trend of buying Korean dramas.”
He also announced plans to launch a Riding the Wind and Breaking the Waves project to support Taiwanese directors. He further stated that a variety of excellent works on various subjects made by many Taiwanese directors will be released this year.
Li emphasized that Taiwanese films and TV will experience another golden age, as Taiwanese movies garnered attention with the release of Director Wei Te Sheng’s movie Cape No. 7 in 2008.