Taiwan –The Vigorous Island: Taiwan –The Vigorous Island Taiwan Students


The Facts You Have to Know: The Facts You Have to Know We are small, but good to use our strengths. Most of Taiwanese businesses are small to medium size. But we have reached the economics of scope to support our focus industries. We are hardworking, but never forget to enjoy everything around us. The best way to observe Taiwan No doubt, ELECTIONS and BASEBALL!!


Observe Taiwan I~Elections: Observe Taiwan I~Elections Elections are Taiwan’s Carnivals. We have over 70% voting rate. We have exclusive merchandise.


Recommendations.: Recommendations. Be prepared. Your cab driver would like to share his opinions with you. Don’t miss the last day of the campaigns. You shall experience our Carnivals. Get some souvenirs, such as…


Take me to the Baseball!: We have 8 professional baseball teams in the island of 20 million population!! Take me to the Baseball!


At A Glance: At A Glance


The Truth is…: The Truth is… Elections and baseball are just the clips to express the energy of Taiwanese. We love MAKING MORE MONEY!!


Some Numbers…: Some Numbers… Demographic Facts 22 million people 36,000 square kilometers – 1/3 of area of Missouri State per capita GNP – $14,216 Joined WTO as a Developed Country GDP – $310.1 billion (year 2000) Agriculture – 2.06% Industry – 32.37% Service – 65.57%


Economic Statistics: Economic Statistics Growth, growth, and more growth!! But sometimes we have recession… Economic Growth Rate High growth rate before 2000 Declined with the global economic recession Expect to rebound in 2002 to 2.3%


Economic Statistics: Economic Statistics We have deep pocket… Foreign Reserves (November 2001) $121.1 billion No. 3 in the world


Behind the Scene: Behind the Scene Dependent on Foreign Trade Lack of Natural Resources A relatively small domestic market 14th largest trading nation Exports U.S., Hong Kong and Japan are the top buyers – 55.8% Today, the U.S. accounts for 23.5 of exports Expansion on Europe Market Imports Japan is the leading source of imports – 27.5% U.S. is the second largest supplier – 18% South Korea is the third largest supplier


We need Change-Knowledge Economy: We need Change -Knowledge Economy The New Taiwan lies in the power of knowledge The advantage of developing knowledge economy People have adventureful vigorousness High-tech product accounts for 52.2% of total export The total output value of IT ranks number 3 in the world High-quality people. College graduates account for 26.6% of total laborforce


We can Do Better…: We can Do Better… IT has not been fully facilitated for value creating There is still some shortage for high-tech labor Traditional industries face increasing production cost The infrastructure, related regulations, and application content of internet is not mature


We can Do Better (Con’t): We can Do Better (Con’t) The eTaiwan Biotech and Pharmaceutical Industry SoC Industry Industrial Design