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ADRESSEN,
Bayerische Repräsentanz in Taiwan
AKTUELLE INFORMATIONEN
ALLGEMEINE INFORMATIONEN
Produktionszahlen und Entwicklungstrends wichtiger Mobiltelefonhersteller in Taiwan ADRESSEN
Bayerische Repräsentanzen in Asien Up
Repräsentanzen des Freistaates Bayern in Asien: Bayerische Repräsentanzen knüpfen Kontakte zu wichtigen Stellen und helfen
Verbindungen zu Ansprechpartnern bei Behörden und Unternehmen.
State of Bavaria - Taiwan Office
Mr Reinhold Unterburger
Room 702, 7F-2, No. 627; Linshen North Road; Taipei 104, Taiwan R.O.C.
Tel.: 00886/2/2597-2261; Fax: 00886/2/2597-2271
EMail: partner@bavaria.com.sg ; Www.bavaria-asia.com
Taipeh Vertretung - Taipei Trade Office
Direktor: Yi-Cheh CHIU
Rheinstrasse 29, D-60325 Frankfurt
Tel.: +49-69-7457 22, Fax: +49-69-7457 51
EMail: tto.frankfurt@t-online.de Web:
AKTUELLE INFORMATIONEN
Aktuelle Informationen finden Sie unter
www.chinabiz.org ALLEGEMEINE INFORMATIONEN
ECONOMY REPORT - CHINESE TAIPEI
www.apecsec.org.sg/member/memberecreport/taipei.html
The significant recovery in the international economy fueled the sharp export expansion and economic upturn of Chinese Taipei in 1999. Although the September 21 earthquake
moderately slowed the momentum of growth, the economy proved sufficiently resilient and dynamic to quickly shrug off the effects of this major disaster. The gross domestic product growth rate for the year
was 5.4 percent. The World Economic Forum ranked Chinese Taipei fourth in the world in "The Global Competitiveness Report," up from sixth in 1999.
In February 1999, the government
launched the "Economic Enhancement Plan", a mid- and long-term program of reforms for root-and-branch strengthening of the financial system, corporate governance, land and housing measures, and
labor related laws. To cope with the aging society and changing family structures, a national pension system is being planned which will integrate current old-age related social insurance and social
assistance, so that every person can enjoy basic pension protection GROSS DOMESTIC PRODUCT
Real gross domestic product grew by 5.4 percent in 1999, up 0.8 percentage points from 1998. While
private investment declined sharply during the year, reviving net foreign demand and a pickup in private consumption contributed to the whole economy’s growth.
On the production side, industrial
growth climbed to 4.7 percent in
1999, from 2.7 percent in 1998, with
manufacturing sector output up by 6.7
percent. The shares of agriculture,
industry, and services in overall
domestic production were 2.6
percent, 33.2 percent, and 64.3
percent respectively. The services
sector increased its share by 1.3
percentage point from the previous
year.
INFLATION
The consumer price index (CPI) rose
by a mere 0.2 percent in 1999, the
lowest rate of increase since 1986,
due mainly to the year-round
abundant supply of low-priced
vegetables and fruits, and the fall in
price of information and
communication products. Although
raw material prices rose during the
year, the wholesale price index (WPI)
declined by 4.6 percent as
international export prices remained
low.
EMPLOYMENT
The overall labor participation rate
declined to 57.9 percent, reflecting
such long-term contributing factors as
more young people enrolling in higher
education and the growing trend of
earlier retirement, as well as the
incomplete state of economic
recovery. The unemployment rate
stood at 2.92 percent, the highest
since 1967. In response to the
changes in the labor market, the
government launched an
unemployment insurance program in
January 1999. During the year, the
government also implemented a
number of programs to assist those
who lost their jobs, through factory
closures and layoffs, to find new jobs.
TRADE ACCOUNT
Two-way trade has returned to its
1997 pre-Asian Financial Crisis level.
In 1999, the value of exports
amounted to US$121.6 billion and
imports US$110.7 billion, up from the
previous year’s level by 10.0 percent
and 5.8 percent, respectively. Exports
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