everything about Taiwan

1. TAIWAN
Officially known as REPUBLIC OF CHINA

2. LOCATION OF THE COUNTRY

3. REPUBLIC OF CHINA

AREA – 36,193 Square Kilometers (136th)

Population - 23,340,136
 Males
- 11,678,151
 Females - 11,661,985

Capital - Taipei

Official Language – Standard Mandarin

GDP - $466.8 billion

Per Capita Income - $18,300

4. REPUBLIC OF CHINA

Currency – New Taiwan Dollar (NT$)
1 USD = 29.51 NT$
1 NT$ = 2.12 INR

Main Industries :-
Electronics
Communication
Products
Machinery
Iron and Steel
and Information Technology

5. FAMILY LIFE
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Taiwanese culture has favored the value of loyalty
over fairness and honesty
A Taiwanese mind is not an individual mind, but a
family mind
People work, live and find solace in their family
Taiwanese people sometimes feel overburdened by
their parents

6. BUSINESS ETIQUETTE

Time is not as important as successfully ending the
meeting

Meetings will continue until the discussion is
completed

People communicate indirectly and are concerned
as how their words and content effect others

7. EXPORTS

Export Goods
 Electronics
 Flat
Panels
 Optical and Photographic
 Measuring Instruments
Main
Export Partners
 Mainland
China (27.1%)
 Hong Kong (13.2%)
 United States (10.3%)
 Japan (6.4%)

8. EXPORTS

9. IMPORTS

Import Goods
 Electronic
 Machinery
 Crude
petroleum
 Precision Equipment

Main Import Partners
 Japan
(17.6%)
 Mainland China (16.1%)
 United States (9.5%)

10. IMPORTS

11. CHINA AND TAIWAN

12. CHINA’S RELATIONSHIP WITH TAIWAN
Political Relations (One China Policy)


Viewpoints within China
Claims Taiwan to be a part of China, despite the existence of 2
Governments
 People’s Republic of China (POC) – Mainland China
 Republic of China (ROC) – Taiwan


Viewpoints within Taiwan
Believes China only refers to People’s Republic of China (POC)
 States China and Taiwan as 2 different countries
 People’s Republic of China (POC) – Mainland China
 Republic of China (ROC) – Taiwan


13. CHINA’S RELATIONSHIP WITH TAIWAN

Trade Relations

Despite diplomatic friction, Economic relationship is positive

China is largest trading partner


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Almost 30% of exports are sold to China making it largest
trading partner
Likewise Taiwan ranks top 10 in China’s trading partner
Increase of direct flights between China and Taiwan to 270
per week from 108 per week (since 2009)

14. CHINA’S RELATIONSHIP WITH TAIWAN


Trade Relations
In June 2010 both countries signed Economic Co-operation
framework agreement

Which cut tariffs on 539 Taiwanese exports to China

Likewise 267 Chinese exports to Taiwan

15. MANUFACTURING HUB

Taiwan is aggressively seeking manufacturers globally

Distinctive geographical location

Offers strong protection of intellectual property

More secure legal environment

More developed, predictable & transparent market
environment

Lower Tax rate at 17% compared to 25 % with China

Labour productivity $43 compared to $8 with China

Labour costs in Taiwan are still more expensive than China

16. TOURISM STRATEGIES
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Rich tourism resources in the country

Travel service centers
Taipei
 Scenery spot
 Airport
 Bus station

Attraction activities like
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Lantern festival exhibition
Chinese food exhibition
International tourism fairs
Hosting tourism websites in many languages

17. TOURISM STRATEGIES

Inviting spokespersons to shoot promotional films and posters

TV programmes on National Geographic

Targeting to create a “Taiwan Fad” for tourists visiting Asia

Government loosening relative regulations to attract tourists