Economic Development

Economic Development
б@Taiwan and the Chinese mainland are ruled by different governments under different political systems: democracy and communism, respectively. Currently, Taiwan has a population of 21.8 million people. Despite its limited natural resources, Taiwan has distinguished itself through its economic development. Between 1952 and 1995, its economic growth rate averaged 8.63 percent, an impressive record rarely seen in the world. In 1997, Taiwan's per capita gross national product (GNP) reached US$13,000. With its strong foundation as one of Asia's "Four Little Dragons," Taiwan has managed to maintain stable economic development, even amidst the 1998 Asian economic crisis, a rare and impressive achievement. б@

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"Images of Taiwan" Home Page

**Economic Development**
No.E1. Photo by Ming-yuan Yeh	64KB The Tamsui Line of Taipei City's Mass Rapid Transit Systems runs alongside the Tamsui River and passes by Kuanyin Hill.
No.E2. Photo by Ming-yuan Yeh	100KB Scientists perform tests on the ROC-1 satellite, a low-earth-orbit experimental vehicle designed for scientific research.
No.E3. Photo by Ming-yuan Yeh	55KB The Kaohsiung-based Evergreen Marine Corporation maintains the world's largest fleet of container ships.
No.E4. Photo by Root Tang	61KB The splendid architecture of the mass rapid transit station in New Peitou combines the beauty of modern and classical styles.
No.E5. Photo by Ming-yuan Yeh	63KB The Mucha Line of Taipei City's Mass Rapid Transit Systems can be seen above the streets in the modern city of Taipei.
No.E6. Photo by Root Tang	43KB The brightly lit Grand Hotel overlooking Taipei city with its classic architectural style is still one of the city's landmarks.
No.E7. Photo by Root Tang	46KB Even at night, Taipei City's Chungyang Bridge is bustling with activity, evidence of Taiwan's prosperity and modernization.