man; Democratic Socialist Party and Young China Party controlled by Kuomintang; Democratic Progressive Party (DPP); Labor Party; 27 other minor parties
Suffrage: universal at age 20
Elections: President—last held 21 March 1990 (next to be held March 1996); results—President Li Teng-hui was elected by the National Assembly;
Vice President—last held 22 March 1990 (next to be held March 1996); results—Li Yuan-tzu was elected by the National Assembly;
Legislative Yüan—last held 2 December 1989 (next to be held December 1992); results—KMT 65%, DPP 33%, independents 2%; seats—(304 total, 102 elected) KMT 78, DPP 21, independents 3
Member of: expelled from UN General Assembly and Security Council on 25 October 1971 and withdrew on same date from other charter-designated subsidiary organs; expelled from IMF/World Bank group April/May 1980; member of ADB and PECC, seeking to join GATT and/or MFA; attempting to retain membership in ICAC, ISO, INTELSAT, INTERPOL, IWC—International Wheat Council; suspended from IAEA in 1972, but still allows IAEA controls over extensive atomic development
Diplomatic representation: none; unofficial commercial and cultural relations with the people of the US are maintained through a private instrumentality, the Coordination Council for North American Affairs (CCNAA) with headquarters in Taipei and field offices in Washington and 10 other US cities with all addresses and telephone numbers NA; US—unofficial commercial and cultural relations with the people of Taiwan are maintained through a private institution, the American Institute in Taiwan (AIT), which has offices in Taipei at 7 Lane 134, Hsin Yi Road, Section 3 with telephone 002 [886](2) 709-2000 and in Kao-hsiung at 88 Wu Fu 3rd Road with telephone NA
Flag: red with a dark blue rectangle in the upper hoist-side corner bearing a white sun with 12 triangular rays
Economy
Overview: Taiwan has a dynamic capitalist
economy with considerable government
guidance of investment and foreign trade
and partial government ownership of some
large banks and industrial firms. Real
growth in GNP has averaged about 9% a
year during the past three decades. Export
growth has been even faster and has
provided the impetus for industrialization.
Agriculture contributes about 6% to GNP,
down from 35% in 1952. Taiwan currently
ranks as number 13 among major trading
countries. Traditional labor-intensive
industries are steadily being replaced with
more capital- and technology-intensive
industries.
GNP: $121.4 billion, per capita $6,000; real growth rate 7.2% (1989)
Inflation rate (consumer prices): 5.0% (1989)
Unemployment rate: 1.7% (1989)
Budget: revenues $25.9 billion; expenditures $33.2 billion, including capital expenditures of $NA (FY89)
Exports: $66.2 billion (f.o.b., 1989); commodities—textiles 9.7%, electrical machinery 19.0%, general machinery and equipment 14%, telecommunications equipment 9%, basic metals and metal products 7.4%, foodstuffs 0.9%, plywood and wood products 1.3%; partners—US 36.2%, Japan 13.7%
Imports: $52.2 billion (c.i.f., 1989); commodities—machinery and equipment 15.9%, crude oil 5%, chemical and chemical products 11.1%, basic metals 7.4%, foodstuffs 2.0%; partners—Japan 31%, US 23%, Saudi Arabia 8.6%
External debt: $1.0 billion (December 1989 est.)
Industrial production: growth rate 4.1% (1988)
Electricity: 17,000,000 kW capacity; 68,000 million kWh produced, 3,360 kWh per capita (1989)
Industries: textiles, clothing, chemicals, electronics, food processing, plywood, sugar milling, cement, shipbuilding, petroleum
Agriculture: accounts for 6% of GNP and 20% of labor force (includes part-time farmers); heavily subsidized sector; major crops—rice, sugarcane, sweet potatoes, fruits, vegetables; livestock—hogs, poultry, beef, milk, cattle; not self-sufficient in wheat, soybeans, corn; fish catch expanding, 1.1 million metric tons in (1987)
Aid: US, including Ex-Im (FY46-82), $4.6 billion; Western (non-US) countries, ODA and OOF bilateral commitments (1970-87), $439 million
Currency: new Taiwan dollar (plural—dollars); 1 new Taiwan dollar (NT$) = 100 cents
Exchange rates: new Taiwan dollars per US$1—26.3 (March 1990), 26.156 (December 1989), 28.589 (1988), 31.845 (1987), 37.838 (1986), 39.849 (1985)
Fiscal year: 1 July-30 June
Communications
Railroads: about 1,075 km common
carrier lines and over 3,800 km industrial
lines; common carrier lines consist of the
1.067-meter gauge 708 km West Line and
the 367 km East Line; a 98.25 km South
Link Line connection is under construction;
common carrier lines owned by the
government and operated by the Railway
Administration under Ministry of
Communications; industrial lines owned and
operated by government enterprises
Highways: 18,800 km total; 15,800 km bituminous or concrete, 2,500 km crushed stone or gravel, 500 km graded earth
Pipelines: 615 km refined products, 97 km natural gas
Ports: Kao-hsiung, Chi-lung, Hua-lien, Su-ao, T'ai-tung
Merchant marine: 218 ships (1,000 GRT or over) totaling 5,061,960 GRT/7,634,074 DWT; includes 1 short-sea passenger, 61 cargo, 13 refrigerated cargo, 71 container, 14 petroleum, oils, and lubricants (POL) tanker, 3 combination ore/oil, 1 specialized tanker, 54 bulk
Airports: 38 total, 37 usable; 32 with permanent-surface runways; 3 with runways over 3,659 m; 16 with runways 2,440-3,659 m; 8 with runways 1,220-2,439 m
Telecommunications: best developed system in Asia outside of Japan; 6,000,000 telephones; extensive microwave transmission links on east and west coasts; stations—91 AM, 23 FM, 15 TV (13 relays); 8,000,000 radio receivers; 6,000,000 TV sets (5,300,000 color, 700,000 monochrome); satellite earth stations—1 Pacific Ocean INTELSAT and 1 Indian Ocean INTELSAT; submarine cable links to Japan (Okinawa), the Philippines, Guam, Singapore, Hong Kong, Indonesia, Australia, Middle East, and Western Europe
Defense Forces
Branches: Army, Navy (including
Marines), Air Force, Garrison Command
Military manpower: males 15-49, 5,809,354; 4,534,950 fit for military service; about 185,235 currently reach military age (19) annually
Defense expenditures: 6.8% of GNP, or $8.2 billion (FY90 est.)
