Taiwan is an island in the Pacific Ocean. Today, different groups of people live on this island, including Fujian, Hakka, Chinese from other provinces, Taiwanese aborigines, and Southeast Asian immigrants. Before World War II, Taiwan was a colony of Japan. In 1895, due to the failure of the First Anti-Japanese War, China gave Taiwan, the Liaodong Peninsula, and other places to Japan. After World War II, the government of the Republic of China moved to Taiwan and began to build the island. When the government of the Republic of China arrived in Taiwan in 1949, Nearly 2 million soldiers and their families also moved to Taiwan. When the government of the Republic of China arrived in Taiwan at that time, there were many things to be solved. When World War II ended in 1945, Taiwan's economic and sanitary conditions were very low. The Republic of China government had a major impact on Taiwan's development, transforming the economy from an agricultural entity to a high-tech industry. During the 1960s to 1980s, a series of serious new policies and development plans industrialized Taiwan. The National Bureau of Statistics of Taiwan stated that in 1965, the GDP per capita was US$229, and 30 years later, in 1984, the GDP per capita increased to US$3,225.
When the R.O.C. government arrived in Taiwan, the first thing they did was a series of land policies. First, they amended the law to reduce the connection with the Chinese law system, and then issued the Taiwan dollar. After that, they established many rules for farmers so that they could be self-sufficient. The second step to improve the economic situation was to develop "light industry". The government began to help build small factories to produce textiles, shoes and paper. This helped Taiwan prepare to move to "heavy industry". To stimulate investment, the government encouraged investors from all over the world to build factories in Taiwan ports. This time is the third step of development. This website will discuss what happened in Taiwan, the policies and changes in Taiwan and who came to help and make all of these things work.
Taiwan's economic development: Do you know where Taiwan is?
Taiwan is a small island in the Pacific Ocean. It is adjacent to China, and the aborigines on the island are considered to be the origin of the Austronesian people of the Pacific Islands. Taiwan's land area is 13,972 kilometers, and there are about 23.8 million people living on the island. The main common languages are Chinese, Minnan, and Hakka.