The economy of Taiwan is a highly developed free-market economy. It is the 8th largest in Asia and 20th-largest in the world by purchasing power parity, allowing Taiwan to be included in the advanced economies group by the International Monetary Fund. Taiwan is notable for its rapid economic development from an agriculture-based society to an industrialised, high-income country. This economic growth has been described as the Taiwan Miracle. It is gauged in the high-income economies group by the World Bank. Taiwan is one of the most technologically advanced computer microchip and high-tech electronics industries makers in the world.
Taipei, the capital city and financial centre of Taiwan
Computex Taipei, the second-largest technology trade show in the world, is a global IT exhibition which attracts many foreign investors.
Skyline of modern skyscrapers in Xinyi Special District, Taipei.
Kaohsiung skyline.
The Hsinchu Science Park is an industrial park established by the government of Taiwan on 15 December 1980. It straddles Hsinchu City and Hsinchu County in Taiwan.
Hsinchu Science Park administration building
AUO Corporation
Kingston Technology
Powerchip Technology headquarters
