From ancient times to the present, Taiwan has been an inseparable part of the motherland. In the past few decades, Taiwan Province has become four rapidly developing Asian economies in the second half of the 20th century, with the Hong Kong Special Administrative Region of my country, as well as the Hong Kong Special Administrative Region of China, as well as the four rapidly developing Asian economies in the second half of the 20th century, and its economic level has always been at the forefront of my country.
Taiwan’s economic development has remained strong in the past decade. Even when the world economy was hit hard by the epidemic, the economy of Taiwan Province still achieved an ultra-high growth rate of 6.28%, and the total GDP is about 485.69 million yuan. At the moment when economic strength cannot be underestimated, we can still hear the complaints of Taiwanese people. Why is this?
1. Taiwan Province per capita GDP Current status
Baodao Taiwan is located on the southeast edge of mainland my country, facing East China Sea in the north, Pacific Ocean in the east, and across the sea in the west, facing Fujian Province. 's superior geographical location has made Taiwan an important hub for world trade, and it also provides great convenience for Taiwan's export-oriented economy.
In addition, Taiwan's electronic technology industry is very developed. TSMC, a leader in the semiconductor industry in Taiwan, has a surprising 50% share of global chip foundry factories. , the fourth place in the world, , although its technology is not as good as TSMC, its many branches derived from it have brought a lot of new strength to Taiwan's semiconductor industry. In addition to integrated component manufacturers such as Inter, TI, etc., Taiwan absolutely occupies a leading position in the field of chip foundry.
Due to the raging epidemic in recent years, the global manufacturing industry has been much less vibrant than before, and the world's chip market is in short supply, which has made Taiwanese semiconductor companies that do not have a mature export trading system make a big profit. In 2021, the average population income in Taiwan reached US$33,000, and the per capita GDP reached 2.6 times that in the mainland. The difference in last year was NT$100 billion more than the previous year than the previous year. It can be seen that the semiconductor industry has allowed many Taiwanese people to receive orders during the epidemic, and the manufacturing industry has provided important guarantees for the development of Taiwan's economy.
In addition, in recent years, Taiwan's economic development has been closely related to trade with the mainland. The largest port in Taiwan Province Kaohsiung Port has a huge annual throughput. Judging from the export trade data, the cross-strait trade volume in 2021 reached US$328.34 billion. Exports to the mainland alone accounted for US$250 billion of them, an increase of 24.7% year-on-year, and exports to the mainland accounted for more than 50% of Taiwan's exports.
The manufacturing industry is fully operational, expanding production capacity and foreign trade export orders continue to make people predict that Taiwan’s future economic prospects are very good and that people live a prosperous and worry-free life. But just under the surface of the thriving and powerful manufacturing province, people's lives are still miserable.
2. Quality of life for citizens of Taiwan Province
According to statistics, as the largest island in my country, the total population of Taiwan Province, with an area of about 36,014 square kilometers is only 23.41 million. From this we can imagine that even the birth of a new rich man may increase the per capita GDP of the people of the province by one's own efforts by the people of the province by several percentage points.
Although the province has a vast area, it is well known that Taiwan's terrain is high in the middle and four low around it, and the area that can provide people with suitable survival is only 1,200 square kilometers. Citizens have a small living space, narrow roads and mostly steep terrain. Although traveling around the island is beautiful, the traffic efficiency is inefficient, which greatly restricts the development space of Taiwan Province. In terms of income, the average salary of employees in Taiwan in 2021 was RMB 10,500 per month, which is not much different from the average salary in my country's rapid development areas. However, compared with Taiwan Province's prices in these regions of my country, this is another saying.
Xinhua News Agency Taipei reporter called relevant institutions in Taiwan to learn that in February this year, Taiwan's consumer price index -year growth rate reached 2.36%, breaking two consecutively for nearly eight months. The salary is "stable as Mount Tai" and it seems to be "pressure" in the face of the increasingly refreshed housing prices.
Due to factors such as rising prices, insufficient living space for personnel, and migration of a large number of Taiwanese compatriots, problems such as population reduction and aging have also been further catalyzed. According to relevant data, the proportion of the elderly population in Taiwan Province has accounted for about 15.8% of the total population, which is very close to 16.3% of the United States. Many young people would rather adopt pets than choose to have offspring. Many young people said they could not afford the expense of raising children, and the number of "hairy children" in Taiwan is becoming increasingly large.
As we all know, less birth and aging will cause a region’s economic growth momentum to be low. Negative growth for two consecutive years has also laid hidden dangers for Taiwan’s economic development process. In addition, the small area makes it difficult for many emerging industries to develop in Taiwan. According to data analysis of United Nations TRADING ECONOMICS institutions, its provincial unemployment rate reached an astonishing 4.76% in the first half of last year. Not finding a job has become a common occurrence for many college students who graduate from Taiwan.
Although the unemployment rate in mainland my country also fluctuates around 5%, the normalization of the epidemic has become the current situation in mainland China. In addition, when the development level in various places has not been balanced and the population is large in recent years, the GDP value can better reflect the living standards of people in mainland China.
Last year, a Taiwan TV station reported that just Hon Hai Precision Group one company contributed 30% to Taiwan's per capita GDP. similar to , Guo Taiming, , the assets in the hands of the rich are calculated in billions. The total population assets of the province have increased, but ordinary people often don’t feel real. The data looks exciting, but this number is filled with a lot of capital.
senior political critic Huang Zhixian Zeng Cialis said: People once compared Taiwan's economy with the entire mainland of China, and later gradually began to compare with provinces, and now it has become compared with cities. You should know that at the end of the last century, Taiwan's per capita GDP reached about 27 times that of the mainland. mainland has accumulated strength in the past few decades, with an average annual growth of 9% at one point. While achieving excellent results from the world, it has gradually begun to distance itself from the slowdown in Taiwan.
Many tourists who have been to Taiwan also said that in addition to some first-class cities, the infrastructure of many regions cannot even catch up with some small towns in the mainland. Under the leadership of the Chinese government, many urban and rural areas have already shown a different scene.
summary
Overall, Taiwan Province has laid a good economic foundation in the past few decades, and its economic conditions may continue to rise in recent years, but what cannot be ignored is the potential hidden dangers that various social factors may cause to Taiwan's future economic development. The people are like water, and water can carry a boat and can also overturn it. It will never be wrong to ensure people's livelihood in a solid manner.
The country is strong and the people are rich. I believe that under the leadership of our government, the living standards of the people across the country will also shine with new brilliance. With the same roots and origins, the strength of the motherland will eventually bring Taiwan back to the embrace of the mainland. During the epidemic, what new trends do you think will be in Taiwan’s economic development? Welcome to express your opinions in the comments.
