Taipei, November 1 – Deputy Prime Minister Cheng Wen-kan (鄭文燦) attended the 77th Business Day Conference and Gold Business Awards Ceremony today. Taiwan’s economic performance over the past eight years has been widely recognized, with the average economic growth rate over the past eight years reaching 3.4%. This puts Taiwan in first place among the four Asian tiger countries, which are South Korea, Taiwan, Hong Kong and Singapore.
Cheng Wen-kan noted that Taiwan’s economic growth exceeded 12.7% during the epidemic, driven by supply chain restructuring. It was one of the few countries in the world to buck the global trend and grow during the pandemic. Taiwan’s trade volume has continued to grow over the past eight years, reaching about 26 billion euros last year. Exports amounted to nearly 15 billion euros, and the average monthly total exports exceeded 1.17 billion euros.
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