Transcript PowerPoint 簡報

MOEA
Taiwan’s Economic Development
and Cooperation with India
Department of Investment Services (DOIS),
Ministry of Economic Affairs
September 8, 2014
MOEA
Contents
I. Introduction
II. Successful story of Taiwan’s economic
development
III. Taiwan – India trade and investment
relations
IV. Prospects for Taiwan – India economic
cooperation
V. Conclusion
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I. Introduction
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Taiwan Profile
Small Yet Big
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Land
36,192 km
Population
23,377,517 (2014/01)
GDP
Per-capita Income
US$495 billion (2013)
US$21,153 (2013)
Economic Growth
Rate
2.09%(2013)；2.98%
(2014/est.)
Unemployment
Rate
4.02% (2014/1)
Inflation
0.79% (2013)
0.76%(2014/01)
Forex Reserves
US$419.2 billion
(2014/03)
Sources: Directorate General of Budget, Accounting and Statistics Executive Yuan, R.O.C
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II. Successful Story of Taiwan’s
Economic Development
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Development of Taiwan Economy
Export
Expansion
Policy
(light industry)
Import Replacement Policy
(light industry)
1950s
2000 ～ present
Globalized
operations
(developing
knowledge- based
economy)
Era of Import
Replacement and
Export Expansion
(heavy industry)
1980s
1990s
Liberalization,
Internationalization, and
Systematization Policies
(strategic industries, Hsinchu
Science Park)
Era of high-tech
industry
(10 major emerging
industries)
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Successful Story of Taiwan’s Economic Development
Knowledge
Industries
Industrial Restructuring
High-Tech
Industries
Capital &
Technology
Intensive
Rapid Growth of Industries
Light Industry
Consumer Goods
Industry
Economic
Reconstruction
1940s
1950s
1960s
1970s
1980s
1990s
2000s 2010s
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Taiwan’s Main Economic Indicators & Trends
Year
G.D.P.
(US$ Bil.)
Economy
Growth
G.D.P. Per
Capita
Unemp.
Rate
C.P.I.
Foreign Currency
Reserve
(US$ Bil.)
2007
3,931.34
5.98%
17,154
3.9%
1.80%
270.31
2008
4,001.32
0.73%
17,399
4.1%
3.53%
291.71
2009
3,775.29
-1.91%
16,359
5.9%
-0.87%
348.20
2010
4,281.86
9.32%
18,503
5.3%
1.50%
383.84
2011
4,651.87
4.41%
20,057
4.9%
1.50%
385.55
2012
4,752.57
1.48%
20,423
4.24%
1.93%
403.17
2013
4,891.32
2.09%
20,952
4,18%
0.79%
416.81
Source: Central Bank of the Republic of China (Taiwan)
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Economic Miracle of Last Century
How does
How
does
Taiwan
Taiwan
create
create
economic
economic
miracles
miracles
Since the 1960’s, hard work by small and
medium enterprises, coupled with
forward looking government policies, have
helped Taiwan’s economy to perform brilliantly.
Strategies of import substitution and
export expansion have enabled Taiwan to
spread its wings and soar. Taiwan has been the
world’s biggest supplier of many products,
creating a strong image for the Made-inTaiwan label.
Powered by industrial transition and
upgrades, Taiwan’s foreign trade has soared
to a series of record levels, increasing 1,531fold from 1955 to 2012.
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1971~1980
•Decoration
•Ship
dismantling
•Footwear
•Electric fans
Taiwan As No. 1
1981~1990
• Gourmet
powder
• Umbrella
• Hat
• Tennis
rackets
•Bicycle
• ABS resin
• Mini
electronics
• Sewing
machines
•Yachts
• Monitors
1991~1999
2000~2004
2005~2006
• Scanners
• Mother
boards
• Notebook
•Computers
•IC
packaging
• Wafer
foundry
• Hub
• Record
Optical
Disk
• Mother
Board
• Foundry
• Notebook
PC
• SOHO
Router
• LCD Monitor
• WLAN
• Cable
Modem
• DSL Modem
• Optical Disk
Driver
• IC
Packaging
• Glass Fiber
• Network
Interface
Card
• ABS
Copolymer
• Switch
• CDT Monitor
• PDA
• Servers
(System
& Pure MB)
• Mother Board
• IP Phones
• Notebook PC
• SOHO
Router
• LCD Monitor
• WLAN
• WLAN NIC
• SOHO
Routers
• DSL Modem
• VoIP Routers
• Blank Optical
Disks
• IC Packaging
• LAN
Switches
• IC Foundry
• Mask ROM
• ABS
Copolymer
• Switch
• Diving Suits
2007~2008
•Netbook
•Mother
board
•WLAN NIC
•Servers
(System &
pure MB)
•Notebook
PC
•DSL CPE
•Cable CPE
•LCD
Monitor
•PDA
•IP Phone
•CDT
Monitor
•Large size
LCD Panel
•VoIP
Routers
•VoIP TA
2009~2012
•Notebook PC
•Mother Board
•LCD
•CDT Monitor
•WLAN NIC
•Digital Line
(DSL)
•Cable
Modem
•IP Phone
•VoIP Gateway
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Current Economic Strategy and Direction
Participating in
Regional
Integration
Strengthening
Global Deployment
Promoting Business
Opportunities in
International Market
Enhancing
Industrial
Competitiveness
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Taiwan is reinventing itself as:
 A Center of Global
Innovation;
 A Hub for Regional
Trade;
 A Global and Regional
Operating Base
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III. Taiwan – India Trade and
Investment Relations
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Taiwan – India Trade & Investment Relations
Bilateral trade
Bilateral trade between Taiwan and India
amounted to US$6.17 billion in 2013, an increase
of 2.76% compared to 2012.
Taiwan’s imports from India grew by 4.86% in
2013 to reach US$2.75 billion, while Taiwan’s
exports increased by 1.13% to US$3.42 billion.
India is Taiwan’s 19th trade partner in the world,
accounts for 1.07% of Taiwan’s total trade amount.
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Trade Between India & Taiwan (2004-2013)
8,000
Million US$
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
-1,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Total
Export
Import
Balance
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Major Items Exported to India (2013)
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Major Items Imported from India (2013)
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Investment between India & Taiwan
Investment by India
Investment by Taiwan
*Investment Commission,
*Economic Division, TECC in New
Delhi
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# of Investments
334
Around 80
Amount
44.5 million US$
Around 1.3 billion US$
Location
Taipei,
Taichung,
Kaohsiung
Delhi, Rajastan, Haryana,
Gujarat, Maharahtra,
Tamil Nadu, Andhra Pradesh
Trade, Restaurant,
Retail, Services
Electronic, Machinery,
Engineering, Banking, Car
Parts, Footwear, etc.
Tata Consultancy,
Profitop,
Tech Mahindra,
Pointrfedtech, etc.
Foxconn, CINDA Engineering,
Benq, MSI, TECO, China Steel,
Yang Ming Line, Lotus
Footwear, D-Link, TSRC, etc.
Categories
Main Investors
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Taiwan Partnership of Progress & Innovation
World’s Top Brands from Taiwan & Now in India
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IV. Prospects for Taiwan – India
Economic Cooperation
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Institutional Framework
 2002.10 Investment Protection & Promotion





Agreement
2011.7 Avoidance of Double Taxation
Agreement
2011.7 Customs Cooperation Agreement
2013.3 ATA Carnet Agreement
Exchange of Delegation
Regular Dialogue
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Advantages - India
Abundant Human and Nature Resources
Ideal Base for Mass Production
Huge and High Growing Domestic Market
Strategic Location –
between South East Asia and Gulf Countries
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Advantages - Taiwan
Comprehensive Industrial Supply Chain
Global Market Channel
Strong R&D, Abundant Capital
Proximity to Greater China Market
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Areas of Cooperation
India – Taiwan’s Target Market for
Trade and Investment Diversification
 Industries in India and Taiwan are
Complementary in Nature
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Areas of Cooperation
ICT Product
Taiwan’s
Hardware
Manufacturing
+
India’s Software
Engineering
Intelligent Portable
Devices
Semi-Conductors
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Areas of Cooperation
Textile & Garment
Infrastructure Construction
Taiwan + India
Food
Processing
Machinery
Automobile Components & Parts
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V. Conclusion
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Conclusion
 Mutual Benefits
Companies from India and Taiwan can
cooperate through strategic alliances,
technical cooperation, mergers, etc. to
mutually benefited from:
 Manufacturing of high-quality and
competitive products;
 Exploring mutual and global markets.
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WIN – WIN Strategy
Taiwan
Industrial Supply Chain
Management Experience
Global Market
Strong R&D, Capital
Asia-Pacific Logistic Hub
India
 Human and Natural
Resources
 Base for Mass Production
 Huge and Growing Domestic
Market
 Strategic Location
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Thank you!
For further information
[email protected]