cens logo

Taipei City Has Second-highest Per Capita GDP in Asia: TIER

Mar 19, 2009 | By Judy Li

Taipei, March 19, 2009 (CENS)--The per-capita gross domestic product (GDP) of the residents of Taipei city, Taiwan's largest city, is estimated to be US$48,400, about three times the US$16,111 posted by others on the island, according to a report released by Taiwan Institute of Economic Research (TIER), a major economic think tank in Taiwan.

Compared to other Asian cities, Taipei's GDP is only lower than Tokyo's US$65,453 and higher than that of Hong Kong, Singapore and Seoul.

Chang Chien-yi, a senior research at TIER, indicated that Taipei's GDP excludes the production value by the employees from the outskirts of the city and those from neighboring cities or townships such as Taipei County, Keelung City, and Taoyuan County. If including the said areas, then the per capita GDP of Taipei and its outskirts would be reduces to US$25,000.

In terms of global urban competitiveness, Taipei was 48th among the world's 110 cities in 2006 and fifth among the Asia Pacific. In 2008, Taipei took 112th position among the world's 500 cities and the ninth in the Asia Pacific. In the same year Taipei's per capita GDP was US$14,000; while Kaohsiung City, Taiwan's second largest city, saw its per capita GDP stand at US$10,000 and Hsinchu, a famous high-tech city in northern Taiwan, boasted of US$11,000.

Chang said that the well-established infrastructure and convenient transportation are major reasons for Taipei City to generate higher GDP, not to mention its abundant government resources and geographical advantage.


Industry In-Focus

Taiwan's First Hand Tools Research and Testing Center Opens in Taichung on May 31(photo taken by Sung Chien-sheng)

Taiwan's First Hand Tools Research and Testing Center Opens in Taichung

Jul 23, 2019

In response to upgrading Taiwan’s hand tools industry and localizing services to the industry chains, China Steel Corporation (CSC), Taiwan Hand Tool Manufacturers' Association (THTMA) , Metal Industries R&D Center (MIRDC), and Corporate Synergy Development Center (CSD) have jointly established the research and testing center for hand tools in Taichung Industrial Park at the opening ceremony on M...


Taiwanese Firms Nabs Redirected Business Amid Trade War</h2>

Taiwanese Firms Nabs Redirected Business Amid Trade War

Jul 15, 2019

The U.S.-China trade war has restructured the global supply chain, giving Taiwanese firms in Southeast Asia the advantage for expanding their production capacity to direct business orders away from China. As the largest fastener supplier in Malaysia, Chin Well Holdings Berhad, the investment holding company mainly focused on domestic sales, and partly exported to Europe. However, under the ten...


Taiwan's Machinery Firms Eye EMO Hannover 2019 - the World's Leading Metalworking Trade Show</h2>

Taiwan's Machinery Firms Eye EMO Hannover 2019 - the World's Leading Metalworking Trade Show

Jul 10, 2019

The biennial EMO Hannover 2019 will debut on September 16 in Hannover, Germany. As one of the world's largest trade fairs, it is considered a must-attend fair for Taiwanese machinery firms primarily focusing on exports. Apart from the registration of individual firms, Taiwan External Trade Development Council (TAITRA) and Taiwan Association of Machinery Industry will both send delegations to exh...



Industry Reports

As EDN and CENS are leading media companies in Taiwanese Machinery industry, this is a must-attend event. Based in Hall 15 booth G23, the firms launch all-rounded marketing solutions(photo courtesy of CENS)

EMO 2019, Taiwanese firms teamed up to world's market

Oct 01, 2019

The biennial EMO Hannover, the leading machine tool exhibition kicked off on Sept 16th for six days in a row. This year, the theme focuses on the transformation of the industrial production mode, pursuing better, faster, more precise production and developing new function under the framework of industry 4.0. On the first day, ROC representative in Germany Hsieh Chih-wei attended the fair in th...


Taiwan Hand Tool Industry Ready for thriving prospect</h2>

Taiwan Hand Tool Industry Ready for thriving prospect

Sep 20, 2019

All professional Mfg. Co., Ltd. Chairman Huang Sin-der was elected of the 15th Chairman of the Taiwan Hand Tools Industry Association (THTMA). THTMA which is closely connected to Taiwan's hand tool industry held the 15th General Assembly and the election of the board of directors and Chairman. Huang Sin-der is the 15th Chairman and vice-Chairman is Maxclaw's General Manager Huang Wu-sun. Huang...


Chunyu and Tycons Gear up for Upcoming Year's Market  </h2>

Chunyu and Tycons Gear up for Upcoming Year's Market

Sep 10, 2019

China Steel Corporation’s bar and rod's price tended to be unchanged. The cost structure of major fastener factory Chunyu, Tycons and Sanshing tended to be stable and poised to gear up next year after going through the low season in the fourth quarter.CSC expressed that they will make the best pricing strategy according to the market condition to assist the exports. Tsai, Tu-chin pointed out t...



Supplier News

Pneumatic tools Airboss invented attracted buyers attention in exhibitions (photo courtesy of CENS.com)

Airboss air tools co., ltd.,the shortest pneumatic tools attracted attention

Sep 27, 2019

Concentrated on R&D, after-service and production, the Taiwan-based Airboss Air Tool Co., Ltd., a world-caliber supplier of pneumatic tools, which specialized in manufacturing compacted, light-weight, user-friendly pneumatic tools, high safety. The products are made with magnesium alloy and many specialties as lightweight, high precision, high rigidity. They are not only eco-friendly materials a...

AIRBOSS AIR TOOL CO., LTD.


Chunyu and Tycons Gear up for Upcoming Year's Market  </h2>

Chunyu and Tycons Gear up for Upcoming Year's Market

Sep 10, 2019

China Steel Corporation’s bar and rod's price tended to be unchanged. The cost structure of major fastener factory Chunyu, Tycons and Sanshing tended to be stable and poised to gear up next year after going through the low season in the fourth quarter.CSC expressed that they will make the best pricing strategy according to the market condition to assist the exports. Tsai, Tu-chin pointed out t...


Chyuan Chang Industrial Co., Ltd.</h2><p class='subtitle'>Gas tanks, fuel tanks, oil pans, fuel filler neck, gas tanks fitting, straps  </p>

Chyuan Chang Industrial Co., Ltd.

Gas tanks, fuel tanks, oil pans, fuel filler neck, gas tanks fitting, straps

Sep 06, 2019

Chyuan hyuan Chang Industrial Co., Ltd. is a veteran company specializing in developing and manufacturing gas (fuel) tanks and oil pans for virtually all makes and models, as well as large- and medium-sized trucks. The maker’s major products comprise gas (fuel) tanks, oil pans, fuel filler neck, gas tank fitting, straps, etc., all of which, says the maker, are fully made-in-Taiwan to feature the...

CHYUAN CHANG INDUSTRIAL CO., LTD.



Insiders' Views

Hong Kong Lighting Fair(Spring Eidition) Exhibitor TUYA showcases the latest application of Bluetooth mesh.

Latest Bluetooth Tech Updates Geared for Smart Lighting, Cities and Wireless Devices

May 07, 2019

Founded in 1998, Bluetooth Special Interest Group (SIG) is a non-profit trade association that oversees Bluetooth® technology. As it supports more than 34,000 member companies, the Bluetooth SIG promotes collaboration among its members to create new and enhanced specifications, extend technology, drive global interoperability through world-class product certification programs, and develop brands ...


2019 Hong Kong Lighting Fair(Spring Eidition)smart lighting prospects look good IoT and artificial intelligence into focus,attracts approximately 21,000 buyers.

HK Int'l Spring Lighting Fair Takes Smart, Eco-Friendly Trends to New Heights

May 07, 2019

The 11th Hong Kong International Spring Lighting Fair, hosted by the Hong Kong Trade Development Council, was held at the Hong Kong Convention and Exhibition Centre from April 6 to 9. This year's Spring Light Show attracted more than 1,430 exhibitors from 9 countries and regions to provide a convenient procurement platform for exhibitors and buyers, attracting approximately 21,000 buyers from ...


Megvii Technology Founder and CEO Tang Wenbin

Part 1 Megvii Technology Founder Interview: Face++ AI Facial Recognition sets eye on Asia, starting with Taiwan

Sep 07, 2018

Using facial recognition to remove security checks and recognizing criminals sounds like technological applications out of a movie, though much of it is already implemented in everyday life. Having been founded for only seven years, Megvii Technology Limited, or more commonly known for its facial recognition and AI application Face++, owns critical technology by combining both, and now, recently ...

FOXCONN TECHNOLOGY



Exhibition Highlights

Grand Opening of AMPA and Power EXPO Myanmar</h2>

Grand Opening of AMPA and Power EXPO Myanmar

Oct 01, 2019

Fasten your seatbelts for the accelerating future of the auto parts aftermarket Yangon, Sept. 26, 2019: The seventh edition of AMPA Myanmar (Myanmar International Auto Parts, Accessories and Motor Show) and POWER EXPO Myanmar (Myanmar International Electrical, Electronics and Electric Power Equipment Fair) were held at Yangon Convention Center, Yangon, September 26-29. The twin shows serve ...


As EDN and CENS are leading media companies in Taiwanese Machinery industry, this is a must-attend event. Based in Hall 15 booth G23, the firms launch all-rounded marketing solutions(photo courtesy of CENS)

EMO 2019, Taiwanese firms teamed up to world's market

Oct 01, 2019

The biennial EMO Hannover, the leading machine tool exhibition kicked off on Sept 16th for six days in a row. This year, the theme focuses on the transformation of the industrial production mode, pursuing better, faster, more precise production and developing new function under the framework of industry 4.0. On the first day, ROC representative in Germany Hsieh Chih-wei attended the fair in th...


All your auto needs here! – 2020 Taipei AMPA/Autotronics Taipei/Motorcycle Taiwan</h2>

All your auto needs here! – 2020 Taipei AMPA/Autotronics Taipei/Motorcycle Taiwan

Sep 27, 2019

2020 Taipei AMPA/Autotronics Taipei/Motorcycle Taiwan 3-in-1 show will be held on April. 15 – 18, 2020 in Taipei Nangang Exhibition Center Hall 1&2. In 2020, the 3 concurrently held shows will express the power of Taiwan automotive manufacturers’ R&D ability and the latest trend of motorcycle industry. By integrating the 4 key points of the automobile industry’s future trend : Connected, Autonomo...