The Transformation of Economic Industries in Taiwan • Civil war. • The early post-war period. • The 1st three cities. Soaring prices Inflation, 30 million fruit. Currency Reform • June 15, 1949, the Taiwan Provincial Government to implement currency reform. Currency reform June 15, 1949, the implementation of the currency reform. The old NT can only be in circulation until December 31. Exchange NT crowd Land Reform • A land reform policy • reduction of the rent • land to the tiller http://www.youtube.com/watch?v=5NuLi2ioq50 Implementation of the land reform, Implementation of the land to the tiller. Reduction of the rent of the propaganda. U.S. Aid and Economic Reconstruction U.S. Aid Assistance in the United States, and the establishment of the Taichung Liwu power generation. American military advisers in Taiwan U.S. Aid in 1951 • The U.S. Congress through the Common Security Act on Taiwan offers a variety of financial assistance. • 15 years, providing a total of nearly 15 billion dollars in aid. U.S. Aid in 1953 • The agricultural transformation into light and heavy industries. • The development of the domestic textile industry The Main Export of Taiwan (1950s and 1960s ) • 1965 (54 years) started to build Kaohsiung (export processing zone in Kaohsiung before the town) • 1969 (58 years) to set Nanzih and Taichung (in two this Taichung Tantzu) Export Processing Zone. Kaohsiung Export Processing Zone The women workers of the 1960s Kaohsiung Export Processing Zone in 60's. Employed women are making handembroidered shoes. The 1960s in Taiwan society, many of the town landscape of the living room and factory. Living-room factories "Living-room the factory" typical scene. • 1973(1973) proposed five years to complete the Communications Construction of the "Ten Major Construction Projects" plan. Ten Major Construction Projects • Early 1970s, the oil crisis facing the world twice • Taiwan and South Korea, Hong Kong, Singapore with one of the "four Asian dragons" column. Chiang Ching-kuo patrol in steel Shipyard One of the top ten construction of the shipyard. During the 1980s economic transformation • Promote industrial upgrading. • 1980s, Hsinchu Science-Based Industrial Park http://www.youtube.com/watch?v=nef6pUQ15bs Wafer OEM Taiwan wafer OEM industry. Hsinchu Science Park Thank You