Taiwan 1995
Taiwan is an island nation located in East Asia, off the coast of mainland China. Its capital city is Taipei and the population is estimated to be around 23 million people. The official language of Taiwan is Mandarin Chinese, although Taiwanese and Hakka are also widely spoken. The currency used in Taiwan is the New Taiwan Dollar.
The landscape of Taiwan consists mostly of mountains; with some plains in the west part of the country. The climate here varies greatly depending on location; but generally speaking it has hot summers reaching up to 35°C (95°F) during July and August; while winters tend to be mild with temperatures rarely dropping below 10°C (50°F).
The history of Taiwan dates back thousands of years when it was inhabited by various Austronesian tribes; plus it has been influenced by both Japanese and Chinese rule at various points throughout its history. This diversity can be seen through its many languages, religions, music, art and cuisine; plus there are several festivals throughout the year such as Chinese New Year which celebrates traditional culture.
Overall, Taiwan offers visitors an insight into a unique culture steeped in tradition; plus its stunning landscapes make for an unforgettable experience – truly earning it the nickname “The Pearl Of The Orient” as defined on aceinland.
Population of Taiwan
In 1995, Taiwan had a population of 21.3 million people and was the world’s 18th most populous country. According to watchtutorials.org, the population of Taiwan increased by 0.9% from the previous year, making it one of the fastest growing countries in Asia. The majority of the population was ethnically Han Chinese, accounting for 98.5% of the total population at that time. There were also small populations of aboriginal people from 14 different tribes, accounting for 1.5%. The majority of Taiwanese lived in urban areas, with around 60% living in cities and 40% living in rural areas. The average life expectancy was 75 years old and the total fertility rate was 1.7 children per woman. In terms of education, almost all Taiwanese had access to primary education with 95% having access to secondary education and 70% having access to tertiary education. In terms of religion, Buddhism and Taoism were the major religions with other religions such as Christianity, Islam and Hinduism being practiced by smaller groups within Taiwan’s population in 1995.
Economy of Taiwan
In 1995, Taiwan had a Gross Domestic Product (GDP) of US$238.2 billion and a per capita GDP of US$11,186. This made it one of the most prosperous countries in Asia at the time. The economy was heavily export-oriented with exports accounting for over 70% of the country’s GDP. The main exports were electronic products, machinery and equipment, textiles and apparel, and chemicals. The main trading partners were the United States, Japan, Hong Kong and China. In terms of industry, manufacturing was by far the largest contributor to Taiwan’s GDP at 40%, followed by services at 37%. Agriculture only accounted for 3% of the country’s GDP in 1995.
The unemployment rate in 1995 was 4%, which was relatively low compared to other countries in Asia. Inflation was also relatively low at 2%. The Taiwanese currency unit was called the New Taiwan Dollar (NTD). At that time 1 NTD equaled US$0.0317. Taiwan also had a large foreign exchange reserve which stood at US$101 billion in 1995 making it one of the largest holders of foreign exchange reserves worldwide.
Foreign Policy of Taiwan
In 1995, Taiwan’s foreign policy was focused on maintaining its sovereignty while attempting to improve its diplomatic relations with other countries. Taiwan had very few diplomatic allies at the time, with only 23 countries recognizing it as a sovereign state. These countries included the United States, Japan, Canada and several South American countries. Taiwan was also a founding member of the Asian Pacific Economic Cooperation (APEC), established in 1989.
Taiwan had tense relations with mainland China at the time due to their different political ideologies and conflicting claims over sovereignty. Despite this, some economic cooperation between the two sides had started to take place in areas such as trade, investment and tourism. In 1995, Taiwan also began to pursue closer ties with other East Asian countries such as South Korea and Japan in an effort to diversify its foreign relations away from mainland China.
In terms of defense policy, Taiwan continued to rely heavily on the United States for defense equipment and support. This was due to its lack of recognition by most countries which meant it could not purchase weapons from other sources. In 1995, the United States passed the Taiwan Relations Act which reaffirmed its commitment to providing security assistance to Taiwan if needed.
Events Held in Taiwan
In 1995, Taiwan hosted a number of events that attracted international attention. One of the most notable events was the Taipei International Flower Expo which took place from April to October. This event was held in Taipei and featured displays of flowers from around the world. During this event, there were also cultural performances, food festivals, and other activities for visitors to enjoy.
In May 1995, Taiwan hosted the first East Asian Games in their capital city of Taipei. The East Asian Games are an international multi-sport event held every four years among countries from East Asia and Oceania. This was the first time that Taiwan had hosted such an event and it attracted athletes from 12 different countries including Japan, China, South Korea and Hong Kong.
The Summer Universiade was also held in Taiwan in August 1995. This is an international sports competition that is held every two years and features student athletes competing in various sports such as track & field, swimming, basketball and soccer. The Universiade was hosted by Taipei City with athletes from 63 different countries participating in the event.
Finally, in October 1995 Taiwan celebrated its National Day with a series of cultural events taking place throughout the country including parades, fireworks displays, concerts and other activities celebrating the nation’s history and culture. These events were attended by people from all over the world who wanted to experience Taiwanese culture firsthand.