Business in Taiwan (Course, Master)

EENI Business School & HA University

Syllabus of the Online Subject: Foreign Trade and Business in Taiwan (Republic of China).

  1. Introduction to Taiwan (ROC Republic of China)
  2. Taiwanese Economy: one of the Four Asian Tigers
  3. Taiwanese Strategic Sectors
    1. Food
    2. Automotive
    3. Biotechnology
    4. Medicine and Health
  4. Doing Business in Taipei
  5. Economic ties with China
  6. Taiwan's International Trade
  7. Competitive advantages of Taiwan
  8. Taiwan as the Asia-Pacific Hub
  9. Foreign Direct Investment (FDI) in Taiwan
  10. Taiwanese Companies and Business People
    1. HTC Corporation
    2. ACER Group
    3. Chang Yung-fa (I-Kuan Tao). Director of Evergreen
  11. Business Opportunities in...
    1. Electronics
    2. Information Technology
    3. Textiles
    4. Semiconductors
  12. Access to the Taiwanese market
  13. Business Plan for Taiwan

The objectives of the Online Subject “Foreign Trade and Business in Taiwan (Republic of China)” are the following:

  1. To analyse the Taiwanese economy and foreign trade
  2. To know the business opportunities in Taiwan
  3. To explore Taiwanese trade relations with the student's country
  4. To know Taiwanese Free Trade Agreements (FTAs)
  5. To examine the profile of Taiwanese companies
  6. To develop a business plan for the Taiwanese market

The eLearning Subject “Doing Business in Taiwan (Republic of China)” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Masters: International Business, Foreign Trade, Asia
  2. Doctorates: Business in Asia, Global Trade
  3. Course: Taoism, Confucianism & Business

Online Asian Student (Master, Doctorate)

Higher Education programs adapted to Taiwanese Students.

The course materials are available in Master in International Business in English (or Study Master Doctorate Business in Spanish Taiwán Study, Master in International Business in French Taïwan).

  1. Credits of the Online Subject “Foreign Trade and Business in Taiwan”: 2 ECTS Credits
  2. Duration: two weeks

Chang Yung-fa Taiwanese Businessman (Course Master)

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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Description of the Online Subject - Doing Business in Taiwan (Republic of China).

Taiwan (Republic of China).

  1. Taiwanese Population: 23 million people
  2. Capital: Taipei
  3. The official language is Mandarin Chinese
  4. Taiwanese Area: 36,200 square kilometres
  5. Taiwan is a Semi-Presidential Republic
  6. Taiwanese currency: New Taiwan Dollar

Religion in Taiwan (Asia).

  1. Mahayana Buddhism (ZEN) and Taoism has a strong presence in Taiwan and to a lesser extent Confucianism
  2. Christianity (1 million)

Taiwan belongs to Buddhist Civilisation / Sinic Civilisation

Taiwanese Economy.

The Republic of China (Taiwan ROC) is one of the Four Asian Tigers, the strategic position at the heart of the Asia-Pacific region, converts Taiwan in a Global manufacturing centre.

Taiwan is one of the most dynamic economies in the World:

  1. 17th world's largest economy
  2. 14th largest exporter
  3. 16th largest importer
  4. Taiwan is the third largest holder of foreign exchange reserves
  5. Small and medium-sized companies (98% of all Taiwanese companies) play a fundamental role in the Taiwanese economy
  6. Taiwanese manufacturing sector represents 25% of the gross domestic product
  7. Top manufactured goods are IC chips, LCD panels, semiconductors, electronic components, mechanical and electrical appliances, textiles, plastics, petrochemical products, electrical machinery, precision instruments, iron, and steel
  8. The Republic of China (Taiwan ROC) has strong competitive advantages in Information and Technology manufacturing industry. Taiwan is the second largest IT hardware manufacturing nation in the World
  9. Enterprises from Taiwan are the main computer monitors suppliers in the World and leaders in PC production
  10. Textile and apparel production is still a major export sector of Taiwan (200,000 workers)
  11. Taiwanese services sector represent 69% of the gross domestic product
  12. Top service activities in the Republic of China (Taiwan ROC) are wholesale and retail (19% of the gross domestic product), property (real estate) and leasing, financial services and insurance, transport, and information and communications providers
  13. Taiwan is one of the “four tigers” of Asia, along with South Korea, Singapore, and Hong Kong

International Trade of Taiwan.

The Republic of China has not natural resources and has a small local market, for this reason, the Taiwanese economy is based on international trade (80% of the gross national product).

  1. Taiwan is the fifteenth largest exporter in the World
  2. Top export products of Taiwan: electrical machinery, mechanical appliances, plastics, textiles, and iron and steel
  3. Top Export Markets of Taiwan: The United States, Hong Kong, and Japan (53.3% of total exports)
  4. Taiwan is the 16th largest importer

Economic Relations with China.

On June 29, 2010, Taiwan and mainland China signed the Framework Agreement on Economic Cooperation to strengthen bilateral trade and economy and to reduce political risks between Taiwan and mainland China. Taiwanese official statistics indicate that Taiwan firms had invested 84,400 million dollars in China (more than 50% of the FDI stock).

Foreign direct investment (FDI) in Taiwan.

Taiwan offers some advantages to multinational firms and investors over other countries in Asia. Taiwan's economy has gone from labour-intensive to being knowledge-based and capital-intensive, so the country has a variety of new opportunities for foreign direct investment (FDI) in Taiwan. In fact, some key high-tech industries in the World are in Taiwan.

There are significant business opportunities:

  1. Semiconductors
  2. Opto-Electronics
  3. Precision Machinery and Instrumentation
  4. Metals
  5. Computers and communication equipment
  6. Electrical products
  7. Civil Aviation and automotive
  8. Biomedical and pharmaceutical products

Taiwan Free Trade Agreements (FTA) (Republic of China).

  1. Taiwan is a member of the Asia-Pacific Economic Cooperation (APEC)
  2. Taiwan has signed Free Trade Agreements (FTA) with Panama, Guatemala, Honduras-El Salvador, and Nicaragua
  3. China-Taiwan Economic Cooperation Framework Agreement

Master Course: Business in Taiwan

Taiwan is a member of:

  1. Asian Development Bank (ADB)
  2. World Trade Organisation (WTO)
  3. United Nations (UN)
  4. Pacific Economic Cooperation Council
  5. OECD

Samples - Business in Taiwan

Nicaragua-Taiwan Free Trade Agreement (Course Master)

Taiwan-Panama Free Trade Agreement (Course Master)

ACER Group Taiwan

Taiwan-Honduras-El Salvador Free Trade Agreement (Course)

Guatemala-Taiwan Free Trade Agreement (Course Master)

e-Course: Asia-Pacific Economic Cooperation APEC

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