_#_Elections:
President—last held 21 March 1990 (next to be held March 1996); results—President LI Teng-hui was reelected by the National Assembly;
Vice President—last held 21 March 1990 (next to be held March 1996); results—LI Yuan-zu was elected by the National Assembly;
Legislative Yuan—last held 2 December 1989 (next to be held December 1992); results—KMT 65%, DPP 33%, independents 2%; seats—(304 total, 102 elected) KMT 78, DPP 21, independents 3;
National Assembly:—originally elected in November 1947 (last supplementary election in December 1986; Assembly will be completely reelected in December 1991)
_#_Member of: expelled from UN General Assembly and Security Council on 25 October 1971 and withdrew on same date from other charter-designated subsidiary organs; expelled from IMF/World Bank group April/May 1980; seeking to join GATT; attempting to retain membership in INTELSAT; suspended from IAEA in 1972, but still allows IAEA controls over extensive atomic development; AsDB, ICC, ICFTU, IOC
_#_Diplomatic representation: none; unofficial commercial and cultural relations with the people of the US are maintained through a private instrumentality, the Coordination Council for North American Affairs (CCNAA) with headquarters in Taipei and field offices in Washington and 10 other US cities with all addresses and telephone numbers NA;
US—unofficial commercial and cultural relations with the people of
Taiwan are maintained through a private institution, the American
Institute in Taiwan (AIT), which has offices in Taipei at #7 Lane 134,
telephone [886] (2) 709-2000, and in Kao-hsiung at #2 Chung Cheng 3d
Road, telephone [886] (7) 224-0154 through 0157, and the American Trade
Center at Room 3207 International Trade Building, Taipei World Trade
Center, 333 Keelung Road Section 1, Taipei 10548, telephone [886] (2)
720-1550
_#_Flag: red with a dark blue rectangle in the upper hoist-side corner bearing a white sun with 12 triangular rays
_*Economy #_Overview: Taiwan has a dynamic capitalist economy with considerable government guidance of investment and foreign trade and partial government ownership of some large banks and industrial firms. Real growth in GNP has averaged about 9% a year during the past three decades. Export growth has been even faster and has provided the impetus for industrialization. Agriculture contributes about 4% to GNP, down from 35% in 1952. Taiwan currently ranks as number 13 among major trading countries. Traditional labor-intensive industries are steadily being replaced with more capital- and technology-intensive industries.