Legislative branch: unicameral Legislative Yuan and unicameral
National Assembly
Legislative Yuan: elections last held 19 December 1992 (next to be
held NA December 1995); results - KMT 60%, DPP 31%, independents 9%;
seats - (304 total, 161 elected) KMT 96, DPP 50, independents 15
National Assembly: first National Assembly elected in November 1946
with a supplementary election in December 1986; second and present
National Assembly elected in December 1991; seats - (403 total) KMT
318, DPP 75, other 10; (next election to be held probably in 1996 and
will be a direct popular election)
Judicial branch: Judicial Yuan
Political parties and leaders: Kuomintang (KMT, Nationalist Party), LI
Teng-hui, chairman; Democratic Progressive Party (DPP), SHIH Ming-teh,
chairman; Chinese New Party (CNP); Labor Party (LP)
Other political or pressure groups: Taiwan independence movement,
various environmental groups
note: debate on Taiwan independence has become acceptable within the
mainstream of domestic politics on Taiwan; political liberalization
and the increased representation of the opposition Democratic
Progressive Party in Taiwan's legislature have opened public debate on
the island's national identity; advocates of Taiwan independence, both
within the DPP and the ruling Kuomintang, oppose the ruling party's
traditional stand that the island will eventually unify with mainland
China; the aims of the Taiwan independence movement include
establishing a sovereign nation on Taiwan and entering the UN; other
organizations supporting Taiwan independence include the World United
Formosans for Independence and the Organization for Taiwan Nation
Building
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, APEC, AsDB, BCIE, ICC, IOC, WCL
Diplomatic representation in US: none; unofficial commercial and cultural relations with the people of the US are maintained through a private instrumentality, the Taipei Economic and Cultural Representative Office (TECRO) with headquarters in Taipei and field offices in Washington and 10 other US cities
US diplomatic representation: 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, Hsin Yi Road, Section 3, 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
@Taiwan: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. Inflation and unemployment are remarkably low. Agriculture contributes about 4% to GDP, 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. Taiwan has become a major investor in China, Thailand, Indonesia, the Philippines, Malaysia, and Vietnam. The tightening of labor markets has led to an influx of foreign workers, both legal and illegal.