Taiwan’s economy has continued to grow for the past 20 years thanks in part to westward business expansion into mainland China. However, as costs associated with land, labor, environmental protection and capital acquisition in mainland China have continued to rise, the government introduced the New Southbound Policy to assist in the continued development of Taiwan’s business community.

Taiwan Food and Drug Administration (TFDA) in collaboration with Japan in APEC Life Science Innovation Forum - Regulatory Harmonization Steering Committee (LSIF-RHSC) promotes Good Registration Management (GRM). A memorandum of understanding (MOU) was signed between TFDA and APEC LSIF in July 2017, and TFDA is an APEC Training Center of Excellence (CoE) in Regulatory Science in the area of Good Registration Management.

An exhibition of Taiwan contemporary art kicked off Oct. 26 at the Taipei Representative Office in Singapore as part of a government program aimed at expanding cultural exchanges and promoting the nation’s vibrant arts scene.

In the spirit of reinforcing bilateral relations between Taiwan and Singapore through cultural exchange, the Taipei Representative Office in Singapore opened an art exhibition entitled “Future Allegories: An Exhibition of Taiwanese Contemporary Arts” on 26 October 2017, under the auspices of the Ministry of Foreign Affairs and the Ministry of Culture.

The 2017 Pacific Islands Leadership Program with Taiwan concluded Oct. 25 in Taipei City, spotlighting the nation’s role in fostering development across the region.

Premier Lai Ching-te today said that Asia-Pacific Economic Cooperation (APEC) stands as an important cooperative organization for developing trade and economic growth in the Asia-Pacific region, as well as a key platform for Taiwan and other nations in the region to expand policy discussions, technology exchanges and industrial development.

Today marked the opening of an APEC workshop to promote women and girls’ participation in science, technology, engineering and mathematics (STEM).

Taiwan social entrepreneur Lin Nien-tzu—founder of Nepal-based Dharti Mata Sustainable Workshop—is featured in this year’s BBC 100 Women, a list compiled by the British broadcaster of the most influential and inspirational women in the world.

President Tsai Ing-wen met on the afternoon of October 16 with Mr. Cadel Evans, an internationally famous racing cyclist from Australia who will participate in the 2017 Taiwan King of the Mountain (KOM) Challenge. She expressed hope that, through cycling, Taiwan will become more connected with the world.