Taiwan is located at the heart of the Asia-Pacific region. The island of Taiwan has an area of 35,808 square kilometers (about 13,826 square miles) and 23.7 million inhabitants. With mountain ranges dominating the majority of the island, Taiwan’s ecological resources and nurtures a wide array of tourism. Taiwanese culture is the distinct result of a mix of traditional Chinese, aboriginal, Japanese and other colonial cultures, featuring highly developed technology, English friendly and secure environment. International business travelers to Taiwan will also be highly impressed by Taiwanese people’s hospitality, superior efficiency, and professional services.
Taiwan, one of the most potential destination for MICE in Asia.
Small but Superior Efficiency Industries
Taiwan is a small country but densely populated and heavily urbanized. With the highest density of machinery plants in the world with more than 13,000 factories. This initiative is part of the larger Smart Machinery Industry Promotion Project with the goal of turning Taiwan into a hub for smart machinery development. Global companies such as Google, IBM, and Microsoft continue to invest in Taiwan’s AI sector. Each of these companies has expressed their intentions of developing AI-centric initiatives in Taiwanese cities or has already implemented the first steps. Needless to say, the integration of social media and technologies such as APPs, QR-Codes, Facebook, RFID, and free-of-charge Wi-Fi have been applied to MICE activities, offering advanced, convenient, and real-time services to MICE visitors.
Taiwan ranked 4th in innovation capability, which was the best in Asia-Pacific.
Taiwan is the best in terms of per capita patent applications and the proportion of R & D expenditure to GDP. Taiwan is one of only four economies to score above 80 on the Innovation capability pillar, together with Germany, the United States and Switzerland, with only one-quarter of the 141 economies scoring above 50. Taiwan ranked 4th in innovation capability, sixth in financial system, 11th in ICT adoption, 14th in product market, 15th in labor market, 16th in infrastructure, 19th in market size and 24th in institutions.
Taiwan ranked 1st in “Macroeconomic stability” in the world by WEF.
Taiwan ranked 1st in “Macroeconomic stability” in the 2018 edition of the Global Competitiveness Report released by Geneva-based World Economic Forum (WEF). Taiwan is the 12th most competitive nation in the world out of 141 countries ranked, 4th among Asia-Pacific economies. Behind Singapore, Hong Kong and Japan, but ahead of South Korea (13th), Australia (16th), New Zealand (19th), Malaysia (27th) and China (28th). The economy of Taiwan is a developed capitalist economy that ranks as the seventh largest in Asia and 22nd-largest in the world by purchasing power parity (PPP). Taiwan’s stable economic environment, alongside high insurance coverage rate and high proportion of private financing for domestic companies. In view of above mentioned reasons, Taiwan’s competitiveness of financial system has greatly improved.
台灣「創新能力」全球排名第 4，亞太第 1
台灣在人均專利申請數、R&D支出對GDP之佔比與跨國合作專利數方面最佳，包括「互動與多樣性」全球第 3，其中產業群聚發展排第 3、勞動力多元化全球第 4；而「研究與開發」評比第 7，項下的專利數全球排第 3、研發支出占國內生產毛額（GDP）第 5 名等，創新力與德國、美國及瑞士列為全球 4 大創新國。
台灣「總體經濟穩定」全球第 1 名
此外，台灣的總體經濟環境穩定，國內的高度資本化市場、極高的保險投保率、私營企業在獲得國內融資比例高，皆大幅度提高台灣金融體系的競爭力。台灣競爭力排名全球第 12、亞洲第 4 強，「總體經濟穩定度」與其他 33 國並列第1。
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