|Taiwan - A Smart island mobilizing the world economy (VIDEO)|
For the past 60 years, Taiwan''s economic growth rate has been admired by the world. Since the mid 1990s, Taiwan''s economy has grown at an average rate of 4.2 percent a year while consumer price inflation has average under 1.2 percent. This achievement and the relatively even income distribution gained with it have created the Taiwan experience that has been well renowned in the world. Today, Taiwan has become a major player in the global economic and trade area.
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