Tai Wan
Demographic Details
Until 2009, the population of Taiwan is about 23 million.
In Taiwan, 72.6% people are 15 to 64, and has 16.7% people are under 14, 10.7% people are over 65.
Birth rate: 8.99 births/1,000 population
Death rate: 6.76 deaths/1,000 population
Population growth rate: 0.227% (2009 est.)
Ethnic groups:
Taiwanese (including Hakka) 84%
(these people are emigrated from China Mainland
wedding dresses to Taiwan in the early 17th century)
Mainland Chinese 14%
(They are fled to Taiwan after Nationalist parties lose the Chinese Civil war, most of them are soldier and their family.)
Taiwanese aborigines 2%
Languages: Mandarin Chinese (official),
Taiwanese (Min)
Hakka dialects
Cultural Nuances in Taiwan
“Have you eaten?” is a standard greeting.
Avoid giving knives,
wedding gowns scissors or cutting tools because these things as they symbolize the cutting off of friendships
Business relationships are based on respect.
Legal Barriers
Taiwan
has few trade barriers that limited American exports, such as
automobiles, rice. Also, Taiwan put a ban on U.S. beef imports.
The legal demeanors mostly occur in the country of export; therefore the Legal jurisdiction will be in Taiwan.
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However, Taiwan’s civil law has many conflicts with American law.
Therefore, law and jurisdiction of Taiwan will be one of the legal
barriers for marketers.
The other legal barriers will be language; Taiwan’s official language is Mandarin with some Taiwanese and Hakka dialects.
Potential target markets
Considering the major environmental problems Taiwan has, government has been promoted people to protect environment.
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Also, they enacted law and policies to protect environment. And Taiwan
people uphold these law and policies. Therefore, “Green” technologies
will be a potential market in Taiwan.
Main governmental drivers
The governmental type of Taiwan is multiparty democracy.
The Political parties are Democratic Progressive Party
Kuomintang or Nationalist Party
Non-Partisan Solidarity Union
People First Party
Now the ruling party is Kuomintang, we also call it Nationalist Party
The Main economic drivers in Taiwan are
Notebook personal computers (PCs) such as Asus (computer accessories). Acer (PC products),
Liquid crystal display (LCD) monitors,
PC cameras and DVD discs. Such as BenQ (LCD monitors and digital cameras)
Bicycle manufacturing- like Giant (bicycles).
Religious makeup or derivatives
Over 93% of Taiwanese are Buddhist; 4.5% people are Christian, 2.5% people are believed in other religions.
Mazu is an important goddess for Taiwanese people, she symbolizes the seafaring spirit.
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