Four-Stage Theory of the Republic of China its remaining major component – the island of Taiwan, as opposed to its decades-long claim to all China since losing the civil war in 1949. Prior to this speech, the government officials used "Republic of China" when the name of the state was used. Lee's usage is considered as a departure from the convention, as this usage can be interpreted in the sense that the Republic of China's sovereignty does not extend to mainland China, which the People's Republic of China controls. The Democratic Progressive Party's 1999 Resolution on Taiwan's Future, which is accorded equivalent status as the Party charter,
Economy of Taiwan as in mainland China and Vietnam, Taiwan's future development will have to rely on further transformation to a high technology and service-oriented economy. In recent years, Taiwan has successfully diversified its trade markets, cutting its share of exports to the United States from 49% in 1984 to 20% in 2002. Taiwan's dependence on the United States should continue to decrease as its exports to Southeast Asia and mainland China grow and its efforts to develop European markets produce results. Taiwan's accession to the WTO and its desire to become an Asia-Pacific "regional operations center" are spurring further economic liberalization. Taiwan