Geography of Taiwan and Green Island to the southeast, separated from the northernmost islands of the Philippines by the Bashi Channel. The islands of Kinmen and Matsu near the coast of Fujian across the Taiwan Strait have a total area of ; the Pratas and Taiping islets in the South China Sea are also administered by the ROC, but are not part of the Taiwanese archipelago. The island of Taiwan was formed approximately 4 to 5 million years ago at a complex convergent boundary between the Philippine Sea Plate and the Eurasian Plate. In a boundary running the length of the island and
Economy of Taiwan new economic landscape, and as an island economy with lack of natural resources and comparatively lower domestic aggregate demand, Taiwan's highly educated human resources would contribute greatly to Value added Innovation management for expanding Taiwan's international trade. Taiwan has transformed itself from a recipient of U.S. aid in the 1950s and early 1960s to an aid donor and major foreign investor, with investments primarily centered in Asia. Private Taiwanese investment in mainland China is estimated to total in excess of US$150 billion, and official tallies cite Taiwan as having invested a comparable amount in Southeast Asia. Taiwan has historically benefited