Postage stamps and postal history of Taiwan Postage stamps and postal history of Taiwan This is a survey of the postage stamps and postal history of Taiwan, otherwise known as Formosa, and currently governed by the Republic of China. The Republic of China comprises the islands of Taiwan, Penghu, Kinmen, Matsu, and other minor islands, which are located off the east coast of mainland China. Neighboring states include the People's Republic of China to the west, Japan to the north-east, and the Philippines to the south. In 1886 Taiwan was upgraded from a prefecture to a province. A postal service was organised by Governor Liu Mingchuan, 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