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
Central Bank of the Republic of China (Taiwan) bank in 1961, the Bank of Taiwan acted as the "de facto" central bank in Taiwan. On 8 November 1979, the newly revised Central Bank of China Act was promulgated. The Bank of Taiwan issued the New Taiwan dollar until 2000, when the Central Bank of China finally took over the task. In 2000 the English name of the Central Bank of China was renamed Central Bank of the Republic of China (Taiwan) along with a host of other renamings under the Chen Shui-bian administration of state-owned corporations with "China" in their name, such as the Chunghwa Post. The headquarters