{"id":18639,"date":"2021-05-13T12:46:54","date_gmt":"2021-05-13T12:46:54","guid":{"rendered":"https:\/\/sms-bridges.com\/staging\/?p=18639"},"modified":"2024-05-20T01:57:30","modified_gmt":"2024-05-20T01:57:30","slug":"taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry","status":"publish","type":"post","link":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/","title":{"rendered":"Taiwan and Japan: Dynamic partners in commerce, investment and industry"},"content":{"rendered":"\n
\"\"
Chiu Hui-Li<\/strong>, Executive Director, Market Development Department, TAITRA   |  \u00a9 TAITRA<\/em><\/figcaption><\/figure><\/div><\/a><\/div>\n\n\n\n

By actively pursuing opportunities through bilateral, regional and multilateral channels, Taiwan has developed a dynamic economy.<\/p>\n\n\n\n

Today, major industries in Taiwan include electronics, petroleum refining, chemicals, textiles, machinery, food processing, services, consumer products and pharmaceuticals.<\/p>\n\n\n\n

With its population of 23.8 million, Taiwan offers investors attractive market opportunities and most importantly, a strong regional partner with an increasingly significant role in global industrial transformation.<\/p>\n\n\n\n

The international community has praised Taiwan for its effective response to the coronavirus pandemic. Border controls, public- and private-sector cooperation, big data analytics, testing and contact-tracing have enabled Taiwan to tackle the challenges of containing the coronavirus and protecting its economy.<\/p>\n\n\n\n

\u201cTaiwan is one of the friendliest countries toward Japan and due to its geographic location, Taiwan has long been one of Japan\u2019s cooperative partners in commerce, investment and industry.\u201d<\/p>CHIU HUI-LI<\/strong>, Executive Director, Market Development Department, TAITRA<\/span><\/cite><\/blockquote>\n\n\n\n

\"\"
Hiroyasu Izumi<\/strong>, Chief Representative, The Japan-Taiwan Exchange Association  |  \u00a9 The Japan-Taiwan Exchange Association<\/em><\/figcaption><\/figure><\/div><\/a><\/div>\n\n\n\n

As the economy recovers, the longer-term challenge is global competition and Taiwan is repositioning itself as one of Japan\u2019s most important regional partners.<\/p>\n\n\n\n

TAITRA<\/strong><\/p>\n\n\n\n

From 1952 to 2020, over 33,000 cases of Japanese foreign direct investment reached Taiwan, amounting to $48.7 billion.<\/p>\n\n\n\n

Since 1970, Taiwan\u2019s trade promotion organization, the Taiwan External Trade Development Council (TAITRA), has played an important role in Taiwan- Japan relations.<\/p>\n\n\n\n

\u201cTaiwan is one of the friendliest countries toward Japan and due to its geographic location, Taiwan has long been one of Japan\u2019s cooperative partners in commerce, investment and industry,\u201d said Chiu Hui-Li, executive director of TAITRA\u2019s Market Development Department.<\/p>\n\n\n\n

\u201cAs Japan\u2019s fourth-largest trading partner, our bilateral trade volume in 2020 reached $71.18 billion. Although Taiwan and Japan do not have formal diplomatic relations, our bilateral civic friendship, economic, trade and industry cooperation exist on a very strong foundation. Moving forward, Taiwan will remain one of the best global cooperative partners for Japan.\u201d<\/p>\n\n\n\n

As Taiwanese and Japanese manufactures share the need to develop third-country markets together, TAITRA is supporting companies as they work more closely together to serve customers in foreign markets. \u201cTAITRA handles Japan-Taiwan industrial supply chain cooperation in third countries through trade promotion activities and industrial cooperation initiatives to coordinate a win-win strategy for Taiwanese and Japanese manufacturers,\u201d Chiu said.<\/p>\n\n\n\n

JTEA playing crucial role<\/strong><\/p>\n\n\n\n

The desire of Taiwan and Japan to cooperate more closely is being strengthened by the Japan-Taiwan Exchange Association.<\/p>\n\n\n\n

\u201cAs essential partners, Japan and Taiwan have developed economic ties in various fields over several decades,\u201d said Hiroyasu Izumi, the Japan-Taiwan Exchange Association\u2019s chief representative.<\/p>\n\n\n\n

\u201cIn 2020, trade remained in line with yearly averages despite increases in transportation costs, and trade is expected to increase once shipping container shortages and the rise in transportation costs is resolved,\u201d Izumi said. \u201cDemand for electronic components and semiconductors is also expected to increase.<\/p>\n\n\n\n

\u201cIt is important to strengthen the Taiwan-Japan Relationship in order to achieve sustainable economic growth. We believe our cooperation will continue and together we will find solutions to global challenges.\u201d<\/p>HIROYASU IZUMI<\/strong>, Chief Representative, The Japan-Taiwan, Exchange Association<\/span><\/cite><\/blockquote>\n\n\n\n

\u201cKey industries have realized the importance of restructuring their supply chains and to recognize the risks involved in centralized production and procurement. The digitalization and digital transformation of businesses will lead to increased demand within the semiconductor, information technology and electronics industries and we expect trade in these sectors to increase accordingly.<\/p>\n\n\n\n

\u201cIt is important to strengthen the Taiwan-Japan relationship in order to achieve sustainable economic growth. We believe our cooperation will continue and together we will find solutions to global challenges.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

en.taitra.org.tw<\/a><\/strong>
www.koryu.or.jp\/en<\/a><\/strong><\/p>\n\n\n\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Taiwan has successfully positioned itself as a strong regional and international trade partner.<\/p>\n

By actively pursuing opportunities through bilateral, regional and multilateral channels, Taiwan has developed a dynamic economy.<\/p>\n","protected":false},"author":1,"featured_media":18743,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[292,259,293,829,371],"tags":[518],"class_list":{"0":"post-18639","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-articles","8":"category-bridging-japan","9":"category-editorial","10":"category-editorial-taiwan-jt-bridging-japan","11":"category-taiwan-jt-bridging-japan","12":"tag-editorial"},"yoast_head":"\nTaiwan and Japan: Dynamic partners in commerce, investment and industry - Bridges Magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taiwan and Japan: Dynamic partners in commerce, investment and industry - Bridges Magazine\" \/>\n<meta property=\"og:description\" content=\"Taiwan has successfully positioned itself as a strong regional and international trade partner. By actively pursuing opportunities through bilateral, regional and multilateral channels, Taiwan has developed a dynamic economy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Bridges Magazine\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synergymediaspecialists\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-13T12:46:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-20T01:57:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"679\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/\",\"url\":\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/\",\"name\":\"Taiwan and Japan: Dynamic partners in commerce, investment and industry - Bridges Magazine\",\"isPartOf\":{\"@id\":\"https:\/\/sms-bridges.com\/staging\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1.png\",\"datePublished\":\"2021-05-13T12:46:54+00:00\",\"dateModified\":\"2024-05-20T01:57:30+00:00\",\"author\":{\"@id\":\"https:\/\/sms-bridges.com\/staging\/#\/schema\/person\/eaf7d4c43ce3e1ea0fd879b0a773026a\"},\"breadcrumb\":{\"@id\":\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#primaryimage\",\"url\":\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1.png\",\"contentUrl\":\"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1.png\",\"width\":\"1200\",\"height\":\"679\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sms-bridges.com\/staging\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Taiwan and Japan: Dynamic partners in commerce, investment and industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sms-bridges.com\/staging\/#website\",\"url\":\"https:\/\/sms-bridges.com\/staging\/\",\"name\":\"Bridges Magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sms-bridges.com\/staging\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sms-bridges.com\/staging\/#\/schema\/person\/eaf7d4c43ce3e1ea0fd879b0a773026a\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sms-bridges.com\/staging\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5d7dc114819c0fd11109ff3f854e2b75ac454168be5286ba34981d1fb66cdb3a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5d7dc114819c0fd11109ff3f854e2b75ac454168be5286ba34981d1fb66cdb3a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/sms-bridges.com\/staging\"],\"url\":\"https:\/\/sms-bridges.com\/staging\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Taiwan and Japan: Dynamic partners in commerce, investment and industry - Bridges Magazine","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/","og_locale":"en_US","og_type":"article","og_title":"Taiwan and Japan: Dynamic partners in commerce, investment and industry - Bridges Magazine","og_description":"Taiwan has successfully positioned itself as a strong regional and international trade partner. By actively pursuing opportunities through bilateral, regional and multilateral channels, Taiwan has developed a dynamic economy.","og_url":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/","og_site_name":"Bridges Magazine","article_publisher":"https:\/\/www.facebook.com\/synergymediaspecialists","article_published_time":"2021-05-13T12:46:54+00:00","article_modified_time":"2024-05-20T01:57:30+00:00","og_image":[{"width":1200,"height":679,"url":"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/","url":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/","name":"Taiwan and Japan: Dynamic partners in commerce, investment and industry - Bridges Magazine","isPartOf":{"@id":"https:\/\/sms-bridges.com\/staging\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#primaryimage"},"image":{"@id":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#primaryimage"},"thumbnailUrl":"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1.png","datePublished":"2021-05-13T12:46:54+00:00","dateModified":"2024-05-20T01:57:30+00:00","author":{"@id":"https:\/\/sms-bridges.com\/staging\/#\/schema\/person\/eaf7d4c43ce3e1ea0fd879b0a773026a"},"breadcrumb":{"@id":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#primaryimage","url":"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1.png","contentUrl":"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1.png","width":"1200","height":"679"},{"@type":"BreadcrumbList","@id":"https:\/\/sms-bridges.com\/staging\/taiwan-and-japan-dynamic-partners-in-commerce-investment-and-industry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sms-bridges.com\/staging\/"},{"@type":"ListItem","position":2,"name":"Taiwan and Japan: Dynamic partners in commerce, investment and industry"}]},{"@type":"WebSite","@id":"https:\/\/sms-bridges.com\/staging\/#website","url":"https:\/\/sms-bridges.com\/staging\/","name":"Bridges Magazine","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sms-bridges.com\/staging\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/sms-bridges.com\/staging\/#\/schema\/person\/eaf7d4c43ce3e1ea0fd879b0a773026a","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sms-bridges.com\/staging\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5d7dc114819c0fd11109ff3f854e2b75ac454168be5286ba34981d1fb66cdb3a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5d7dc114819c0fd11109ff3f854e2b75ac454168be5286ba34981d1fb66cdb3a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/sms-bridges.com\/staging"],"url":"https:\/\/sms-bridges.com\/staging\/author\/admin\/"}]}},"author_meta":{"display_name":"admin","author_link":"https:\/\/sms-bridges.com\/staging\/author\/admin\/"},"featured_img":"https:\/\/sms-bridges.com\/staging\/wp-content\/uploads\/2015\/05\/TW21-banner-bridges-1-300x170.png","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/sms-bridges.com\/staging\/category\/articles\/\" class=\"advgb-post-tax-term\">Articles<\/a>","<a href=\"https:\/\/sms-bridges.com\/staging\/category\/articles\/bridging-japan\/\" class=\"advgb-post-tax-term\">Bridging Japan<\/a>","<a href=\"https:\/\/sms-bridges.com\/staging\/category\/industries\/editorial\/\" class=\"advgb-post-tax-term\">Editorial<\/a>","<a href=\"https:\/\/sms-bridges.com\/staging\/category\/articles\/bridging-japan\/taiwan-jt-bridging-japan\/editorial-taiwan-jt-bridging-japan\/\" class=\"advgb-post-tax-term\">Editorial<\/a>","<a href=\"https:\/\/sms-bridges.com\/staging\/category\/articles\/bridging-japan\/taiwan-jt-bridging-japan\/\" class=\"advgb-post-tax-term\">Taiwan<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Articles<\/span>","<span class=\"advgb-post-tax-term\">Bridging Japan<\/span>","<span class=\"advgb-post-tax-term\">Editorial<\/span>","<span class=\"advgb-post-tax-term\">Editorial<\/span>","<span class=\"advgb-post-tax-term\">Taiwan<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/sms-bridges.com\/staging\/category\/articles\/bridging-japan\/taiwan-jt-bridging-japan\/\" class=\"advgb-post-tax-term\">Editorial<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Editorial<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 5 years ago","modified":"Updated 2 years ago"},"absolute_dates":{"created":"Posted on May 13, 2021","modified":"Updated on May 20, 2024"},"absolute_dates_time":{"created":"Posted on May 13, 2021 12:46 pm","modified":"Updated on May 20, 2024 1:57 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/posts\/18639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/comments?post=18639"}],"version-history":[{"count":0,"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/posts\/18639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/media\/18743"}],"wp:attachment":[{"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/media?parent=18639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/categories?post=18639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sms-bridges.com\/staging\/wp-json\/wp\/v2\/tags?post=18639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}