Taiwan's GDP = gross regional product last year saw a modest decline in consumption due to the suppression of infection with the new coronavirus, and strong orders for semiconductors and other products boosted exports due to the effects of the US-China conflict. As a result, we recorded one of the few positive growths in the world.

Last year's GDP increased by 2.98% in preliminary figures compared to the previous year, according to the announcement by the Executive Yuan of Taiwan.



As the infection of the new coronavirus spreads worldwide, the Taiwanese authorities have taken measures such as travel restrictions and quarantine quickly and rigorously to curb the infection in the region, and also to buy a cash voucher that can be purchased three times as much as the out-of-pocket cost. Promotional measures such as issuance have had some effect, and the decline in consumption has been modest.



In addition, strong orders for semiconductors, etc., partly due to the effects of the US-China conflict, and increased demand for personal computers, etc. due to the spread of telework, boosted exports, which contributed to the growth of GDP.



As a result, Taiwan became one of the few countries / regions that recorded positive growth in the corona stagnation, surpassing China, which was 2.3%.



Wu Peifu, an expert advisor in charge of statistics at the Executive Yuan, acknowledged that "sustaining production and consumption activities through effective infection control has led to such growth."



* Sen is a "turn" to the "king"