RESTRICTED FILE COPg YRESTRICTED F iLE COPY Report No. AS- 142a This report was prepared for use within the Bank and its affiliated organizations. They do not accept responsibility for its accuracy or completeness. The report may not be published nor may it be quoted as representing their views. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION CURRENT ECONOMIC POSITION AND PROSPECTS OF THE REPUBLIC OF CHINA (in two volumes) VOLUME II STATISTICAL APPENDIX September 11, 1968 Asia Department CURRENCY EQUIVALENTS 1 U. S. dollar = 40 New Taiwan dollars NT$l = US$0. 025 NT$1, 000, 000 = US$z5,000 PLAN PERIODS Fourth Four-Year Plan: 1965 - 1968 Fifth Four-Year Plant 1969 - 19lZ STATISTICAL APPENDIX Table No. Table Titles Table No. A. External Debts 1. External Medium-and bng-Term Public Debt Outstanding Including Undisbursed as of December 31, 1967 1 2. Estimated Contractual Service Payments Due in Future on External Medium-and Long-Term Public Debt Outstanding Including Un- disbursed as of December 31, 1968 2 B. Population and Employment 3. Population Growth Data 3 4. Population of Working Age and Dependents Age 4 5. Employment by Industries 5 C. National Accounts 6. Growth of Gross National Product 6 7. Industrial Origin of Net Domestic Product at Current Prices 7 8. Expenditure on Gross National Product at Current Market Prices 8 9. Gross Fixed Capital Formation by Industrial Use 9 D. Production 10. Indices of Agricultural and Industrial Production 10 11. Agricultural Land Utilization 11 12. Area Planted to Principal 2rops 12 13. Production of Principal Agricultural Crops 13 14. Value of Production of Principal Agricultural Crops 14 15. Indices of Agricultural Inputs 15 16. Timber Production 16 17. Fisheries: Number of Vessels and Production 17 18. Output of Principal Mining and Industrial Products 18 E. Energy and Transportation 19. Demand and Supply of Energy Materials 19 20. Transportation Data 20 F. External Trade and Payments 21. Value of Principal Exports 21 22. Exports by Regions and by Countries of Destination 22 23. Exports of Major Commodities to Principal Countries of Destination in (a) 1965, (b) 1966, and (c) 1967 23 24. Value of Principal Imports 24 - 2 - STATISTICAL ALPENDIX (Continued) Table No. Table Titles Table No. 25. Imports by Regions and by Countries of Origin 25 26. Receipts and Payments on Goods and Services 26 27. Balance of Payments 27 28. U.S. AID 28 G. Public Finance 29. Consolidated Budget of all Levels of Government 29 30. Revenues from Taxes and Monopolies 30 31. Revenues, Expenditures and Profits or Loss of Central Governmant 31 Enterprises, 1966 H. Money and Banking 32. Consolidated Statement of Conditions of the Monetary System 32 33. Factors Affecting the Money Supply 33 34. Interest Rates 34 I. Prices 35. Indices of Wholesale Prices at Taipei 35 36. Indices of Major City Consumers' Prices 36 Table 1 External Medium- and Long-Ter--/Public Debt Outstanding Including Undisbursed as of December 31, 1967 Debt repayable in foreign currency (in thousand US dollars) Debt outstanding December 31, 1967 Disbursed Including only undisbursed Total External Public Debt 553,577 738,621 Loans not in servic b78,5h0 World War II intergovernmental debt 592139 59,139 $150,000,000 Sino-Soviet loan 1939 46,128 46,12 £ 70,859,00o Sino-British loans 1939 and 1941 13,011 13,011 Post-World War II debt 119 hol ll9,401 U.S. Government loans 65,42 65,426 Export-Import Bankcs 184T37 18,437 Other 46,989 46,989 Canadian Government loans 53,975 53,975 Loans with repayment terms not settled 882684 88,68 World War II debt 19 594 199594 £ 50,000,000 Sino-British loan 1944 19. 9,594 Post-World War II debt 69,090 69,o90 $79,081,782 U.S. Government surplus property credits 69,090 69,o90 Loans currently in service 286?353 471,397 Privately-placed debt 76,217 89,041 Suppliers' credits 76,067 89,891 Private bank credits 150 -150 IERD loans 32;584 85,557 IDA credits 13,083 13,083 U.S. Government loans 121,098 179,883 Export-Import Bank 34,017 71,492 AID 52,267 52,980 Department of Agriculture 3b,794 55,411 Loans from Governments of other IERD members u3,371 103,833 Canada 465 4,625 Japan 38,7hh 99,206 Pakistan 2 2 a/ Debt with an original or extended maturity of one year or more. 57 Excludes all pre-World War II debt, consiebing almost entirely of publicly- issued bonds, the exact value of which is not definitely established. c/ Excludes re-negotiated portions of three Export-Import Bank loans, included below as currently in service. Source: Statistical Services Division, Fc-dnomics Department, April 9, 1968 Table 2 Estimated Contractual Service Payments Due in Future on External Medium- and Long-Term Public Debt Outstanding Including Undisbursed as of December 31, 1967 a/ Debt repayable in foreign currency (in thousand US dollars) Debt Outstanding (Beginning of Per- iod) Including Un- Payments During Period Year disbursed Amortization Interest Total G r a n d T o t a 1 1968 423,516 20,658 10,576 31,234 1969 402,858 29,333 12,797 42,131 1970 373,525 31,304 13,800 45,104 1971 342,221 32,155 13,780 45,935 1972 310,066 35,332 12,550 47,883 1973 274,734 34,212 11,495 45,707 1974 240,521 31,019 9,945 40,965 1975 209,502 27,689 8,499 36,187 1976 181,813 26,062 7,184 33,246 1977 155,751 38,492 5,981 44,472 1978 117,260 19,101 4,091 23,193 1979 98,158 13,994 3,236 17,230 1980 84,164 12,398 2,618 15,015 1981 71,766 11,148 2,076 13;224 1982 60,618 9,594 1,596 11,190 Privately-Placed Debt - Total 1968 79,958 12,155 2,419 14,57k 1969 67,803 12,987 2,468 15,456 1970 54,816 9,828 2,061 11,889 1971 44,988 8,102 1,712 9,814 1972 36,886 7,828 1,408 9,236 1973 29,058 5,636 1,139 6,775 1974 23,422 3,828 981 4,809 1975 19,595 2,313 869 3,181 1976 17,282 923 820 1,743 1977 16,359 15,676 842 16,518 1978 683 683 31 714 - 2 - Table 2 cont'd. Debt Outstanding (Beginning of Per- iod) Including Un- Payments During Period Year disbursed Amortization Interest Total Suppliers' Credits 1968 79,808 12,105 2,,419 14,524 1969 67,703 12,937 2,h68 15,406 1970 54,766 9,778 2,061 11,839 1971 4h,988 8,102 1.,712 9,814 1972 36,886 7,828 1,408 9,236 1973 29,058 5,636 1,139 6,775 1974 23,422 3,828 981 4,809 1975 19,595 2,313 869 3,181 1976 17,282 923 820 1,743 1977 16,359 15,676 842 16,518 1978 683 683 31 714 Private Bank Credits 1968 150 50 - 50 1969 100 50 - 50 1970 50 50 - 50 ITBD loans 1968 85,557 1,395 2;117 3,512 1969 8h,162 2,988 2,724 5,712 1970 81,174 3,895 3,701 7,596 1971 77,279 5,427 4,071 9,498 1972 71,852 6,200 3,995 10,195 1973 65,652 6,293 3,771 10,l)64 1974 59,359 6,371 3,401 9,772 1975 52,988 6,580 3,023 9,603 1976 46,408 6,728 2,630 9,358 1977 39,680 6,608 2,233 8,841 1978 33,072 6,370 1,840 8,210 1979 26,702 44,525 1,488 6,013 1980 22,177 3,8714 1,235 5,109 1981 18,303 4,053 1,007 5,060 1982 14,250 3,444 767 4,211 -3- Table 2 cont'd. Debt Outstanding (Beginning of Per- iod) Including Un- Payments During Period Year disbursed Amortization Interest Total IDA Credits 1968 13,083 - 98 98 1969 13,083 - 98 98 1970 13,083 - 98 98 1970 13,083 - 98 98 1971 13,083 - 98 98 1972 13,083 131 98 229 1973 12,952 131 97 228 1974 12,821 131 96 227 1974 12,691 131 95 226 1976 12,560 131 94 225 1977 12,429 131 93 224 1978 12,298 131 92 223 1979 12,167 131 91 222 1980 12,036 131 90 221 1981 11,906 131 89 220 1982 11,775 392 88 h80 U.S. Gov't. - Other Loans 1968 69,593 2,491 1,452 3,94 1969 67,102 2,995 1,387 4,381 1970 64,107 3,066 1,299 4,366 1971 61,040 3,141 1,209 4,350 1972 57,900 3,541 1,117 4,658 1973 54,358 4,009 1,018 5,026 197k 50,350 4,155 914 5,o69 1975 46,195 4,24o 807 5,047 1976 41,955 4,329 697 5,026 1977 37,626 4,420 584 5,00k 1978 33,206 4,265 468 4,733 1979 28,940 3,331 368 3,699 1980 25,609 3,387 290 3,678 1981 22,222 - 2,668 210 2,878 1982 19,554 1,737 171 1,908 - 4 - Table 2 cont'd. Debt Outstanding (Beginning of Per- iod) Including Un- Payments During-Period Year disbursed Amortization Interest Total Other Gov't. Loans - Total 1968 103,833 773 2.,474 3,247 1969 103,060 5,484 3,317 8,800 1970 97,576 7,,4o5 3,507 10,912 1971 90,172 8,471 3,783 12,255 1972 81,701 9,185 3,418 12,603 1973 72,516 10,197 3,414 13,610 1974 62,319 9,426 2,910 12,336 1975 52,893 9,426 2,407 11,833 1976 43,467 9,426 1,904 11,330 1977 34,o42 9,426 1,401 10,827 1978 24,616 5,421 955 6j377 1979 19,194 3,777 706 44,1483 1980 15,418 2,775 52 3,317 1981 12,643 2,066 432 2j498 1982 10,577 1,790 356 2,145 Loans from Canada 1968 4,625 771 _ 771 1969 3,854 771 _ 771 1970 3,083 771 _ 771 1971 2,313 771 771 1972 1,542 771 771 1973 771 771 _ 771 Loans from Japan 1968 99,206 - 2,474 2k474 1969 99,206 4,713 3,317 8,030 1970 94,493 6,634 3,507 10,141 1971 87,859 7,700 3,783 11,484 1972 80,159 8,414 3,418 11,832 1973 71,745 9,426 3,414 12,839 1974 62,319 9,426 2,910 12,336 1975 52,893 9,426 2,407 11,833 Table 2 cont'd. Debt Outstanding (Beginning of Per- iod) Including Un- Payments Ibring Period Year disbursed Amortization Interest Total Loans from Japan, cont'd. 1976 43,h67 9,,426 l,9o4 11,330 1977 3h,0h2 9,426 1,401 10,827 1978 24.,616 5421 955 6j377 1979. 19,194 3,777 706 4,483 1980 15,418 2,775 542 3,317 1981 12,643 2,066 432 2,498 1982 10,577 1,790 356 2,1J45 Loans from Pakistan 1968 2 2 - 2 a/ Includes only debts which are currently in service as shown in Table 1, prepared April 9, 1968. Does not include service on the following loans for which repayment terms are not available: Suppliers' Credits : $ 9,083,000 outstanding U.S. Surplus Agricultural Commodities Loans : %38,798,000 outstanding Source: Statistical Services Division, Economics Department, April 9, 1968 Table 3 Po2ulation Growth Data _Populationa/ Crude Rateb/ Eid of Total Growth Natural Year (000) Ratei/ Births Deaths Increase 1953 8,438 38.1 45.3 9.4 35.8 1956 9,390 34.5 44.8 8.0 36.8 1960 10,792 34.6 39.5 7.0 32.6 1961 11,149 33.1 38.3 6.7 31.6 1962 11,512 32.5 37.4 6.4 30.9 1963 11,884 31.3 36.2 6.1 30.1 1964 12,257 31.4 34.5 5.7 28.8 1965 12,628 30.3 32.7 5.5 27.2 1966 12,993 28.9 32.4 5.4 27.0 1967C./ 13,329 25.9 28.5 5.5 23.0 i/ Excluding armed forces and foreign nationals. b/ Per thousand of population. c/ The growth rate figure is taken from United Nations, Monthly Bulletin of Statistics and the year-end population figure is derived therefrom. Source: Taiwan Provincial Government, Department of Civil Affairs, Household Registration Statistics. Table 4 Population of Working Age and Dependent Age (in thousands) Number of Persons of Number of Persons of Percentage Distribution End of Working Age Dependent Age 60 and Year (15-59) Under 15 60 & Over 15-59 Under 15 over 1952 4,352 3,442 334 53.5 42.3 4.2 1953 4,493 3,605 340 53.3 42.7 4.0 1956 4,892 4,123 375 52.1 43.9 4.0 1957 5,013 4,289 388 51.7 44.3 4.0 1960 5,439 4,904 449 50.4 45.4 4.2 1961 5,568 5,112 469 49.9 45.9 4.2 1964 6,148 5,572 537 50.2 45.5 u.3 1965 6,393 5,667 568 50.6 44.o 4.5 1966 6,682 5,712 599 51.4 44.0 4.6 1967 6,918 5,755 62 52.0 43.2 4.7 Source: Taiwan Provincial Government, Department of Civil Affai rs, Household Registration. Table 5 Employment by, Industries (age 12 and over) Personal Government End of Total Agriculture Industry Commerce Transportation Services Professions Services Other A. Nunber (in 1,000 persons) 1955 3,026 1,812 296 253 80 269 86 179 51 1956 3,015 1v,806 298 252 80 269 87 177 46 1957 3,110 1,V10 323 262 86 292 94 194 49 1958 3,178 1,813 345 275 90 303 99 204 49 1959 3,272 1,853 362 289 95 309 107 212 45 1960 3,344 1,877 377 298 99 309 115 224 45 1961 3,429 1,912 387 307 101 316 122 237 47 1962 3,504 1,936 404 310 106 324 130 250 44 1963 3,617 1,972 424 322 114 334 139 268 44 1964 3,710 2,010 439 329 117 341 146 286 42 1965 3,755 2,017 449 336 121 339 151 298 44 1966 3,870 2,050 477 349 127 349 159 313 46 B. Percentage Distribution 1955 100.0 59.9 9.8 8.4 2.6 8.9 2.8 5.9 1.7 195h 100.0 5909 9.9 8.4 2.6 8.9 2.9 5.9 1.5 1957 100.0 58.2 10.4 8.4 2.8 9.4 3.0 6.2 1.6 1958 100.0 57.1 10.9 8.7 2.8 9.5 3.1 6.4 1.5 1959 100.0 56.6 11.1 8.8 2.9 9.4 3.3 6.5 1.4 19c0 100.0 56.1 11.3 8.9 3.0 9.3 3.4 6.7 1.3 19261 100.0 55.8 11.3 9.0 2.9 9.2 3.5 6.9 1.4 1962 100.0 55.3 11.5 8.9 3.0 9.2 3.7 7.1 1.3 1963 100.0 54.5 11.7 8.9 3.2 9.2 3.8 7.4 1.2 1964 100.0 54.2 11.8 8.9 3.2 9.2 3.9 7.7 1.1 1965 100.0 53.7 12.0 9.0 3.2 9.0 4.0 7.9 1.2 1966 100.0 53.0 12.3 9.0 3.3 9.0 4.1 8.1 1.2 Source: Provincial Department of Civil Affairs, Household Registration Tatle 6 Growth of Gross National Product 1953-1967 (million NT dollars) At Current Prices At Constant Prices of 1964 Index Link Index Link Period GNP (1952 = 100) Index GNP (1952 = 100) Index 1953 22,988 133.28 133.28 44,472 109.27 109.27 195h 25,225 146.25 109.73 h7,776 117.39 107.142 1955 30,088 174.45 119.27 51,745 127.1L 108.30 1956 34,543 200.28 114.80 54,189 133.15 104.72 Average of the First Four-Year Plan 107.42 1957 40,291 233.61 116.64 58,155 T42.89 107.32 1958 4h,752 259.47 111.07 62,327 153.14 107.17 1959 51,727 299091 115.58 66,952 16h.51 107.42 1960 62,561 362.73 120.9L 71,177 174.89 106.31 Average of the Second Four-Year Plan 107.05 1961 69,792 ho4.66 111.55 76,736 188.54 107.81 1962 76,473 h43,39 109.57 .2,272 202.15 107.21 1963 87,336 506.38 114.20 90,314 221.91 109.77 1964 102,492 594.25 117.35 102,492 251.83 113.h48 Average of the Third Four-Year Plan 109.56 1965 113,112 655.83 110.36 115,228 283.12 112.42 1966 125,496 727.63 110.94 126,007 309.61 109.35 1967.a/ 141,572 820.85 112.80 137,184 337.08 108.87 Average 1953-1967 108.45 a/ Preliminary estimates Source: Directorate-General of Budgets, Accounts and Statistics(DGBAS). Table 7 Industrial Origin of Net Domestic Product at Current Prices (million NT dollars) 1952 1956 1960 1961 1962 1963 1964 1965 1966 1967* Agriculture, forestry, hunting and fistninz 5,233 8,759 16,528 17,872 173891 11,8^4 23,510 24,797 26,340 28,091 idining and quarrring 306 620 1,177 1,1914 1,561 1,14`9 1,559 1,904 2,229 2,661 MIanufacturing 1,580 4,033 8,146 9,664 10,516 13,817 17,090 17,268 19,547 23,153 Construction 645 1,354 2,247 2,501 2,539 2,773 3,154 3,691 4,236 4,841 Electricity, gas, vater and sanitary services 9? 212 650 801 1,O85 1,165 1,475 1,699 1,781 2,040 Transportation, storage and communi- cation 560 1,096 2,074 2,711 2,751 2,970 3>470 4,190 5,264 5,899 iWholesale and retail trade 2,742 4,757 7,332 7,965 8,847 10,956 13,391 15,228 16,422 18,834 Banking, insurance and real estate 120 416 824 901 1,075 1,291 1)694 2,181 2,479 2,762 Dwelling ownership 1,038 1,958 31114 3,586 4,176 4,767 5,209 5,515 6,045 6,675 Public administration and national defense 1,577 3,149 6,072 7,050 7,645 8,562 9,787 10,615 12,166 13,938 Other services 764 1,383 2,327 2,762 3,258 4,002 4,501 5,132 5,659 6,113 Statistical discrepancy - - - - - - - - - Net domestic product at factor cost 1E4657 26,086 50,833 57,087 617,$364) T3T B4T3 92,220 102, 110 Met factor income from the rest of the world -4 -7 -5 -75 -122 -146 -157 -329 -329 -395 National income 14,653 2b,079 50,82 57,012 61,222 70,490 84,68 91,T91 T01,T59 T1T612 Deprec,iation 827 1,835 4,03j 14,360 4,739 5s737 6,579 6,962 7,840 8,986 Indirect tax net of subsidies 1,767 4,629 7,696 8,140 10,512 11,109 11,227 14,259 15,797 17,974 Gross national product at market prices 17,2147 34,543 62,561 69,792 76,1473 87,336 102,b92 113,112 125,496 141,572 * Preliminary Source: DGBAS Table 8 Expenditure on Gross National Product at Current Market Prices (million NT dollars) 1952 1956 1960 1961 1962 1963 1964 1965 1966 A. Consumption expenditure 15,712 31,338 55,025 60,760 66,484 72,731 82,749 90,704 98,430 1. Private 12,774 24,312 43,267 47,886 51,706 56,854 65,660 71,452 76,878 2. Government 2,938 7,026 11,758 12,874 1,778 15,877 17,089 19,252 21,552 B. Gross Capital Formation 2,643 5,524 12,587 13,931 14,444 15,226 19,248 25,507 28,879 1. Gross Fixed Capital Formation 1,9h0 4,591 10,361 11,349 11,h78 13,102 14,451 18,528 23,322 (a) Private (980) (2,2h3) (5,b51) (5,761) (5,867) (7,096) (8,635) (12,133) (lb,881) (b) Public enterprises (615) (1,727) (3,L72) (3,993) (3,938 (h,225) (3,601) (3,985) (5,880) (c) General government (345) (621) (1,438) (1,595) (1,673) (1,781) (2,215) (2,41) (2,561) 2. increase in Stock 703 933 2,226 2,582 2,966 2,124 4,1797 6,979 5,557 C. Exports of Goods and Services 1,385 3,097 7,033 8,991 l0,064 15,444 19,202 20,806 26,o65 D. Expenditure on Total Availability (= A+B+C) 19,740 39,959 74,645 83,682 90,992 103,401 121,199 137,017 153,374 E. Less: Imports of Goods and Services 2,438 5,156 11,726 13,868 14,990 15,919 18,812 2h,193 27,035 F. Statistical Discrepancy -51 47 -353 53 593 262 917 -514 G. Expenditure of Gross Domestic Product (= D-E+F) 17,251 34,550 62,566 69,567 76,595 87,482 102,649 113,4h1 125,825 H. Net Factor Income Payments from the Rest of the World -4 -7 -5 -75 -122 -146 -157 -329 -329 I. Expenditure on Gross National Product (= G+H) 17,247 34,543 62,561 69,792 76,473 87,336 102,h92 113,112 125,496 Source: DGBAS Table 9 Gross Fixed Capital Formation by Industrial Use (million NT dollars) 1952 1956 1960 1961 1962 1963 1964 1965 1966 1967 Agriculture, forestry and fisheries 470 1,305 1,897 2,212 2,128 2,290 2,606 3,306 3,475 plining and quarrying 32 43 215 218 259 231 120 391 Manufacturing 378 1,110 2,434 2,557 2,515 2,863 4,299 5,348 6,688 Construction 7 52 36 66 48 42 91 80 110 Electricity, ras and water supply 166 548 1,160 1,368 1,761 1,667 1,044 1,816 2,854 Tranisportation, storage and communication 297 496 1,851 1,952 1,696 1,996 2,237 2,920 4,150 Trade 201 347 385 4C1 537 722 967 1,164 1,363 Ownership of dwellings 178 500 1,414 1,269 1,250 1,887 1,424 1,861 2,314 Public administration 138 346 754 871 803 755 963 1,035 946 Other services-a 73 111 215 435 461 649 700 849 1,081 Total 1,94T0 4,591 10,361 11,349 11,478 13,102 1 7 51 ,528 23,322 30,599 a/ Including banking, insurance and real estate Source: DGBAS Table 10 Indices of Agricultural and indi.strial Production (1956 = lOO) Agriculture, Fisheries and Forestry I n d u s t r . General General Electricity. Year Index Crops Livestock Fisheries Forestry Index a/ IMining Manufacturing Gas and Water 1957 110 110 113 108 113 114 111 115 110 1958 120 115 128 119 140 122 120 123 120 1959 122 117 127 127 154 138 129 141 135 1960 122 116 122 133 155 157 145 160 153 1961 134 126 135 161 169 174 158 177 166 1962 136 126 143 167 170 196 169 202 189 1963 141 131 144 179 166 216 178 222 200 1964 155 142 162 193 201 275 192 290 236 1965 169 161 168 195 210 320 205 333 256 1966 179 167 186 217 189 364 216 376 290 1967 189 172 208 232 200 427 226 445 330 a/ Including building construction Source: Ministry of Economic Affairs Table 11 Agricultural Land Utilization Total Index of Cultivated P a dd y L a n d Total Area N-lultiple Average Acreage Average Acreage Year Area Total Double Crop Single Crop Upland of Crop: a/ Cropping- pr perFrm er (thousand (thousand (thousand (thousand (thousand n (percent) (hectare) (hectare) hectare) hectare) hectare) hectare) hectare) hectare) 1955 873.0 532.7 332.7 200.0 340.3 1,495 171 1.19 o.48 1956 875.8 533.1 331.2 201.9 342.7 1,537 176 1.17 0.48 1957 873.3 533.1 334.5 198.6 340.1 1,563 179 1.15 0.48 1958 883.5 533.7 335.2 198.5 349.8 1,590 180 1.15 0.49 1959 877.7 528.8 332.4 196.4 349.0 1,594 182 1.12 0.47 1960 869.2 525.6 329.1 196.5 343.6 1,595 184 1.11 0.46 1961 871.8 528.1 330.6 197.5 343.6 1,620 186 1.09 o.46 1962 871.9 530.4 331.8 198.6 341.5 1,623 186 1.08 0.45 1963 872.2 528.7 329.3 199.4 343.5 1,592 183 1.06 0.44 1964 882.2 531.8 333.9 197.9 350.4 1,662 188 1.06 o.44 1965 889.6 536.8 337.5 199.3 352.8 1,685 189 1.05 0.44 1966 896.3 537.4 339.2 198.2 358.9 1,690 189 1.05 0.44 1967 896.3 537.0 339.0 198.0 359.3 a/ Total area of all crops produced during the year. 6/ Percentage of total area of crops to total cropped area. Source: Provincial Department of Agriculture and Forestry, Taiwan Agricultural Yearbook (1967 edition); and Joint Commission on Rural Reconstruction. Table 12 Area Planted to Principal Crops (Harvested Area) (thousand hectares) 1952 1956 1960 1964 1965 1966 1967 Paddy 786 784 766 765 773 789 787 Sweet Potatoes 234 230 235 246 234 235 236 Wheat 15 16 25 9 11 14 12 Corn 5 8 14 20 19 22 24 Soybeans 24 38 60 51 53 51 52 Peanuts 81 98 101 101 104 98 98 Rapeseed 2 3 5 20 18 8 7 Fibre Crops.a 24 26 31 26 25 23 22 Tea 38 43 46 35 35 35 35 Bananas 16 10 13 18 27 37 42 Pineapples 6 6 10 11 11 12 12 Citrus Fruit 5 6 8 13 15 16 18 Sugarcaner b/ 99 91 96 95 111 106 90 Mushrooms (million square meters) - - - 5.9 8.6 11.6 12.1 Citronella 26 16 14 23 23 19 15 Vegetable£ / 77 82 92 101 109 113 119 (Asparagus2') (-) (-) (-) (0.3) (10) (11) Cassava 8 11 13 17 18 17 19 Tobacco 6 8 8 10 8 8 10 TTL(excluding TOTAL mushrooms) 1,452 1,476 1,537 1,561 1,594 1,603 1,598 a/ Jute, sisal, cotton, flax, ramie. / Crop years. &/ Planted area. Source: Department of Agriculture and Forestry, Taiwan Provincial Government Table 13 Production of Principal Agricultural Crops (thousand metric tons) 1952 1956 1960 1964 1965 1966 1967 a/ Rice (brown) 1,570 1,790 1,912 2,247 2,348 2,380 2,141 Sweet Potatoes 2,090 2,568 2,979 3,348 3,131 3,460 3,719 lWheat 17 27 46 20 23 29 24 Corn 7 11 21 42 41 52 64 Soybeans 15 26 53 58 66 63 75 Peanuts 60 82 102 116 126 115 137 Rapeseed 1 1 4 27 23 8 5 Jute 22 17 21 16 17 14 15 Tea 12 13 17 18 21 22 23 Bananas 107 59 114 268 452 528 670 Pineapples 63 83 167 227 231 270 296 Citrus Fruit 28 35 53 102 114 137 156 Sugarcane b 4,801 6,343 6,736 6,747 9,490 8,924 6,843 Mushrooms -- -- -- 23 32 38 50 Citronella 148 99 73 124 132 107 80 Vegetables 619 671 803 974 968 963 1,057 (Asparagus) (--) (--) (--) (1) (17) (44) (38) Cassava 97 121 159 242 265 264 299 Tobacco 9 15 16 19 16 15 18 a/ Preliminary. E/ Crop years - production of cane* Source: Ministry of Economic Affairs, and Provincial Department of Agriculture and Forestry, Taiwan Provincial Government Table 11 Value of Production of Pri'aci Agicultural Crops ~~~ ~(million IA doll6~1ars) 1952 1956 1960 1964 1965 1966 1967/ Rice (brown) 2,933 4,786 9,275 11,182 11,764 12,375 13,253 Sweet potatoes 515 959 1,832 2,487 2,280 2,601 3,053 Wheat 27 66 161 82 100 110 94 Corn 9 20 60 151 157 185 225 Soybeans 37 114 327 369 44o 397 497 Peanuts 135 347 660 859 801 801 1,024 Rapeseed 1 4 24 173 135 50 31 Jute 84 79 148 121 116 94 U7 Tea 106 121 248 301 331 383 449 Bananas 71 58 197 947 1,617 1,677 1,908 Pineapples 35 72 199 280 291 330 378 Citrus fruit 43 83 180 375 492 549 549 Sugarcane 488 834 1,135 3,260 2,056 1,891 1,500 Citronella 23 110 99 168 189 110 68 Vegetables 239 431 931 1,190 1,555 1,773 1,913 Cassava 25 49 124 180 203 215 304 Tobacco 78 188 275 393 371 332 435 a/ Preliminary. Source: Department of Agriculture and Forestry, Provincial Government of Taiwan, Taiwan Agricultural Yearbook tudices of Agricultural Inputs Quantity of Agricultural Area Of a/ Total Chemical ProducxA;on Cultivated Mfultiple- Gropping Agricultural Fertilizer ,lTater Index Land Index Population Applied aprayers EPus Tillers 19i2 72.3 100.8 93.7 79.2 68.0 1953 81.9 100.4 94.0 81.5 7415 1954 81.0 100.6 94.7 83.5 84.3 la55 80.5 100.)I 93.3 85.7 83.4 1956 86.o 100.7 95.6 87.5 93,8 1957 94.5 110.5 97.5 89.1 98.3 1958 99.0 lol.6 98.0 90.9 101.2 1259 100.8 101.0 9B.9 9,.6 100.7 1960 100.0 100.0 200.0 100.0 100.0 100.0 100.0 100.0 1961 108.2 100.3 101.3 101.7 94.4 111.1 120.7 137.4 1962 108.5 100.3 101.1h 102.9 103.3 120.9 139.4 190.0 1963 112.2 100.4 99.5 1014.4 110.3 133.9 235.5 220.7 1964 122.1 101.5 102.7 105.2 130.0 142.1 342.0 241.3 1965 138.2 102.3 103.2 106.5 117.9 155.1 383.2 26965 1966 144.2 103.1 102.8 108.1 123.4 160.2 421.4 288.0 1S67 148.2 103.1 108.6 a/ Thtal crop area divided by total cultivated land and. multiplied by 100. Source: Department of Agriculbre and Forestry, Tait.an Provincial Government, Tai an cultural Yearbook (5,196596621967 editions) and C.I.E.C.D., Taiiwan Statistical late Book 1967 Table 16 Timber Production (000 m3) Raw Timber Production i Timber Sawn Year Total Conifers Hardwoods at Source Firewood 1955 h81 296 185 37 135 1956 493 247 246 30 161 1957 577 287 291 27 156 1958 719 296 423 17 152 1959 818 450 369 1k 174 1960 822 483 339 8 174 1961 898 583 315 7 179 1962 905 608 297 7 180 1963 879 618 261 3 194 1964 1,070 781 288 2 172 1965 1,117 779 338 2 199 1966 1,007 736 272 4 171 1967 1,042 180 a./ Excluding firewood but including timber sawn at source. Source: Taiwan Forestry Bureau, Department of Agriculture and Forestry, Taiwan Provincial Government. Table 17 Fisheries: Number of Vessels and Production F i s h i n g V e s s e 1 s Fish Production (000 metric tons) Number of Vessels Tonnage (000 tons) / Year Total Powered Sampans Rafts Total Powered Sampans Total Deep-Seasl Inshore.W Coastal./ Ponds 1955 24,369 2,758 8,083 13,528 54.0 41.4 12.6 180.6 36.4 51.3 47.2 45.7 1956 25,771 3,215 8,283 14,273 60.9 45.6 15.3 193.4 44.0 63.7 43.3 42.5 1957 25,207 3,1438 7,672 14,097 65.4 51.1 14.3 208.1 52.2 71.6 38.5 45.9 1958 2b,528 4,650 7,035 114,83 76.9 63.3 13.6 229.7 61.2 81.7 38.3 48.5 1959 26,446 4,946 6,266 15,234 80.7 71.6 9.1 246.3 76.4 91.2 32.2 46.5 1960 28,045 5,541 5,917 16,587 87.4 78.3 9.1 259.1 85.2 94.9 30.0 49.0 1961 27,474 5,816 5,652 16,006 93.2 83.6 9.6 312.4 106.1 117.4 31.5 57.4 1962 26,393 6,051 5,536 14,806 94.2 86.6 7.6 327.0 113.6 132.5 32.3 48.6 1963 26,537 6,475 5,416 14,646 100.1 91.5 8.6 350.7 119.9 144.0 36.9 50.0 1964 24,938 7,648 5,332 11,958 110.4 102.0 8.4 376.4 126.8 161.2 32.2 56.3 1965 24,608 8,167 4,871 11,570 124.9 117.9 7.0 381.7 135.9 160.9 30.7 54.2 1966 24,870 8,842 4,923 11,105 148.5 142.0 6.5 425.3 169.3 172.3 25.2 58.5 1967 458.2 189.1 186.5 26.4 56.2 *,/ Fishing with powered vessels of more than 50 tons. 5/ Fishing using powiered vessels of less than 50 tons. Source: Taiwan Fisheries Bureau, Department of c,/ Fishing with unpowered vessels or without vessels. Agriculture and Forestry, Taiwan Provincial Government Output of Principal Mining and Industrial Products Unit 1961 1964 1965 1966 1967 Mining Coal 1,000 mt 4,322 5,028 5,054 5,015 5,078 Electrolytic Copper mt 2,251 1,887 2,189 2,411 3,001 Sulphur mt 5,824 9,317 6,881 6,970 6,490 Pyrite 1,000 mt 48.8 46.3 39.3 42.0 38.7 Gold Hectogram 5,480 5,493 9,999 13a003 10,082 Natural Gas Million m3 37 170 310 439 527 Electricity Million Kwh 4,084 5,914 6,455 7,340 8,412 Manufacturing od Sugar, centrifugal 1,000 mt 852 904 968 927 802 Canned food 1,000 standard cases 3,938 6,814 8,273 9,307 9,675 (Pineapples) 1,000 standard cases 2,897 4,4014 4,306 5,016 4,134 (Mushrooms) 1,000 standard cases 246 1,097 1,828 1,488 2,367 Yeast mt 8,312 3,792 4,577 5,503 6,933 Monosodium Glutamate mt 3,374 11,223 11,747 7,964 10,667 Tea 1,000 mt 15.0 20.0 25.6 24.3 25.2 Soybean Oil 1,000 mt 18.1 15.6 18.0 14.8 23.6 !Uheat Flour 1,000 mt 189 247 261 270 295 Alcoholic Beverages 1,000 hl 1,029 1,116 1,226 1,251 1,361 Textiles Cotton Yarn 1,000 mt 48.9 50.5 60.0 59.1 70.1 Cotton Fabrics Million m 200 241 230 246 341 Synthetic Yarn mt 6 0 11.6 11.3 16.O 17.0 Gunny Bags Million pieces 14.6 12.14 13.5 1I4.1 14.5 170ol Yarn mt 1,188 2,939 2,950 3,082 3,3142 Svnthetic Fabrics Million m 13.1 28.9 38.1 41.4 45.8 Shirts 1,000 dozens 1,039 3,942 2,552 2,934 4,742 Underwear 1,000 dozens 1,357 2,461 2,842 3,008 3,875 Unit 1961 196k 1965 1966 1967 Non-Metallic Mineral Products Cement 1,000 mt 1,510 2,355 2,444 3,112 3,487 Sheet Glass 1,000 boxes 446 582 704 832 1,620 Glass Products 1,000 mt 48.9 57.4 101.0 104.9 118.4 Lime 1,000 mt 75.9 91.3 103.0 107.0 92.9 Petroleum and Petrochemicals Crude Oil Refining 1,OOO kl 1,375 1,675 2,100 2,585 Gasoline 1,000 kl 313 345 357 436 459 Kerosene 1,000 kl 35.5 39.2 30.1 33.8 25.7 Diesel Oil 1,000 kl 231 273 344 374 483 Fuel Oil 1,000 kl 464 626 931 1,179 1,128 Asphalt 1,000 mt 61 40 54 80 100 Coke 1,000 mt 187 246 256 257 252 General Chemicals Refined Salt 1,000 mt 51.6 91.7 92.1 93.0 112.6 Caustic Soda 1,000 mt 36.5 57.4 74.9 90.6 Soda Ash 1,000 mt 14.4 14.8 16.9 28.2 35.5 Sulphuric Acid 1,000 mt 101.3 202.0 289.1 282.0 304.0 Hydrochloric Acid 1,000 mt 40.0 79.4 67.9 74.5 95.2 Fertilizers: Calcium Cyanamide 1,000 mt 64.4 51.5 26.7 11.6 5.8 Calcium Superphosphate 1,000 mt 130 185 196 212 204 Urea 1,000 mt 44.5 137.3 185.0 189.3 194.8 Anmmonium Sulphate 1,000 mt 29.3 223.0 279.9 277.4 318.4 Plastic Powe'r 1,000 mt 7.3 23.2 25.3 44.2 61.8 Plastic Prodtcts 1,000 mt 11.7 40.1 43.9 61.9 93.2 Soap 1,000 mt 32.0 40.6 39.7 37.2 41.4 Pharmaceuticals NT i million 276 512 11ood Products and Paper Pl-wood Million m2 18.6 66.9 78.8 98.2 105.1 Bagasse Board 1,000 pieces 3,303 3,318 3,275 3,727 3,313 Pulp 1,000 mt 22.2 36.2 38.0 37.5 44.2 Paper 1,000 mt 99 126 139 145 141 Paper Board 1,000 mt 25.7 43.8 56.3 61.9 87.2 Unit 1961 1964 1965 1966 1967 Leather and Rubber Products Leather Shoes 1,000 pairs 1,374 1,544 1,818 1,468 1,935 Rubber Boots 1,000 pairs 599 986 1,273 1,852 2,335 Rubber Canvas Shoes 1,000 pairs 3,146 4,356 3,727 4,913 11,679 Automobile Tires 1,000 pieces 55 135 132 167 230 Bicycle Tires 1,000 pieces 1,188 1,194 987 968 807 Metal Industries Pig Iron 1,000 mt 52.8 61.8 72.0 70.8 84.8 Rods, Bars and Slabs 1,000 mt 185 236 260 326 443 Iron Hlires 1,000 mt 30.6 61.5 43.5 51.3 46.1 Aluminum Ingot 1,000 mt 9.0 19.4 18.9 17.2 15.4 Aluminum Sheet 1,000 mt 4.7 8.1 9.2 9.4 10.4 Aluminum Foil mt 733 757 1,197 1,055 1,352 Cast Iron Pipe 1,000 mt 14.0 36.4 38.8 48.3 89.4 General Mlachinery and Parts 1,000 mt 54.5 91.8 82.5 108.9 133.1 M4otors 1,000 Units 16.8 60.2 50.5 86.0 110.1 Prime Movers Sets 3,358 14,385 24,824 16,584 12,984 TiTater Pumps 1,000 Sets 31.5 23.9 43.3 45.3 46.1 Sewing Machines 1,000 Sets 37.1 91.3 79.5 153.9 212.1 Tillers Units 1,394 1,277 2,534 2,644 3,336 Transformers Sets 3,344 8,909 11,358 9,998 18,013 Insulated Wire mt 1,448 1,362 2,489 3,240 4,514 Electric Fans 1,000 Sets 188 158 187 248 315 Electric Cookers 1,000 Pieces 24.1 107.5 118.8 128.5 171.5 Household Refrigerators Sets 123 21,959 38,123 43,056 66,385 Flourescent Lamps 1,000 Pieces 1,169 2,898 4,111 6,004 5,353 Ship Building 1,000 gt 8.8 6.6 12.1 20.8 62.1 MIotor Vehicles Sets 1,008 1,797 3,261 4,520 4,808 Bicycles 1,000 Sets 27.3 22.7 23.7 13.8 13.2 liatt-Hour Meters 1,000 Pieces 276.9 213.5 149.0 177.8 180.3 Transistor Radios 1,000 Pieces 1 434 1,l09 1,532 2,943 Source: C.I.E.C.D., Industrv of Free China Table 19 Demand and Supply of Energy Materials Coal Equivalent Actual Units 000 mt Item Unit 1960 1964 1966 1966 1960 1964 1966 1968 (esTimate) (estimate) Domestic Consumption 5,907 7,837 9,998 12,784 Imports 1,736 2,157 3,866 5,905 Production 4,874 6,269 6,803 7,743 Exports 703 589 671 863 Domestic Consumption Coal a/ 000 mt 3,710 4,932 5,024 5,320 3,710 4,932 5,024 5,320 Crude oil- 000 kl 930 1,212 2,331 3,525 1,288 1,678 3,234 4,989 Water power GVh 2,075 2,368 2,668 2,680 865 985 1,110 1,120 Natural gas 10 cu.m 25 170 445 975 35 235 616 1,350 Alcohol 000 kl 11 9 18 5 9 7 14 5 Total 5,907 7,537 9,995 12,784 Imports Crude oil 000 kl 1,254 1,558 2,568 3,242 1,736 2,157 3,555 4,492 Fuel oil 000 kl - - 195 840 - 300 1,292 Coal 000 mt - - 10 120 - - 10 120 Total 3 5,905 Production Coal 000 mt 3,962 5,028 5,014 5,200 3,962 5,028 5,014 5,200 Crude oil 000 kl 2 10 36 49 3 14 49 68 Water power GWh 2,075 2,368 2,668 2,680 865 985 1,110 1,120 Natural gas 10 cu.m 25 170 445 975 35 235 616 1,350 Alcohol 000 kl 11 9 18 5 9 7 14 5 Total 4074W 6,269 6,503 7,743 Exports Coal and coke 000 mt 252 96 - _ 252 96 - - Petroleum products 000 kl 326 356 468 606 459 493 671 863 Total 767 X 1 7 a/ Crude oil equivalent of products. Source: iAinistry of Economic Affairs. Table 20 Transportation Data 1952 1956 1960 1964 1965 1966 1967a/ Railways Track length ('000 km.) 6.1 5.7 5.6 5.4 5.5 5.5 5.5 Locomotives (number) 719 709 731 678 715 754 768 Freight cars ('000 m.t.) 172 170 191 208 208 220 231 Freight cars (no. in '000) 25.9 27.6 26.9 28.3 28.5 30.4 - Passenger cars 1,032 1,018 1,082 1,091 1,080 1,1142 1,188 Passenger-kilometers (million) 1,928 2,861 3s609 4,027 4,470 4,642 5,112 Ton-kilometers (million) 1,254 1,797 2,072 2,364 22415 2,435 2,542 Highways Length (tOOO km.) 15.6 15.7 16.2 16.3 16.4 16.6 16.8 ilo. of motor vehicles . ('000) 10.7 16.8 48.7 81.1 105.6 138.7 211.8 Passenger-kilometersc/ (million) 1,010 2,298 3,172 4,322 4,833 5,261 5,603 Ton-kilometersl/ (million) 64 155 317 521 608 716 784 Shipping Total gross tonnage of vessels e/ (tooo) 539.3 427.2 539.4 837.5 1,006.8 9914.4 1,036.9 Freighters ('000 G.T.) 468.7 340.O 142.4 722.8 875.7 844.4 856.1 Mixed service ships (tOOO G.T.) 48.7 50.8 37.4 36.7 39.1 39.1 39.1 Ocean freight in ton-nautical miles (million) 7,055 8,360 11,760 20,994 27,305 25,382 22,335 a/ Preliminary b/ Includes motorcycles c/ Buses d/ Trucks e/ Excluding fishing boats under 20 G.T. Source: CIECD, Taiwan Statistical Data Book, 1967; Taiwan Highway Bureau, Monthly Statistics of Taiwan Highways; Industry of Free China. Table 21 Value of Principal Exports 1956 1960 1964 1965 1966 1967. A. Amounts (in million US) Industrial Products 17.4 54.9 201.9 224.4 308.0 365. Textile, Fibers & Products 3.1 21.2 61.1 65.3 82.0 113.7 Metals & Machinery 4.4 6.2 27.6 38.5 61.3 68.7 Plywood, Lumber & Lumber Products 0.8 5.5 h4.8 4h.2 58.2 63.6 Chemicals 1.1 6.8 23.0 28.8 39.8 52.5 Cement & Building Material - 2.3 17.7 12.8 22.5 27.5 Others 8.0 12.9 30.7 34.8 44.2 39.8 Processed Agricultural Products 93.4 95.1 187.4 142.5 143.6 165.6 Sugar 76.1 7h.4 135.4 68.0 61.7 43.7 Canned Mushrooms - .2 15.8 20.8 25.3 32.7 Canned Pineapples 6.1 8.5 13.9 19.4 19.3 19.3 Canned Asparagus - - o.4 11.0 1h.2 24.0 Tea 5.1 6.3 8.4 9.7 11.1 12.4L Citronella Oil 5.1 3.4 4.9 5.3 3.1 .9 Others 1.0 2.3 8.6 8.3 8.9 32.6 Agricultural Products 19.3 19.9 73.8 12h.1 117.8 118.5 Bananas 3.1 6.9 33.3 55.3 52.6 62.0 Rice 12.8 4.3 18.0 43.0 33.0 19.8 Vegetables 0.3 1.0 6.5 5.8 7.7 11.2 Others 3.1 7.7 16.0 17.0 2h.5 25.5 Total 130.1 169.9 463.1 488.o 569.4 6L9.9 Grand Tota)ˇ/ 130.6 174.2 469.5 495.8 584.2 675.1 - 2 - 1956 1960 1964 1965 1966 1967 B. Irn Percentages Industrial Products 13.4 32.3 43.6 45.7 54.1 56.3 Textiles, Fibers & Products 2.4 12.5 13.2 13.3 14.4 17.5 Metals & Machinery 3.4 3.6 6.o 7.8 10.8 10.6 Plywood, Lumber & Lumber Products C.6 3.2 9.0 9.0 10.2 9.8 Chemicals 0.8 4.0 5.0 5.9 7.0 8.1 Cement & Building Materials - 1.4 3.8 2.6 4.0 4.2 Others 6.2 7.6 6.6 7.1 7.8 6.1 Processed Agricultural Prcducts 71.8 46.o 40.5 29.0 25.2 25.5 Sugar 58.5 43.8 29.2 13.8 10.8 6.7 Canned Mushrcoms - Ol 3.4 4.2 414 5_3 Canned Pineapples 4.7 5,0 3,0 4.0 3.4 3.1 Canned Asparagus - - 0,1 2.2 2.5 3.7 Tea 3.9 3e7 1.8 2.0 2.0 149 Citronella Oil 3.9 2.0 1.1 1.1 0.5 .1 Others 0.8 1.4 1.9 1.7 1.6 5.'J Agricultural Products 14.8 11.7 15.9 25.3 20.7 18.2 Bananas 2.4 4.1 7.2 11.2 9.2 9.5 Rice 9.8 2.5 3.9 8.8 5.8 3.1 Vegetables .2 o.6 1.4 1.2 1.4 1.7 Others 2.4 4.5 3.4 h.1 4.3 3.9 Total 100.0 100.0 100.0 100.0 100.0 100l 0 a/ Including exports without foreign exchange settlement. Source? Foreign Exchange and Trade Commission, Executive Yuan, Foreign Trade Quarterly, and Foreign Trade Development in the Republic of China in Recent Years (1967 Edition) Table 22 Exports by Regions and by Countries of Origi-r 1956 1960 1964 1965 1966 1967 A. Amounts (in million US$) Asia 107.7 131.9 302.0 296.3 345.5 358.9 North America 6.4 21.4 93.6 108.1 126.8 168.5 Europe 7.3 10.8 38.8 51.9 58.8 75.7 Africa 7.9 4.0 15.6 15.5 19.8 21.3 Oceania 0.2 0.4 4.6 6.3 6.7 8.6 Central & South America 0.6 0.1 3.5 2.2 3.1 5.0 Others - 1.3 5.0 7.7 8.7 11.o Total 130.1 169.9 463.1 488.0 569.4 649.9 USA 6.3 21.2 84.0 97.7 111.9 147.5 Japan 146.1 63.5 140.1 151.6 141.7 126.5 Vietnam 2.7 3.2 38.2 44.5 89.7 74.1 Hong Kong 9.4 19.6 33.1 28.2 33.7 48.0 Fed. Republic of Germany 2.4 4.0 18.1 31.6 31.4 40.3 Thailand 2.2 3.7 15.7 16.9 17.7 25.7 Malaysia & Singapore 12.6 12.7 20.6 17.2 14.5 23.4 Canada 0.1 1.5 9.6 10.4 14.9 21.0 Korea, Republic of 6.8 7.1 6.4 6.4 12.5 20.1 Netherlands 0.4 1.2 7.3 7.5 9.2 12.4v Morocco o.8 1.3 3.0 9.9 11.3 10.3 Philippines 0.2 1.8 8.5 7.4 8.8 9.8 Ryukyus 0.5 2.8 4.3 4.3 6.2 7.9 Iran 13.2 9.9 21.2 10.1 6.6 6.2 Others 26.4 16.4 53.0 44.3 59.3 76.4 B. In Percentages Asia 82.8 77.6 65.2 60.7 60.6 55.2 North America 4.9 12.6 20.2 22.2 22.3 25.9 Europe 5.6 6.4 8.4 10.6 10.3 U1.7 Africa 6.1 2.4 3.4 3.2 3.5 3.3 Oceania .2 .2 1.0 1.3 1.2 1.3 Central & South America .04 - 1.0 0.5 0.5 0.8 Others - .8 .8 1.5 1.6 1.8 Total 100.0 100.0 100.0 100.0 100.0 100.0 USA 4.8 12.5 18.1 20.0 19.7 22.7 Japan 35.5 37.3 30.2 31.1 24.9 19.5 Vietnam 2.1 1.9 8.3 9.1 15.8 11.5 Hong Kong 7.2 11.5 7.2 5.8 5.9 7.4 Fed. Republic of Germany 1.8 2.3 3.9 6.5 5.5 6.2 Thailand 1.7 2.2 3.4 3.5 3.1 4.0 Malaysia & Singapore 9.7 7.5 4.4 3.5 2.5 3.6 Canada - 0.9 2.1 2.1 2.6 3.2 Korea, Republic of 5.3 4.2 1.4 1.3 2.2 3.1 Netherlands 0.3 0.7 1.6 1.5 1.6 1.9 Morocco o.6 0.8 o.6 2.0 2.0 1.6 Philippines 0.2 1.1 1.8 1.5 1.6 1.5 Ryukyus 0.4 1.7 0.9 0.9 1.1 1.2 Iran 10.2 5.8 4.6 2.1 1.2 1.0 Others 20.2 9.6 11.5 9.1 10.3 11.6 a/ Exchange settlement figures only. Source: Foreign Exchange and Trade Commission, Executive Yuan, Foreign Trade Quarterly, and CIECD, Industry of Free China. Table 23a a! Fxports of Major Commodities to Principal Countries of Destination in 1965 Exports to the 7 Fed. Rep. of Rep. of Total Exports to 7 Countries as a Jaian U.S.A. Viet-Nam Hong Kong Gerlany Thailand Korea Exports Countries % of Total Eworts Indutrial ProNcts: Textiles, T¶.besu aMl manufactures .15 20.13 8.9)3 10.08 .55 6.12 .21 65.27 46.17 70.8 Ore., _tlc and machinery .11 2.83 18.79 2.25 .25 5.01 1.31 38.52 30.55 79.3 Timer prodcts 9.36 24.19 .214 2.89 .91 .)1 .35 4h.17 37.05 81i.0 Chmicals, pharmaceuticals, cosmtics 1.20 5.0d 6.52 2.52 .114 1.51 .88 28.79 17.85 62.o smant and biilcd.ng materials .01 1.52 5.16 2.28 .3 ' .514 - 12.78 9.57 74.9 Salt 2.19 .:1 - .OL- - .13 2.72 2.37 87.1 Paper uad paper pulp .01 .01 2.05 .4 - .83 .87 5.35 4.21 78.8 Rice par and handicrafts .84 1.55 .31 .1) .12 .02 - 3.33 2.64 79.3 Pwocessed Agricultural Products: Sugar 25.50 Y.00 (.i46 .52 - L3 2.24 67.96 38.85 57.4 Canmed muzroos .05 6.27 - .22 1. . .5 - 20.80 17.78 85.5 Carwid pinemaples 2.36 8.o6 .1i ,.S _ 19.38 16.08 83.0 Chinasm presered fruits 1.614 3.52 .13 .-ˇ . J 7.141 6.05 81.7 Tea .56 1.91 _ ' .37 - 9.72 3.68 37.9 Citronella oil 1.12 2.51 , .- - 5.32 4.21 79.0 Sea profaeta .75 1.14 _ . -- 2.00 1.91 95.5 V.Rai turce Pr : 4296 - - - - - 142.96 42.96 100.0 man"s 514.93 - , , 55.27 54.96 99.4 Vegetable_/ 3.25 .145 .*8 .9 '.36 .30 - 16.79 14.36 85.5 B~oo abDota 2.25 .77 - .15 . )3 - - 3.50 3.20 91.5 Fro"b frita .82 .03 .DI 1.11 - - - 3.27 1.97 60.3 Hard fibra .67 .24 .31 .1; .06 .142 .25 2.53 1.78 70.3 Fetbar .25 1.21 - .01 .56 .91 - 2.19 2.014 91.6 Otb ricultral prodcts .20 1.16 .91 L.5j .;5 .1 - 5.34 3.02 57.2 Kiscallel1mius .75 6.0)q 1.13 L.?l 2.23 1.140 .23 22.59 13.72 60.7 Total 151.63 97.68 141.53 2o.21 31.6; 16.o6 6.4h 467.96 376.98 77.3 a/ Exchange settlement figures only. b/ Incluin camed asparagus. Source: Foreign Exchange and Trade Commaission, Executive Yuan, Foreign Trac.e Quarterly Table 23b Exports cf .alor Cocuardities to Principal Countries of Destination 1966' (in million US $) Exports to the 7 Fed. Eep. Total Exports to Countries as a Japan U.3.A. Vie .- am .H.nr onr of Gernary Thailand Korea Exports 7 Countries % of Total Exports Industrial Products: Textiles, fibers and manufactures .6L 20.L1 11.-73 13.19 .13 5.22 c05 81.97 51.87 63.3 Ores, metals and machinery 1.35 5.21 3'.3L 2.39 .?C 5.51 .9L 61.28 52.07 85.0 Timber products 16.20 26.73 1.17 3.79 .01 .35 .01 58.19 48.26 82.9 Chemicals, pharmaceuticals, cosmetics L.70 5.L6 9.51 3.9e .21 1.L9 1.i,9 39.85 26.8L 67.4 Cement and building material .05 l.-9 1' .7ch 1.71 - .65 1.16 22.51, 21.1 95-0 Salt 1.33 - .L- - 1.53 1.37 89.5 Paper and paper pulp .03 .:72 9. 1 .- 1.19 1.19 12.32 7.53 75.5 Rice paper and handicrafts .92 2.25 .c .1. .23 - L.19 3.57 82.5 Processed Agricultural Products: Sugar 19.71 9w . - - 3.20 (1.71 38.92 63.3 Canned mushrooms .1' 7.A& .3' .13 - 25.25 21.20 84.o Canned pineapples 2.35 1.5 . 3. 2- 1).31 15.21 78.8 Chinese preserved fruit 1.9 -. .2 .1: .o6 - '.36 5.07 79.7 Tea 1.73 1.76 . .22 .L6 - 11.12 5.56 541.0 Citronella oil 1.12 1.57 .C - .27 - - 3.06 2.79 91.2 Sea products 1.67 2.- .01 - .73 - 7.L3 5.56 61.L Agricultural Products: Rice 25.73 5.27 32.57 31.02 94.1 Bananas b/ 51.97 .06 - - .11 52.65 52.15 99.1 Vegetables- 2.98 .L3 . 1.l c.73 .L7 .01 21.B7 1l.83 67.8 Bamboo shoots 1.75! .63 - .22 .2 - - 3.16 2.85 90.2 Fresh fruits 2.70 .X2 1.11 - - - 5.17 3.90 75.4 Hard fibers 1.39 .26 .: . 9 - .L2 .o? 2.61 2.26 86.6 Feathers .2L 1.2e - . .13 - 2.59 2.23 89.6 Other agricultural products .29 1.07 .32 .9 .;. .0o - 3.59 2.73 76.0 Miscellaneous: .82 11.15 2.26 3.1C 2.65 1.52 .25 31.02 21.68 69.9 Total iL1.72 11.94 L9.71 33.71 31.5 17.73 12.53 59.,3 f7l37 77.1 a/ Exchange settlement figures only. b/ Including canned asparagus. Source: Foreign Exchange and Trade Comission, Executive Yuan, Foreign Trade Quarterly. Table 23c Exports of Major Commoodi Lies to PrinciDal Countries of Destination in 1967-/ (in million US $1) Exports to the 7 Fed. Rep. of Rep. of Total Exports to 7 Countries as a U.S.A. Japn Viet-Nan Roag :on. Germany Thailand :;orea Exports Countries % of Total Exports Industrial Products: Textiles, fibers and manufactures 29.06 2.54 5.25 21.61 1.34 6.37 1.63 113.68 67.71 59.6 Ores, metals and machinery 14.42 1.72 24.,5 3.48 .42 8.91 .57 68.72 53.87 78.4 Timber products 28.69 16.23 .20 3.14 .02 .33 .43 63.59 49.04 77.1 Chemicals, pharmaceuticals, cosmetics 7.67 3.?5 *7.02 7.59 .3D 2.67 .06 52.55 31.86 60.6 Cement and building materials 3.1414 .15 16.52 .9-; .0, 2.28 .147 27.50 23.83 86.7 Salt - - - .*0 - - - .18 .0o4 22.2 Paper and paper pulp .03 .05 It.0 1.35 - 1.30 .41 9.02 7.18 79.6 Rice paper and handicrafts 3.45 1.57 . .21 .12 .014 - 6.54 5.42 82.9 Processed Agricultural Products: Sugar 9.58 6.6a -.Lb . 7 - .D2 6.22 43.69 30.97 70.9 Canned mushrooms 9.94 .JJ .h .!, 15.27 .J8 - 32.65 25.92 79.4 Canned pineapples 9.31 2.5' .l I1.2 - - 1).3D 16.15 83.7 Chinese preserved fruits 3-58 2.11 .5t .5B .'o .07 .il 9.70 7.08 73.0 Tea 1.45 .31 - .8: .L .87 - 12.30 3.62 29.4 Citronella oil - .* - - . ,1 - _ .92 .70 75.1 Sea products 2.140 2.81 %.2 .17 .02 - 8.66 5.42 62.6 Agricultural proaucts: Rice .9. i2 . . - - 7.35 1.78 19.78 100.0 Bananas - 61.37:. - .l6 62.02 61.68 99.4 Vegetables/ 1.33 5.61 .: 1.14 l'.87 .1I6 - 35.22 24.99 71.0 Bamboo shoots .99 2.71, .2u .10 - - 4.43 4-05 91.4 Fresh fruits .01 2.77 - .76 .)1 - - 5.39 4.55 84.4 Hard fibers .28 .99 .01 . . .01 .1B .02 2.24 1.78 79.5 Feathers 1.614 .37 - .'£ .£i2 - - 3.26 2.91 89.3 Other agricultural products 1.07 .39 .2s .78 .14 - - 3.37 2.50 74.2 Miscellaneous 19.18 1.49 3. .7 .2 1.'£ 2.20 .20 45.18 31.44 69.6 Total 147.52 126.B9 Lb.2 88. u8.3. 25.66 20.L3 649.89 482.53 74.2 a/ Exchange settlement figures only. b/ Including canned asparagus. Source: Foreign Exchange and Trade Commission, Executive Yuanl, Republ-c a. hina, Foreign Trace Quarterly. Table 24 Value of Principal ImpDrts 1956 1960 196h 1965 1966 1967 A. Amounts (L4a .; liGn U2i) Machinery & Equipment 52.3 6h44 9h.3 151.8 16h.9 303.1 Machinery & Tools 35.1 35.7 53.1 84.4 85.0 181.9 Vehicles, Vessels & Parts 11.0 20,9 27.3 h4o7 41.7 60.' Electrical Materials 6.2 7.8 13.9 26.7 38.2 53.2 Agricultural & Industrial Raw Material 129.5 122.8 220.2 291.4 313.1 3),u. Ores & Metals 28.7 36.3 62.9 90o6 9L.h 124.1 Raw Cotton 19.8 20.2 33.2 39.4 35.8 lh9.u Crude & Fuel Oil 18.2 lle1 19.1 2h.9 34.0 3).1 Man-made Fiber & Products h.6 4.7 16.h 19.9 25.h 3539 Chemicals 6.8 7.7 15.9 22,3 25.3 Logs and Lumber 3.3 2.7 12.5 18.5 21.5 25.h Chemical Fertilizers 21,2 15.6 9e5 16.2 14.6 7.4 Others 26,9 2h.5 51.1 59.6 62.1 77. 4 Consumer Goods 460h 65.0 95.9 112.2 123.1 1147.5 Wheat & Flour 14.1 17.0 22.5 36,0 32.9 31.2 Beans & Peas 9.5 17.0 19.8 18.6 26.3 37.5 Pharmaceuticals 6.7 7.2 8.5 15.8 16.4 17.t' Others 16.1 23.8 L5.1 11.8 47.5 6 Tstal 228.2 252.2 410.4 555.4 601.1 L147.5 - 2 - 1956 1960 1964 1965 1966 1967 B. Percentages Machinery & Equipment 22.9 25.5 23.0 27.3 27.4 3S.8 Machinery & Tools 15.4 114.1 12.9 15.2 14.i 1 .5 Vehicles, Vessels & Parts 4.8 8.3 6.7 7.3 6.9 6 O Electrical Materials 2.7 3.1 3,14 4.8 6.4 6.3 Agricultural & Industrial Raw Material 56.8 48.7 53.6 52.5 52.1 146.8 Ore & Metals 12.6 114.4 15.3 16.3 15.7 114. Raw Cotton 8.7 8.O 8.1 7.1 6.o 2 Crude & Fuel Oil 8e0 14.4 14.6 4.5 5°7 L.6 Man-made Fiber & Products 2.0 1.9 4.0 3.6 4.2 14.2 Chemicals 3.0 3.0 3.9 4.0 14.2 h4.5 Logs & Lumber 1.4 1.1 3.0 3.3 3,6 3'0 Chemical Fertilizers 9.3 6s,2 2.3 2.9 2.4 .9 Others 11.8 9.7 12.4 1008 10.3 9.1 Consumer Goods 20.3 25.8 23.4 20.2 20.5 17.14 Wheat & Flour 6.2 6.7 5.5 6.5 5.5 ,.7 Beans & Peas 4.2 6.7 14.8 3.3 4.14 4.14 Pharmaceuticals 2.9 2.9 2.1 2.9 2.7 Others 7.0 9.5 11.0 7e5 7e9_7' 7.5 7.9~~~~~~~~~. Total 100.0 100.0 100.0 100.0 100.0 100.0 a/ -i n --¢tinates on the basis of the prelirTinary r fi,ures. Source: Foreign Exchange & Trade Commission, Executive Yuan, Foreign Trade Quarterly, and Foreign Trade Development in the Republic of China in Recent Years (1967 Edition). Table 25 Imports by Regions and by Countries of Origin 1956 1960 1964 1965 1966 1967 A. Amounts (in million US$) Asia 119.2 115.6 192.4 267.1 310.8 407.5 North America 82.8 104.9 147.6 196.7 198.2 312.4 Europe 21.2 25.9 43.3 54.2 54.5 75.7 Oceania 1.7 3.4 9.7 12.4 19.6 28.6 Central & South America 1.2 1.0 8.5 18.5 12.6 14.8 Africa 2.0 1.3 8.6 6.4 5.1 8.0 Others 0.1 0.1 .3 - .3 .5 Total 228.2 252.2 410.4 555.3 601.1 847.5 Japan 79.1 87.2 140.4 206.1 230.4 314.7 USA 84.4 102.9 139.8 190.3 191.4 301.1 Federal Republic of Germany 6.7 11.3 14.3 21.5 25.1 29.6 Australia 1.4 3.4 9.5 12.3 19.2 27.5 Malaysia &e Singapore 4.0 4.6 8.0 11.2 14.1 19.5 United Kingdom 6.2 3.9 10.0 11.9 9.7 16.7 Kuwait - 7.3 9.6 10.2 18.7 16.2 Philippines 1.9 2.5 10.4 13.7 14.7 15.0 Thailand - 4.3 6.3 3.8 10.2 13.5 Hong Kong 3.2 5.1 6.5 7.8 9.8 13.0 Canada 1.0 2.0 7.8 6.4 6.9 11.3 Others 40.3 17.7 47.8 60.1 50.9 69.4 B. In Percentages Asia 52.2 45.8 46.9 48.1 51.6 48.1 North America 36.3 41.6 36.0 35.4 33.0 36.8 Europe 9.3 10.3 10.6 9.8 9.1 8.9 Oceania 0.7 1.3 2.4 2.2 3.3 3.4 Central & South America .5 .4 2.1 3.3 2.1 1.7 Africa 0.9 .5 2.1 1.2 0.9 1.0 Others .1 .1 - - - .1 Total 100.0 100.0 100.0 100.0 100.0 100.0 Japan 34.7 34.6 34.2 37.1 38.3 37.1 USA 37.0 40.8 34.1 34.3 31.8 35.5 Federal Republic of Germany 2.9 4.5 3.9 3.9 4.2 3.5 Australia 0.8 1.3 2.3 2.2 3.2 3.2 Malaysia & Singapore 1.8 1.8 1.9 2.0 2.3 2.3 United Kingdom 2.7 1.6 2.4 2.1 1.6 2.0 Kuwait - 2.9 2.3 1.8 3.1 1.9 Philippines 0.8 1.0 2.5 2.5 2.4 1.8 Thailand - 1.7 1.5 0.7 1.7 1.6 Hong Kong 1.4 2.0 1.6 1.4 1.6 1.5 Canada .4 .8 2.1 1.2 1.2 1.3 Others 17.5 7.0 11.6 10.8 8.6 8.3 Source: Foreign Exchange and Trade Commission, Executive Yuan, Foreign Trade Quarterly, -E4 rITVrnT T"A,,.+-t ^P 7AA 0h4ri Table 26 Receipts and Payments on Goods and Services (in million US dollars) A.Rcit 1963 1964 1965 1966 1967 A. Receipts 1. Exports, f.o.b. 218.2 331.7 434.5 450.8 542.7 650.6 2. Non-monetary gold - 3.7 0.4 - 0.5 1.0 3. Freight and insurance on merchandise, 10.1 10.8 7.7 9.2 10.3 15.0 of which: 3.1 Freight 9.7 10.4 7.0 8.2 9.2 13.8 4. Other transportation, of which: 0.4 7.8 5.4 8.9 11.1 21.5 4.1 Passenger fares - - 0.5 1.6 7.3 4.2 Port disbursements 0.2 7.2 5.3 8.3 9.2 14.2 5. Travel 1.8 2.5 7.0 10.6 20.4 36.4 6. Investment income, of which: 1.9 2.3 5.4 8.3 8.4 11.1 6.1 Direct investment 1.2 1.0 1.3 2.5 2.0 3.7 7. Government, n.i.e. 12.5 15.4 17.6 23,1 46.7 27.3 8. Other services 8.4 13.6 13.3 17.5 19.5 15.8 Total 25373 371 491.3 528.4 77697 B. Payments 1. Imports, f.o.b. 3 a1 a/ 359 ! 407.8 522.8 585.6 768.9 2. Non-monetary gold 0.3 - - 0.4 - - 3. Freight and insurance on merchandise, a/ a/ 23.5 30.7 34.0 34.7 of which: 3.1 Freight a/ a/ 19.6 25.5 28.3 25.7 4. Other transportation, of which: 10.9 11.1 13.4 15.7 20.9 27.2 4.1 Passenger fares 2.3 2.4 4.0 4.6 3.7 3.2 4.2 Port disbursements 7.5 8.6 9.3 10.5 15.0 23.8 5. Travel 2,6 1.2 2.8 5.9 3.6 7.2 6. Investment income, of which: 4.3 4.9 4.4 1009 10.4 12.0 6.1 Direct investment - - 0.3 4.9 3.3 19 7. Government,n.i.e. 11.2 11.9 14.6 20.67 14.7 21.3 8. Other services 8.5 13.3 16.2 17.2 16.6 24.3 Total 375.5 402.2 1TF27 624.72 685.8 69516 C. Balance -125.5 -14.4 8.6 -95.8 -26.2 -116.8 a! IImports, c.i.f. for 1962 and 1963. Source: IMF, Balance of Payments Yearbook and the Central Bank of China. Table 27 Balance of Payments (in million US dollars) 1960 1961 1962 1963 1964 1965 1966 1967 A. Goods and Services (=I + II) -130.0 -130.7 -125.5 -14.4 8.6 -95.8 -26.2 -116.9 I. Trade Balance -123.2 -133.9 -123.1 -724 27.1 -72.4 -42.4 -117.3 1. Exports, f.o.b. 167.0 19c.2 21t.2 331.7 flTiS T0F 7 7 650.6 2. Imports_' f.o.b. of which: -286.5 -330.3 -3h1.0 -359.8 -807.8 -522.8 -585.6 -768.9 2.1 (U.S. aid imports.") (-97.1)(-120.7) (-97.8) (-89.6) (-4B.5)-(60.1) (-33.0) (-27.8) 3. Non-monetary gold -0.7 0.2 -0.3 3.7 0.8 -0.4 0.5 1.0 II. Net Services -6.8 3.2 -2.h 10.0 -18.5 -23.4 16.2 0.5 4. Freight and merchandise insurance -F - 10.1 10.8 -5 - -23.7 -19.7 5. Other transportation -6.2 -8.1 -10.5 -3.3 -8.0 -6.8 -9.8 -5.7 6. Travel -1.L O.L8 -0.8 1.3 4.2 4.7 16.8 29.2 7. Investment income -0.5 -2.0 -2.4 -2.6 1.0 -2.6 -2.0 -0.9 8. Government, n.i.e. -8.0 1.4 1.3 3.5 3.0 2.5 32.0 6.0 9. Other services 0.5 1.7 -0.1 0.3 -2.9 0.3 2.9 -8.5 B. Transfer Payments 58-3 95.L 54.8 44.7 20.2 32.9 23.7 18.1 10. Private s. 14.7 E.-6 .T1 1T2.1 15T. 1 =0 11. Central Government, of which: i2.5 83.7 40.2 30.6 8.1 17.7 5.6 -1.9 11.1 (U.S. Grants) (rl.8) (86.1) (42.8) (36.6) (16.7) (18.4) (6.9) (-) Balance or Curre-t .c:-nrt ( +) -1. 7 -32.3 -70.7 30.3 28.8 -62.9 -2.5 -98.8 C. Capital Movements .1.B 62.5 56.7 6-9.3 48.2 50.9 72.1 159.3 12. Foreign and overseas Chirese'nv-ectment -77T 9.5 g9.0 1. 15.6 10.0 8.8 2 13. Other private long-term, net- 10.9 6.3 -8.6 -5.2 -2.9 13.7 22.L 77.4 13.1 ((From U.S. Government) (0.8) (1.0) (1.6) (1.0) (-0.2) (-0.6) (-0.1) (lo.5E) 13.2 (From IBRD) (-, (-) (-) (-) (-) (9.6) (5.6) (3.6) 13.3 (From IDA) (-) (-) (0.2) (1.2) (2.5) (1.4) (-) (-) 13.4 (From EXIM Bank of Japan) (-) (-) (-) (-) (-) (-) (7.7) (30.5) 13.6 (From others) (10.6) (5.3) (-6.8) (-7.8) (-5.2) (3.3) (9.2) (32.8) 14. Other private short-term, net 2( .6 17.2 1L.c 20.1 18.9 -4.9 80.7 32.3 16. Central and local governments, lonp-term loan-, net 11.3 22.8 20.6 33.8 23.8 80.3 30.7 22.7 15.1 (From U.S. Government) (11.3) (23.2) (17.2) (14.3) (8.1) (24.1) (8.3) (17.6) 15.2 (From IBRD) (_) (-) ((-) (-) (-) (-) (12.0) (3.1) 15.3 (From IDA) (-j (-) (2.6) (2.8) (1.9) (0.6) (0.2) (-0.1) 15.4 (From Japan - JOECF) (-) (-) v-) (-) (-) (-) (-) (0.6) 15.5 (From others, mainly U.S. private sector) (-) (-0.L) (0.8) (16.3) (13 .8) (15.6) (10.2) (1.5) 16. Central and local governments, sao-rt-term, net -28.6 12.9 17.3 9.5 -1.0 -8.2 -28.5 1.9 17. Capital subscriptions and changes in assets of cfficial institotions- 35.B -16.2 -C.8 -6.8 -. B -1.6 -1.6 D. Monetary Sectors (- indicates increase) -2'.5 -18.3 17.7 -106.0 -65.6 16.9 -69.8 -58.6 18. Commercial banks' assets, net --- 0 -7S. =3 -7T7 _M_._7 :-C73 ; 19. Central Bank's assets, net -22.6 59.9 -0.6 -83.3 -98.8 -7.8 -14.7 -28.4 20. Monetary gold - -2.6 - -7.5 -.3 - -7.5 -18.8 E. Errors and Omissions 2.L -1.9 -3.7 5.4 -11.4 -4.9 0.2 -1.9 a/ C.i.f. value of imports for 196C-1563. S/ Including central and local government enterprises. c/ Including $16.776 million from U.S. Export-Import Sank loans. Source: IMF and The Central Bank of COina Table 28 Foreign Assistance - U.S. AID (in million U.S. dollars) Total Annual Averages or Annual Amount 1951/52- 5T1/52- 1'I,5t'-/57- 19t:- 0/:l 1966/67 1955/56 1959/60 1963/64 1964/65 1965/66 1966/67 1. General Economic Aid A. Defense Support or Development Loan: Obligated b63.4 93.0 65.2 34.4 - - Arrivals 827.4 93.1 65.2 25.3 _ _ ]3. Technical Coop. or Development Grant: Obligated 30.5 2.0 3.0 2.1 0.4 - Arrivals 30.3 1.9 3.0 2.1 0.4 - C. Direct Force Support: Obligated 147.7 24.2 6.2 .6 - - Arrivals 147.7 24.2 6.2 .6 - - D. Total: Obligated 1,041.6 119.1 74.4 37.0 0.4 - Arrivals 1,005.4 119.1 74.4 28.0 0.4 - 2. PL-480 Surplus: Obligated 372.7 2.6 11.5 54.6 59.8 4.2 3.3 Arrivals 336.3 2.6 17.9 50.4 45.5 4.2 0.5 3. Development Loan Funds: Obligated 66.9 - 12.6 b.2 - - Arrivals 63.9 - 11.9 4.1 - -- 4. Total: Obligated 1,481.2 121.8 105.4 95.8 60.2 4.2 3.3 Arrivals 1,405.5 121.8 104.2 82.4 45.9 4.2 0.5 Balance 75.7 - 1.2 13.5 14.3 - 2.8 Source: C.I.E,.C.D. Table 29 Consolidated Budget of All Levels of Government-/ (Million NT Dollars) (FY - July 1 - June 30) FY 1960/61 FY 1961/62 FY 1962/63 FY 1963/61 FY 1964/65 FY 1965/66 FY 1966/67 FY 1967/6a!/ A. Revenue 12,158 12,837 13,6,8 16,671 20,342 21,886 25,857 21,,878 1. Taxes 7,365 7,417 8,372 9,958 11,973 13,589 15,203 15,257 (1) Direct Taxes 2,303 2,203 2,355 2,883 3,361 3,533 3,627 3,978 (2) Indirect Taxes 5,062 5,21. 6,017 7,075 8,612 10,056 11,576 11,279 2. Revenue from Tobacco and Wine Monopoly 2,286 2,691 2,516 2,882 3,273 3,697 1,,24 4i ,123 3. Profit of Public Enterprises and Business Revenues 1,035 1,117 1,090 2,183 3,109 2,371 3,924 2,278 1L. Other Revenue from Property 187 191 I06 116 L70 586 466 513 5. Fees 350 3L9 416 542 608 679 913 956 6. Fines and Indemnities 92 111 130 163 211 253 261 216 7. Contributions and Donations 28 70 62 L,7 51 51 32 21 8. Others 815 588 656 080 6L1± 660 81h 1,515 B. Expenditures l,060 151 16571 22,391 23,836 7 29.157 1. Defense and Administration 3,399 3,915 9,.2L 9,°P1 11,186 13,590 1h,29h 14,950 2. Internal Security 61? 7CI, 76It 81L 869 1,030 1,156 1,362 3. Economic aeconstruction and Communication 1,323 1,30C 1, 513 1,798 1,816 2,281 2,221 1,946 4±. Education, Science, and Culture 1,916 2,117 2,2?1± 2,51$ 2,7°L, 3,1±59 3,978 4,570 5. Social and Relief Affairs 5Q8 778 822 1,1±5 1,699 1,12h 2,200 2,457 6. Public Debt Services 390 562 3G 67L 970 776 1,510 1,595 7. Investments in Public Enterprises and Funds b65 680 759 773 2,455 1,108 3,920 1,350 8. Others 375 L52 122 105 602 165 15 927 C. Deficit -' LL -2,577 -2, 309 -iL -5 -1,950 -3 900 4,279 D. Financing of Deficits 1iSA 203 2,193 2,393 3,01±3 3,303 3,722 4,191 1. Sales of Property 179 S;l 371 6?5 1,066 348 121 391 2. Domestic Bond Issues LI0C 500 760 9Ll8 1,217 2,315 3,118 3,44ltO 3. Transfers from Counterpart 1,290 1,052 1, 0AIC 910 760 6± 1±80 360 E. Changes in Cash Balance (- increase in cash reserve) +L2 +37L +616 -568 -991 -1,353 +178 +88 i Actual figures for FYT's 1961-1967; budget data for FY 1968 excluding supplementary budgets of Taiwan Provincial Government and local governments. Source: Ministry of Finance, data supplied to the Mission. Table 30 Revenue from Taxes and Monopolies (in million NT$) (FY - July 1 - June 30) FY 196c/61 FY 1961/62 FPT 1962/63 FY 1963/64 Fy 1961/65 FY 19656 FY 166/67 Central Government Taxes 1,672 63.14 ,5C2 ,('.7 5,c,.5 60.9 6,331 63.6 7,725 61.5 8,798 64.7 10,006 65.8 8,922 58.5 Custom Duties Tas 1,822 21.7 1,963 26.5 7,21L2 26.5 2,693 27.0 3,177 29.0 1,110 30.3 41,46 29.3 3,h23 22.4 Comodities Tax 1,117 15.6 1,017 13.7 1,155 17.h 1,788 18.0 2,073 17.3 2,382 17.5 2,951 19.1 2,929 19.2 lns.m Tax 998 13.6 870 11.2 767 9.2 1,131 11.1 1,36L 11.1 1,280 9.1 1,375 9.0 1,713 11.2 Stamp Tax 368 5.0 313 1.6 371 1.L 136 Kb.h 510 K.3 537 1.0 637 1.2 665 1.4 MIt Tax 116 2.0 117 2.0 138 1.7 153 1.5 155 1.3 150 1.1 175 1.2 163 1.1 Estate Tax 7 - 6 - 9 .1 13 .2 17 .1 13 .1 18 .1 17 .1 Tax on Securities Transactione - - - - - - 8 - 9 - 10 .1 Mining Lot Tax 2 - 1 - 2 - 2 2 3 2 - Defense Surtax on Power and Petroleum 182 2.5 195 2,7 lII 1.3 110 1.1 120 1.1 316 2.3 389 2.6 - - Provincial Taxes 1,5C7 70.5 1,61? -1.8 1, 31, 22.0 1,962 19.7 2,363 19.3 2,719 20.0 2,872 18.9 3,228 21.2 Business Tax 561 7.6 '20 .? -" 7 74< 7. 91> 7.6 955 7.0 960 6.3 1,C79 7.1 Land Tax (Rural land Tax) 363 1.9 h37 .9 57A - '7 . 673 5.2 661 4.9 615 h.3 929 6.1 land Value Tax (Urban Land Tax) 105 1.1 95 1.3 95 1.1 2CC 1.0 211 2.0 389 2.9 103 2.5 lOO 2,6 Land Value Increaent Tax 151 2.1 L2 1.5 1CL 1.? 82 *- 25 .2 26 .2 85 .6 30 .2 Harbor Dues 216 3.0 237 3.2 259 3.1 319 3.2 617 3.5 509 3.7 571 3.8 580 3.B Vehicles License Tax 108 1.5 317 1.6 123 I.5 137 1.1' 155 1.3 178 1.3 208 1.4 210 1,1 H and Municial Taxes 1,186 16.1 1,296 17.5 1,131 17.1 1,665 16.7 1,581 15.7 2,073 15.3 2,325 15.3 1,914 12.7 Slaughter Tax 338 1.6 388 5.2 L7 5.,' QS 5.9 555 1.6 636 6.7 729 1.8 716 1.9 Household Tax 310 1.6 323 L1.5 365 L.1 Ll13 1:.1 L163 3.9 167 3.1 503 3.3 172 1,1 House Tax 262 3.6 312 l.? 330 I,.C 0 10 1.0 438 3.7 510 3.8 573 3.8 558 3.7 Amusement Tax 121i 1.7 237 2.9 11.9 1.14 110 1.L 176 1.5 202 1.5 230 1.5 230 1.5 Seed Tax 82 1.1 92 1.2 99 1.2 176 1.8 185 1.5 183 1.3 203 1.3 11O .9 Feast Tax 1o .5 _ 51 .6 hi .5 _51 .5 62 .5 75 .6 89 .6 98 .6 Total Taxes 7,365 100.0 7,L17 1OC.0 8,372 100.c 9,955 ICc.o 11,973 100o0 13,589 100.0 15,203 100.0 15,257 100,0 Tobacco and Wine Monopoly Revenue 2,286 2,691 2,51' 2,582 3,273 3,697 1,211 1,123 Total Revenue 9,651 10,108 , ,g3q 12,81O0 35,21L6 17,286 19,117 19,380 Actual figures for FT's 1961-1967; budget data for FY 1968. Unless marked otherwise in this Table dvfen~e srlrx revenue is added to taxes on which the surtax is imposed. bL Levied on monthly gross business receipta. 7/ Budget data for FY 1968 do not include supplementary budgc-ts of Tanian ProvIncial Government and lo-al governments. Revenue froin defense surtaxes, not identifiable by individual taxes totaled NT$1,163 million and amounted to 7.6% of total tcx ne;renue. T:iis amount is included in tie total tax revenues but not shown separately in the Table. Source: Ministry of Finance. Table 31 Revenues, Expenditures, and Profits or Loss of Central Government Enterpries a/ 1966 (in millions NT$) Profits Revenues Expenditures or (Loss) Industry 6,788 6,09 (121) Taiwan Sugar Co. 3,097 72 (375) Taiwan Fertilizer Co. 1,989 1,813 1714 Taiwan Alkali Co. 177 177 Taiwan Machinery Manufacturing Co. 342 341 1 Taiwan Shipbuilding Co. 145 140 5 Taiwan Textile Industrial Co. 63 73 (10) Taiwan Aluminum Co. 540 483 57 Chunghwa Machinery & Engineering Co. 270 263 7 Taiwan Salt Processing Plant 168 148 20 Mining 4,159 2 751 1 18 China Petroleum Co. 3,850 2,1421 Taiwan Metal Mining Co. 309 289 20 Electricitr 3,414 2743 671 Taiwan Power Co. 3,41.4 2,7 13 671 Banking 2 483 2 034 449 Central Bank of China 65 6 118 Bank of China 418 248 170 Bank of Communications 246 194 52 Farmers' Bank of China 1 1 Central Trust of China 924 815 109 Reinsurance Fund 239 238 1 Communications 1,931 141 517 Directorate-General of Post Office, MOC 458 31 11T Head Office of Telecommunications, MOC 894 503 391 China Merchants Steam Navigation Co. 1486 503 (17) New China Salvage Co. 94 94 Miscellaneous 59 56 3 Pharmaceutical Supply Bureau, MOI 26 27 (1) Narcotics Supply Bureau, MOI 10 8 2 Joint Industrial Research Center, MOGA 23 21 2 Grand Total 18,835 15,907 2,928 a/ Directly-operated enterprises. Figures may not add to total due to rounding. Source: Ministry of Audit. Table 32 Consolidated Statement of Conditions of the Monetary System2/ (million NT dollars - end of year) 1961 1962 1963 1964 1965 1966 1967 Assets Net foreign assets 5,182 4,480 8,680 11,292 10,620 13,410 15,727 Claims on Government 4,398 4,516 5,263 6,061 7,045 8,832 10,314 Claims on Government enterprises 5,820 7,473 6,434 7,316 8,394 9,375 11,404 Claims on Private Sector 10 313 13 264 16 120 20 670 26 469 31 099 38- 221 Total 36T497 45W339 75T66 Liabilities Money supply 7,335 7,923 10,198 13,431 14,845 17,393 22,100 Time and savings deposits 9,501 12,145 15;510 19,720 23k449 29,517 35,584 Government deposits 2,385 2,980 3,303 3,644 5,290 8,009 9,506 U.S. AID deposits 3,404 3,955 4,711 5,614 5,606 4,309 3,331 Unclassified liabilities and capital account (net) 3 088 2 730 2 775 2 930 3,338 3 488 5 145 Total tL 2,733 45t33 3 52b 62'7 a/ Including all banks, credit cooperative associations, mutual loans and savings companies, the credit departments of farmerst associations, and the Directorate General of Postal Remittances and Savings Bank. Source: Central Bank of China Table 33 Factors Affecting the Money Supplya/ (Million NT$) 1961 1962 1963 1964 1965 1966 1967 A. General Government 956 -477 424 457 -662 -932 -15 Claims on Government 1,201 118 747 798 984 1,787 1,482 Government deposits -245 -595 -323 -341 -1,646 -2,719 -1,497 B. Government Enterprises 1 219 1 653 -1,039 882 1,078 981 2 029 Claims on Government enterprises 3 0 -509 340 071 -1,38 C. The Private Sector -662 307 -509 340 2,071 -1,438 1,055 Claims on Private enterprises and otaiers 2,906 2,951 2,856 4,550 5,799 4,630 7,122 Time and savings deposits -3,568 -2,644 -3,365 -4,210 -3,728 -6,o68 -6,067 D. U.S. Aid Counterpart Funds U.S. Aid Deposits -780 -551 -756 -903 8 1,297 978 E. Foreign Transactions Net foreian assets L.b98 -702 4,200 2,612 -672 2,790 2,317 F. Capital and Others (net) -1,006 358 _45 155 -4c8 -150 -1,657 G. Money Supply 1)225 588 2,275 3,233 1,h4l 2,548 4,707 a/ Changes durir.g the year as indicated; no sign indicates the said transactions have an effect on the money supply to increase; minus sign indicates decrease. Source: Central Bank of China, Taiwan Financial Statistics Monthly Table 34 Interest Rates (Percent per annum)a/ L o a n s D e p o s i t s Bank of Taiwan Bank Other Banks Free Market Time Savings Rediscounts b/ To Government Export Secured Taipei, Deposits Deposits End of Central Bank Call Loans- Enterprisesc- Advances Loans Secured Loans 3 I,Ionths 1 Year 1952 - 36.00 21.60 - 36.00 66.oo 21.6 - 1953 - 21,60 14.4o - 27.-0 42.00 12.6 2400 1954 - 21.60 11.88 - 23.40 37.20 10.8 19.20 1955 - 21.60 11.88 - 21.60 L3 .20 10.8 19.20 1956 - 18.00 10.80 - 11.78 - 21.60 39.60 - 21.60 1957 - 16.00 10.80 - 11.78 11.88 19.80 36.00 10.2 19.80 1958 _= 18.00 10.k.0 - 11.78 11.88 19.80 36.00 10.2 19.80 1959 - 18.00 10.80 - 11.70 11.88 1l.00 39.60 9.0 17oO4 196o - 18.00 10.80 - 11.78 11.88 18.00 39.60 9.0 17.o4 1961 14.h0 16.20 0o.80 o 16.20 11.88 16.20 28.80 7.2 14L40 1962 12.96 15.84 10.80 - 11.78 7,50 15.84 28.8o 6.5 13.32 1963 11.52 14.04 10.80 - 11.78 7;50 14h04 25.20= 6.o 12.00 196L 11.52 14104 10.80 - 11.78 7e50 1b.04 21.60 6.0 10.80 1965 11.52 1)40h 10.80 - 11.78 7.50 140.4l 21.60 6.o 10.80 1966 11.52 14h04 10.80 - 11.78 7.50 14o04 21.60 6.o 10.08 1967 10.80 13.32 10.80 - 11.78 7.50 13.32 21.60 5.4 h.72 a/ Rates except for time deposits are monthly rates converted to annual rates. b/ Bank of Taiwan rate through 19603 Central Bank of China rate thereafter. 'E Other than textile industry. Source: Central Bank of China, Taiwan Financial Statistics Monthly. Table 35 Indices of Wholesale Prices at Taipei (1956=100) Fuel and Metals Bldg. Rubber Wood Pulp Chemicals General Elec- and Mate- & Rubber and & Chemical Period Index Food (Rice) Clothing tricity Mfgrs. Timber rials Products Paper Products Misc. 1957 111 113 105 96 114 111 125 97 98 109 104 114 1958 111 114 110 96 119 110 114 84 91 108 111 127 1959 123 130 119 105 139 113 109 97 94 111 115 137 1960 140 157 161 142 121 108 109 108 129 120 136 1961 145 163 182 105 139 117 95 92 111 135 130 142 1962 149 167 176 108 146 112 89 08 113 133 137 142 1963 159 183 180 111 151 110 90 87 117 129 137 139 1964 '63 191 185 111 152 113 69 88 113 129 133 141 1965 155 178 187 109 161 113 99 92 112 126 131 143 1966 158 182 192 105 171 108 115 95 110 124 129 141 1967 162 186 202 104 181 107 120 107 105 325 130 138 1967 Jan. 160 185 194 104 179 107 117 97 107 314 1.29 138 Feb. 162 189 202 104 181 109 117 98 107 311) 129 138 March 162 188 204 104 181 109 117 97 107 313 130 138 April 161 187 204 104 161 109 117 97 106 302 130 137 May 160 185 206 104 181 107 119 107 105 286 130 137 June 160 184 200 104 181 108 120 105 105 283 130 137 July 161 185 201 104 181 107 120 106 105 371 130 137 Aug. 160 183 203 104 181 107 121 111 104 305 130 138 Sept. 163 2.86 204 103 181 107 122 122 103 375 130 138 Oct. 164 188 199 104 181 106 122 131 102 359 130 138 Nov. 163 189 203 104 181 106 122 106 102 343 130 138 Dec. 164 190 204 104 181 106 125 103 102 357 130 140 Source: Bureau of Accounting and Statistics, Taiwan Provincial Government and BAS, Taipei municipal Government, Taiwan Monthly Commodity-Price Statistics. Table 36 Price Indices - tIajor City Consumers' Prices (1956 = 100) Education General Communica- and Miscel- Period Index Food Clothiing Housing tions Medical Recreation laneous 1957 110 110 103 110 105 135 104 106 1958 114 114 108 116 112 134 111 110 1959 126 127 118 124 116 151 115 115 1960 149 157 122 128 133 208 121 129 1961 161 163 121 130 137 341 129 135 1962 165 159 123 134 149 431 135 147 1963 168 162 125 138 146 4i5 136 152 19604 168 166 127 137 141 389 136 150 1965 168 170 127 140 141 335 138 151 1966 171 177 127 142 142 300 139 152 1967 177 185 127 148 148 297 141 155 1967 January 174 181 128 147 142 296 140 152 February 177 186 128 148 142 296 140 155 March 174 181 127 11T8 142 295 141 154 April 174 182 127 148 142 284 140 154 May 175 184 127 148 1L2 274 139 154 June 176 186 127 148 149 271 141 154 July 178 188 127 148 149 293 140 154 August 178 186 127 148 152 297 143 154 September 180 187 127 148 154 323 143 156 October 179 186 127 149 154 323 143 156 November 179 187 127 148 154 308 143 156 December 180 188 127 149 154 308 143 157 Source: Bureau of Accounting and Statistics, Tai-van Provinciai Government, and BAS, Taipei !iunicipal Government, Taiwan M4onthly Commodity-Price Statistics