<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/437d65a3-c09f-431c-8c49-271f6881ce08/4C165AA5-8396-4ECA-AB76-490AE93B8426/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.moeasmea.gov.tw/ct.asp?xItem=72&CtNode=263&mp=1" href="http://www.moeasmea.gov.tw/ct.asp?xItem=72&CtNode=263&mp=1" style="font-size: 11px;">www.moeasmea.gov.tw</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moeasmea.gov.tw/ct.asp?xItem=72&CtNode=263&mp=1">The next stage in <ST1:PLACE w:st="on"><ST1:COUNTRY-REGION w:st="on">Taiwan'</ST1:COUNTRY-REGION></ST1:PLACE>s economic development consisted of a period of import substitution based on labor-intensive light industries.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moeasmea.gov.tw/ct.asp?xItem=72&CtNode=263&mp=1">Through the exportation of agricultural products, both processed and unprocessed, <ST1:PLACE w:st="on"><ST1:COUNTRY-REGION w:st="on">Taiwan</ST1:COUNTRY-REGION></ST1:PLACE> was able to earn foreign exchange. Private enterprises were encouraged to import raw materials, semi-finished products and machinery to produce consumer goods which could replace imports in the domestic market, thereby establishing a firm foundation for the development of those industries producing everyday necessities. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moeasmea.gov.tw/ct.asp?xItem=72&CtNode=263&mp=1">The third period saw rapid growth of <ST1:PLACE w:st="on"><ST1:COUNTRY-REGION w:st="on">Taiwan'</ST1:COUNTRY-REGION></ST1:PLACE>s exports.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moeasmea.gov.tw/ct.asp?xItem=72&CtNode=263&mp=1">During the next period, the overall growth rate for labor-intensive light industries rose to new heights, the economy as a whole continued to grow, and <ST1:PLACE w:st="on"><ST1:COUNTRY-REGION w:st="on">Taiwan</ST1:COUNTRY-REGION></ST1:PLACE> began to develop a trade surplus</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moeasmea.gov.tw/ct.asp?xItem=72&CtNode=263&mp=1"> enhance their international competitiveness</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moeasmea.gov.tw/ct.asp?xItem=72&CtNode=263&mp=1">Park to facilitate the development</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4C165AA5-8396-4ECA-AB76-490AE93B8426/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks:  Amplify.com - Don't just share the news...Amplify it!