Education
The Taiwanese educational system produces pupils with some of the highest test scores in the world, especially in mathematics and science.[1][2] It has been criticised for placing excessive pressure on students and eschewing creativity in favour of rote memorization. Recent educational reforms intended to address these criticisms are a topic of intense debate in Taiwan.
Although current law mandates only nine years of schooling, 95% of students go on to high school, trade school or college.
The literacy rate in 2003 was 96.1%.
Economy
Republic of China (Taiwan) has a dynamic capitalist economy with gradually decreasing guidance of investment and foreign trade by the government. In keeping with this trend, most large government-owned banks and industrial firms have been privatized. Real growth in GDP has averaged about 8% during the past three decades. Exports have grown even faster and since World War II, have provided the primary impetus for industrialization. Inflation and unemployment are low; the trade surplus is substantial; and foreign reserves are the world's fourth largest. Agriculture contributes 3% to GDP, down from 35% in 1952, and the service sector makes up 73% of the economy. Traditional labor-intensive industries are steadily being moved off-shore and replaced with more capital- and technology-intensive industries. Taiwanese investors and businesses have become major investors in the People's Republic of China, Vietnam, Thailand, Indonesia, the Philippines, and Malaysia. The tightening of labor markets has led to an influx of foreign workers, both legal and illegal. Because of its conservative financial approach and its entrepreneurial strengths, Taiwan suffered little compared with many of its neighbors from the Asian financial crisis in 1997-1999.
Climate
Taiwan is sub-tropical but the climate varies from hot and humid in the south tempering to cooler in the north and inland mountainous region. All over the country sudden rain showers frequently occur, making rainwear an essential part of a visitor's luggage. The driest time of year is autumn (September and October), which is followed by a short generally damp and chilly winter with snow on the island's mountain peaks. Summer temperatures can reach 90ºF (35ºC) at the coast. Summer is also typhoon season.
List of Universities in TAIWAN
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