Forward-looking‧Professional‧International 
March 2017  
The world economic outlook is promising
Taiwan's economy will benefit from heating external demand
The world economic outlook is promising: a) the US economy is recovering and on the right track, b) the job market in Europe is improving and its long-lasting deflationary fear is subsiding, and c) the Chinese PMI is at the expansion mode. As a result, Taiwan can certainly benefit from the heating-up of external demand.
Taiwan’s exports in February 2017 increased by 27.66% compared with the same month of 2016. Regarding imports, Taiwan’s imports in February 2017 increased by 42.1% compared with imports in February 2016. From January 1st till the end of February, Taiwan’s exports and imports gave a trade surplus of US$ 6.86 billion or a decrease by 11.02% on a y-o-y
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Median wage declined in 2016
The median monthly wage for private sector workers in Taiwan dipped 0.59 percent to NT$40,612 (US$1344) between 2015 and 2016, according to a Directorate General of Budget, Accounting and Statistics announcement in March. Directorate figures also showed the median salary (including regular and non-regular wage) to be lower than average monthly wages. According to the latest directorate figures, the average monthly wage for private sector workers stood at NT$48,790, an annual increase of 0.62 percent. The ratio between median and average wages stood at 83.24 percent in 2016, the lowest in eight years. (Source: The China Post)

Strengthen Energy-Saving Capacity, Governments and Schools Aim to Achieve the 2019 Target of Increasing Electricity Usage Efficiency by 4%. (Source: MOEA)
Taiwan Economic Research Monthly
Intelligent agricultural development of food production and security
The development strategy of international intelligent agriculture
This article will analyse the policies of intelligent agriculture development in different countries, which will explore their intelligent agriculture industry in terms of their current situation, policy mechanism, development model, and challenges for Taiwan’s reference on promoting intelligent agriculture.
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