MOEA tour seals smart industry deals in France, Germany
Taiwanâ€™s top R&D institute has signed memorandums of understanding on autonomous cars and intelligent production with companies in France and Germany that will spur the integration of the local smart technology sector with the global industry. More on Page 2
A global smart machinery hub
The government is making solid progress in transforming Taiwan into a global hub for smart machinery and intelligent manufacturing.
Local companies tap abundant biotech expertise to create innovative, cost-effective skin care products.
More on Page 3
More on Page 5
Taiwan moves up to 3rd in BERIâ€™s latest global
The Scent of Tea and Trade
Creators and companies are showcased at two pavilions. DIGI+ Creative Content Market is centered on AR and online gaming.
Wandering through the streets and alleys of the old Dadaocheng area in Taipei City: history and the future, tradition and modernity.
More on Page 4
More on Page 7
MOEA tour seals smart industry deals with firms in France , Germany Taiwan’s top R&D institute has signed memorandums of understanding on autonomous cars and intelligent production with companies in France and Germany that will spur the integration of the local smart technology sector with the global industry, the Ministry of Economic Affairs said.
Source : Taiwan Today
State-backed Industrial Technology turing products and services using the Research Institute inked the two agreeinstitute’s machine-to-machine comments with French software design firm munications technology and Siemen’s Dassault Systemes and German engicloud-based software services. M2M neering giant Siemens AG during a redescribes the direct interaction of two cent MOEA-organized tour to Europe. devices without human interference. With the government focused on imThe delegation of officials and busiproving the software capacity of Tainess representatives, led by Kung, also wan’s smart machinery sector, these visited eight other companies and intie-ups will help local firms become stitutions including the headquarters globally competitive by working with of energy management and automainternational industry heavyweights tion conglomerate Schneider Electric to develop better SE and European products and seraerospace giant vices, MOEA DepAirbus Group uty Minister Kung SE’s main office Ming-hsin said. in France and the ITRI, based in headquarters of northern Taiwan’s engineering firm Hsinchu County, Bosch Rexroth plans to work with AG in Germany. Dassault on develDuring the nineoping electric cars day tour, the deland self-driving egation met with vehicles through the Ministry of exchanges in areEconomic Affairs, Courtesy of MOEA as such as compoLabor and Housnents and system integration. In addiing under the Baden-Wurttemberg State tion, Taiwan’s smart vehicle companies Government in Germany. The state is will be able to sell their products through known as one of the country’s leading the French firm’s online platform. hubs for the artificial intelligence, maSiemens will collaborate with ITRI chinery, and information and communito hold smart machinery training procation technology industries, according grams and develop intelligent manufacto the MOEA.
A global smart machinery hub President Tsai Ing-wen said that the government is making solid progress in transforming Taiwan into a global hub for smart machinery and intelligent manufacturing.
Local firms are receiving assistance from the government in the form of expert advice and subsidies in upgrading their manufacturing models, Tsai said. This will enable them to
development of digitally connected manufacturing that combines artificial intelligence, big data management, smart automation and the Internet of Things.Â Tsai,
Source: Taiwan Today
Taiwanâ€™s international trade promotion initiatives continue to strengthen industry ties-ups and economic ties with partner countries, according to the MOFA Aug. 7. (Staff photo/Chin Hung-hao)
make the transition from manual labor to smart production in line with Industry 4.0, she added.Â Industry 4.0, also known as the fourth industrial revolution, refers to the
who made the remarks while opening the Taiwan Automation Intelligence and Robot Show at Taipei Nangang Exhibition Center, said the local machinery industry plays a cen-
tral role in the country’s economic development, with production value exceeding NT$1 trillion (US$32.57 billion) last year. A total of 152 companies and institutions from home and abroad are taking part in the four-day event organized by Taipei Citybased nongovernmental organization Taiwan Automation Intelligence and Robotics Association and supported by the ministries of Economic Affairs, Education, and Science and Technology. The show spotlights the latest technologies and trends in AI, smart manufacturing and robotics. Some of the highlights include aerospace robot applications and mobile robotic arms developed by state-backed Industrial Technology Research Institute in Hsinchu County, northern Taiwan. Such products are testament to the effectiveness of the five-plus-two industrial innovation program.
A key plank in the government’s national development strategy, the economic revitalization program targets the three other high-growth sectors of biotech and pharmaceuticals, national defense and smart machinery, as well as the promotion of two concepts: the circular economy and a new paradigm for agricultural development. Another important part of the event is the MOEA-organized Taiwan-Japan Smart Manufacturing Forum, which seeks to establish ties and deepen existing connections between firms from the two sides. The show, one of five held concurrently at the same venue under the umbrella of the Series of Asia Industry 4.0 and Intelligent Manufacturing Exhibition, also encompasses 3-D printing, Internet of Things, the mold and die industry, and mechanical components.
moves up to
l atest global investment r eport Taiwan moved up one spot to third among 50 major countries and territories surveyed in the latest Profit Opportunity Recommendation report by U.S.-based Business Environment Risk Intelligence SA. score, Taiwan finished 13th in political risks globally. According to BERI, the country’s political ratings are stable and economic conditions are expected to improve under President Tsai Ing-wen’s leadership. Concerning operations risk, Taiwan topped Asia and ranked sixth globally on par with Canada and trailing Switzerland, Germany, Australia, the Netherlands and U.S. in that order. The report described the local banking industry as stable and strong, citing its 44.3 percent surge in gross profits in 2017. BERI also projected Taiwan’s
Source: Taiwan Today
Finishing equal with Germany and Norway but behind Switzerland and Singapore in that order, Taiwan outpaced its Asian neighbors South Korea in seventh; Japan, 10th; and China, 15th. Taiwan’s combined score of 68 earned it a second-best investment rating of 1B, indicating that conditions merit sustained commitment of equity. This was the same for Singapore, Germany, Norway, the Netherlands and South Korea, with only Switzerland achieving the top 1A rating. Of the three rankings comprising the combined
real gross domestic product to increase by 2.7 percent this year on the strength of “healthy economic activity.” In terms of remittance and repatriation risks, Taiwan continued to top the world, with BERI tipping the nation to retain its leadership position in the following four years.
Taipei City is one of the jewels in Taiwan’s equity investment crown as assessed by U.S.-based Business Environment Risk Intelligence SA in its latest Profit Opportunity Recommendation report. (Courtesy of Hsinchu Science Park Administration)
R e v i t a l iz i n g Local companies tap abundant biotech expertise to create innovative, cost-effective skin care products.
Source: Taiwan Review
According to TIER, the value of Taiwan’s Beauty may only be skin deep, but a skin care market is estimated to reach growing number of men and women NT$57.4 billion (US$1.9 billion) in 2020, are willing to splurge on products like up from NT$50.9 billion (US$1.7 billion) in cleansers, moisturizers, scrubs and wrin2015. Products with kle creams. “Once natural, organic thought of as luxuand medical-grade ries, skin care items are now considingredients are projected to carve out ered necessities by a larger share as many consumers consumers move amid improving livaway from standard ing standards and cosmetics, Liu said, greater social emadding that local phasis on physical biotech companies appearance,” said Vicky Liu ,a projare focusing R&D State-owned Taiwan Sugar Corp. is a major player in the biotech sector owing to its ect manager at the extensive agricultural expertise and decades of experience in extraction and fermen- in these areas. tation processes. (Photo by Chen Mei-ling) “Firms are eyeBiotechnology Ining collagen, herbal and hyaluronic acdustry Study Center under Taipei Cityid-based goods,” she said. “Taiwan enbased think tank Taiwan Institute of Ecoterprises have a wealth of experience in nomic Research (TIER). “Rising demand developing active ingredients and botanfor anti-aging and other products is creical extracts, and such skills will serve ating massive business opportunities not them well in devising attractive offerings only for traditional cosmetic manufacturfor these blossoming market segments.” ers but also biotech companies.”
In-House Knowledge awareness and consumer engagement, Soaring demand has drawn some of TaiFBC has opened the doors of its producwan’s foremost enterprises to the skin tion facility in central Taiwan’s Changhua care sector over the past decades. Among County, offering a close-up look at its rethese industry entrants is Formosa Plastics search activities and manufacturing. VisiGroup, a conglomerate with businesses in tors can take skin and scalp tests and make fields spanning education, electronics, enfacial cleansers. Since its launch in midergy, health care and petrochemicals. In 2017, the FBC Health Center has attracted 2004, it established Taipei-headquartered more than 130,000 people. Formosa Biomedical TechnolFarm to Face ogy Corp. (FBC) Another local to explore varicorporate giant ous fields includcapturing a poring cosmetics and tion of the skin health supplecare market is ments. FBC’s two state-owned Taiskin care brands, wan Sugar Corp. FORTE and DF, (Taisugar). The target the highcompany was end and middle founded in 1946 tier markets and after the end of A dermatologist, left, teaches an FBC beauty consultant, center, about common skin condiare sold through Japanese colonial tions at Taipei Chang Gung Memorial Hospital. (Photo by Chen Mei-ling) local department rule (1895-1945) to stores and drugstore chains, respectively. operate sugar mills previously controlled FBC also utilizes expertise at affiliated by Japanese firms. Since the 1980s, it has hospitals, working with dermatologists expanded into a host of industries includat Taipei Chang Gung Memorial Hospiing horticulture, livestock production tal on selecting cosmetic components and and tourism. In 2004, Taisugar invested conducting clinical trials. In addition, the NT$1 billion (US$33.3 million) in establishing a biotech plant in southern Taicompany’s beauty consultants are required wan’s Chiayi County to produce dietary to complete a training program in the Desupplements and skin care products. The partment of Dermatology before working firm’s extensive connections and experwith customers. “Our products emphasize tise in Taiwan’s agricultural sector are quality and safety. similarly advantageous in terms of cultiThe biotech company has also teamed up vating ingredients. “In contrast to the vast with Chang Gung University’s Graduate majority of cosmetic companies, which Institute of Natural Products and Chang import raw materials, we strive to develop Gung University of Science and Technolour own from scratch so we can be sure of ogy’s Department of Cosmetic Science, their quality and safety. both located in northern Taiwan’s TaoyuTaisugar is also seeking to bolster its presan City, on studies of traditional Chinese ence in regional markets by exporting its herbal medicines as well as extraction products and serving as a raw materials methods for collagen, hyaluronic acid and supplier for cosmetic-makers. other natural substances. To boost brand 5
O ne - day T our
T aic hung C ity
1. Taichung Park
Taichung Park is the designated spot of tourists. You can row the boat in the lake and enjoy the beautiful surrounding. The blue sky, white clouds and clear water will surely make you enjoy your stay.
2. Nat ional Museum of Nat ural Science
As one of the most heavily attended museums in Taiwan, and one of the most attended venues in Taichung, the Museum is in the distinguished company of the National Palace Museum in Taipei and the National Science and Technology Museum in Kaohsiung.Â Across 22 exquisite acres, the Museum is a six-venue complex housing the Space IMAX Theater, Science Center, Life Science Hall, Human Cultures Hall (the original Chinese Science Hall), Global En-
vironment Hall and the Botanical Garden, excluding the Earthquake Museum in Wufong. Over 30 permanent exhibit areas cover subjects on astronomy, space science, paleontology, ecology, gems and minerals, Taiwanese Aborigines, and tropical plants. Rotating special exhibits are a constant occurrence. It is also a place filled with handson exhibits that will delight children and adults of all ages. The Museum is also a major science learning center with over a half million school children visiting annually.
Jingming 1st Street is the official pedestrian-only street in Taichung. Along the street are boutique shops, coffee shops, restaurants and galleries. There are outdoor concerts or exhibition on holidays. The street combines the functions of shopping, recreation and art. No vehicles are allowed to enter the street and coffee shops provide many outdoor seats. The street was elected the model street in 1995 and it has become a tourist attraction in Taichung. In the hectic daily life, Jingming 1st Street provides an artistic and recreation-
T he S cent
Wandering through the streets and alleys of the old Dadaocheng area in Taipei City, you will be presented with a rich mix of East and West, history and the future, tradition and modernity. At its heart is narrow Dihua Street, lined with beautifully restored shophouses occupied by long-established businesses and recently opened cultural-creative enterprises.
al space for city dwellers. Sit on an outdoor seat and enjoy a nice cup of coffee. The street presents an atmosphere just like the Champs Elysee in Paris. Jingming 1st Street is a 100-meter-long pedestrian full of shops and cafes, also known as the "Taichung Commercial Center Pedestrian Area." The street is known for its boutiques, tea and coffee shops, European-style restaurants, and art galleries Taichung residents can relax here over a cup of coffee at outdoor cafe tables. The street also hosts outdoor music and arts performances on weekends and holiday.
Source: Tourism Bureau
3. Jingming 1st Stree t
Taipei Cityâ€™s Dihua Street is the kind of place where it seems perfectly reasonable to come across an English-style teahouse that serves Taiwanese tea in a 100-year-old building that once housed Taiwanâ€™s first Western-style drugstore, named A.S. Watson and Co. With traditional shops selling dried goods and herbal medicines existing along7
ASW Tea House, Add: 2F, No. 34, Sec. 1, Dihua St., Datong Dist., Taipei City, Facebook Page
All About Tea Start the day with breakfast at the aforementioned teahouse, ASW Tea House, which preserves the original drugstore’s initials in its name. Back in 1917 Taiwan was ruled by the Japanese, who often utilized Baroque revival and other Western architectural elements in the design of buildings – reflected in this building’s Modernist gray exterior and wood-frame windows. It’s not completely foreign in look, however – Asian-style decorations
also adorn the façade. Dihua Street rose to prominence in the latter part of the 19th century as a major commercial throughway in the bustling Dadaocheng river-port community, where one of the major industries was tea exporting. Many businessmen made their fortunes here, including Lee Chun-chi, who opened the A.S. Watson & Co. drugstore as a franchise of the Hong Kong-based parent company. There was once a sizable Western population in Dadaocheng – historical sources show that there were five British trading firms here by 1872. The menu at ASW Tea House reflects this heritage with classic Western culinary items like scones, madeleines, and pate de fruit – but don’t expect to be washing these down with Earl Grey. Except for the Ceylon BOP, which is a mixture of Sri Lankan and Taiwanese leaf, every option on the menu is locally grown. And so are most of the ingredients used in the food – including the dried pineapple
Source: Tourism Bureau, Text: Han Cheung, Photos: Nick Chiu
side chic cafés and mini art galleries in well-preserved or reconstructed southern Fujian, Baroque revival, and early Modernist buildings, the atmospheric street’s many identities provide for a whole day of exploration (and shopping). Don’t underestimate it for being only about 800 meters long – the buildings are narrow yet deep, often with a courtyard toward their middle that divides them into two sections.
Sin Hong Choon, Add: No. 309, Minsheng W. Rd., Datong Dist., Taipei City
in the scones, the fruit juice in the pate de fruit, the black sesame in the madeleines. A couple of sandwich selections feature ingredients sourced directly from Dihua Street businesses, such as an apple, cheese, and olive oil creation featuring mullet roe from Li Ly Sun, a long-established seafood and dried-goods store just down the street. “Our ‘skin’ is Western, but our ‘bones’ are Taiwanese,” says teahouse co-owner Su Yi-han. “Our concept is aligned with the historical influences of this building and this area. This was a place where the East and the West combined.” Even though Dadaocheng’s glory days were very much rooted in tea, says Su, the culture of sitting down and enjoying a cup of tea has been lost to coffee, especially among young people. “Taiwanese loose-leaf tea can be steeped many times, it has a sweet aftertaste, and it is not bitter or astringent. But we packaged local teas in the manner of an En-
glish teahouse as a way to reach out to the younger crowd,” Su says. To learn more about Dadaocheng’s tea trade, walk from the teahouse to the Sin Hong Choon tea museum on Minsheng West Road, which is in a building that once housed the area’s largest tea-processing workshop. Built in 1934, the building features a mix of Taiwanese and Western design elements, with terrazzo stairs and red-brick walls highlighting a quaint interior that was featured in the 2016 Taiwanese TV period drama series La Grande Chaumière Violette, which told the story of the son of a wealthy tea merchant. The original owners, the Wang family, moved to Taiwan from mainland China in the 1910s. The building was their base for the export of tea to Southeast Asia. The museum provides a fascinating look into the tea trade of that time, and visitors get to see old tea-processing machines as well as the family’s living quarters.
Should you have any question, please contact us at firstname.lastname@example.org TAIPEI REPRESENTATIVE OFFICE, HUNGARY 1088 Budapest, Rákóczi Rd. 1-3./II. tro.hu, roc-taiwan.org/hu_hu
Smart Industry, Smart Machinery Hub,Revitalizing,Global Investment and the scent of tea and trade are all in TaiwanInfo!!