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The Ministry of Economic Affairs (MOEA; ) is the ministry of the Republic of China (
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the no ...
) responsible for formulating
policy Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an orga ...
and
laws Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been vari ...
for industry and trade,
foreign direct investment A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct c ...
, energy, minerals, measurement standards,
intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, co ...
,
state-owned enterprise A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the governmen ...
s. The ministry is a cabinet level government agency of the
Executive Yuan The Executive Yuan () is the executive branch of the government of the Republic of China (Taiwan). Its leader is the Premier, who is appointed by the President of the Republic of China, and requires confirmation by the Legislative Yuan. ...
. The executive agency promotes industrial and economic policies which allows economic activity and growth, increased employment and investments in sector which are critical to
Taiwan's economy The economy of Taiwan is a highly developed market economy. It is the 8th largest in Asia and 18th-largest in the world by purchasing power parity, allowing Taiwan to be included in the advanced economies group by the International Monetary ...
. Taiwan's main exports are
electronics The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification ...
,
computers A computer is a machine that can be programmed to carry out sequences of arithmetic or logical operations (computation) automatically. Modern digital electronic computers can perform generic sets of operations known as programs. These prog ...
,
telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that ...
equipment,
industrial design Industrial design is a process of design applied to physical products that are to be manufactured by mass production. It is the creative act of determining and defining a product's form and features, which takes place in advance of the manufactu ...
services and creative industries/
culture Culture () is an umbrella term which encompasses the social behavior, institutions, and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities, and habits of the individuals in these groups ...
.


History

MOEA was initially established in June 1931 as National Economic Council by the
Executive Yuan The Executive Yuan () is the executive branch of the government of the Republic of China (Taiwan). Its leader is the Premier, who is appointed by the President of the Republic of China, and requires confirmation by the Legislative Yuan. ...
. In December 1931, the council was merged with other organizations to create the Ministry of Basic Industries. In December 1937, the ministry was reorganized as the Ministry of Economic Affairs. The MOEA continued to function in Taiwan since 1949 after the
Kuomintang The Kuomintang (KMT), also referred to as the Guomindang (GMD), the Nationalist Party of China (NPC) or the Chinese Nationalist Party (CNP), is a major political party in the Republic of China, initially on the Chinese mainland and in Ta ...
was defeated on the mainland during the
Chinese Civil War The Chinese Civil War was fought between the Kuomintang-led government of the Republic of China and forces of the Chinese Communist Party, continuing intermittently since 1 August 1927 until 7 December 1949 with a Communist victory on main ...
.


Structure

The Ministry of Economic Affairs is very important in the management of Taiwan's economy. It manages a number of statutory bodies and state owned enterprises.


Staff units

The internal structure of the MOEA: *Department of Mines *Department of Commerce *Department of International Cooperation *Department of Investment Services *Department of Industrial Technology *Department of Statistics *Central Region Office *Southern Taiwan Joint Services Center *Office of Trade Negotiations


Administrative agencies

The Ministry of Economic Affairs is responsible for the entire Taiwanese economy. It has a number of statutory administrative agencies reporting under it. They are: * Industrial Development Bureau ** Central Region Branch ** Southern Region Branch * Bureau of Foreign Trade * Intellectual Property Office *
Bureau of Standards, Metrology and Inspection The Bureau of Standards, Metrology and Inspection (BSMI; ) is the administrative agency of the Ministry of Economic Affairs (Taiwan), Ministry of Economic Affairs responsible for standardization, metrology and product inspection in Taiwan. Bran ...
** Keelung Branch ** Hsinchu Branch ** Taichung Branch ** Tainan Branch ** Kaohsiung Branch ** Hualien Branch *
Bureau of Energy The Bureau of Energy, Ministry of Economic Affairs (BOE; ) is the administrative agency of the Ministry of Economic Affairs of the Republic of China (Taiwan) responsible for energy-related affairs. History The BOE was originally established as ...
*
Water Resources Agency The Water Resources Agency (WRA; ) is the administrative agency of the Ministry of Economic Affairs of the Taiwan (ROC) responsible for water-related affairs. History The creation of Water Resources Agency dated back in 1946 under the Ministry ...
* Small and Medium Enterprise Administration * Export Processing Zone Administration ** Kaohsiung Export Processing Zone ** Taichung Export Processing Zone ** Chungkang Export Processing Zone ** Pingtung Export Processing Zone * Central Geological Survey * State-owned Enterprises Commission * Investment Commission *
International Trade Commission The United States International Trade Commission (USITC or I.T.C.) is an agency of the United States federal government that advises the legislative and executive branches on matters of trade. It is an independent, bipartisan entity that anal ...
* Bureau of Mines


National corporations

The Ministry of Economic Affairs have a number of state owned enterprises reporting to it. They are: *
Taiwan Sugar Corporation Taiwan Sugar Corporation (TSC; ; pinyin: ''Táiwān Tángyè Gōngsī'') or Taisugar (; pinyin: ''Táitáng'') is a state-run enterprise of Taiwan, with headquarters in Tainan City. History The corporation was established on 1 May 1946 by the ...
*
Taiwan Power Company The Taiwan Power Company (, Taipower; ) is a state-owned electric power industry providing electricity to Taiwan and off-shore islands of the Republic of China. History Taipower was established on 1 May 1946. Its origins can be traced to 19 ...
*
CPC Corporation CPC Corporation () is a state-owned petroleum, natural gas, and gasoline company in Taiwan and is the core of the Taiwanese petrochemicals industry. History Early history CPC was founded on 1 June 1946 in Shanghai as Chinese Petroleum Corp ...
*
Taiwan Water Corporation The Taiwan Water Corporation (TWC; ) is a state-owned water utility providing water supply to most of Taiwan and offshore islands. The company is headquartered in North District, Taichung. History On 16 December 1972, President Chiang Ching-k ...


Overseas offices


List of ministers


Pre-1947 Constitution

*1928:
H. H. Kung Kung Hsiang-hsi (; 11 September 1881 – 16 August 1967), often known as Dr. H. H. Kung, was a Chinese banker and politician in the early 20th century. He married Soong Ai-ling, the eldest of the three Soong sisters; the other two married Preside ...
*1931: Chen Kung-po (陳公博) hen Gongbo*1935: Wu T’ing-chang (吳鼎昌) u Dingchang*1937: Ch’eng T’ien-ku (程天固) heng Tiangu*1938: Wang Wen-ho (翁文灝) eng Wenhao*1946:
Wang Yun-wu Wang Yun-wu (; ; July 9, 1888 – August 14, 1979)http://m.blog.sina.com.tw/87951/article.php?pbgid=87951&entryid=644078 was an influential Chinese publisher, politician scholar of history and political science; He also invented the ''Shih Chi ...


Post-1947 Constitution

Political Party: † Died in office.


Access

The MOEA building is accessible by walking distance West of
Guting Station Guting (, formerly transliterated as Kuting Station until 2003) is a metro station in Taipei, Taiwan served by Taipei Metro. The defunct Hsintien line also had a station of the same name. However, its location is not the same as the current statio ...
of the
Taipei Metro Taipei Mass Rapid Transit (MRT), branded as Metro Taipei, is a rapid transit system serving the areas of Taipei and New Taipei in Taiwan, operated by the government-owned Taipei Rapid Transit Corporation, which also operates the Maokong Gondo ...
on the Orange Line.


See also

*
Executive Yuan The Executive Yuan () is the executive branch of the government of the Republic of China (Taiwan). Its leader is the Premier, who is appointed by the President of the Republic of China, and requires confirmation by the Legislative Yuan. ...
*
Economic history of China (1912–49) The economic history of China is covered in the following articles: * Economic history of China before 1912, the economic history of China during the ancient China and imperial China, before the establishment of the Republic of China in 1912. ** E ...
* Economy of Taiwan


References


External links

*
Industrial Professional Assessment System
{{authority control
Economic Affairs An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with th ...
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the no ...
1931 establishments in China Republic of China, Economic Affairs Finance in Taiwan