Ministry of Economic Affairs of the Republic of China is responsible for formulating policy

Policy

A policy is typically described as a principle or rule to guide decisions and achieve rational outcome. The term is not normally used to denote what is actually done, this is normally referred to as either procedure or protocol...

 and laws for industry and trade, foreign direct investment

Foreign direct investment

Foreign direct investment or foreign investment refers to the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.. It is the sum of equity capital,other long-term capital, and short-term capital as shown in...

, energy, minerals, measurement standards, intellectual property

Intellectual property

Intellectual property is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law...

, state-owned enterprises throughout the Free Area of the Republic of China

Free Area of the Republic of China

The Free area of the Republic of China is a legal and political description referring to the territories under the control of the government of Republic of China , consisting of the island groups of Taiwan, Penghu, Kinmen, Matsu and some minor islands...

. The ministry is a cabinet level government agency of the Executive Yuan

Executive Yuan

The Executive Yuan is the executive branch of the government of the Republic of China , commonly known as "Taiwan".-Organization and structure:...

. The current minister is Yen-Shiang Shih.

The ministry is sometimes abbreviated or refer to MOEA. 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

Economy of Taiwan

Taiwan has a developed capitalist economy that ranks as the 19th largest in the world by Purchasing power parity and 24th in nominal GDP of investment and foreign trade by the Republic of China government which governs Taiwan. In keeping with this trend, most large government-owned banks and...

. Taiwan's main exports are electronics

Electronics

Electronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...

, computers, telecommunications equipment, industrial design

Industrial design

Industrial design is the use of a combination of applied art and applied science to improve the aesthetics, ergonomics, and usability of a product, but it may also be used to improve the product's marketability and production...

 services and Creative industries

Creative industries

The creative industries refers to a range of economic activities which are concerned with the generation or exploitation of knowledge and information...

/culture

Cultural industry

According to international organizations such as UNESCO and the General Agreement on Tariffs and Trade , cultural industries combine the creation, production, and distribution of goods and services that are cultural in nature and usually protected by intellectual property rights.-The concept:The...

.

Structure

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

Internal Structure

The internal structure of the MOEA:

• Mines Department
• Department of Commerce
• General Affairs Department
• International Cooperation Department
• Department of Investment Services
• Department of Industrial Technology
• Personnel Department
• Accounting Department
• Statistics Department
• Department of Government Ethics
• Committee of Economic Research and Development
• Committee of Laws and Regulations
• Petitions and Appeals Committee
• Secretariat
• Information Management Center
• Central Region Office
• 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
• Bureau of Foreign Trade
• Intellectual Property Office
• Bureau of Standards, Metrology and Inspection
• Bureau of Energy
• Bureau of Mines
• Small and Medium Business Administration
• Export Processing Zone Administration
• State-Owned Enterprises Commission
• Investment Commission
• International Trade Commission
• Water Resources Agency
• Central Geological Survey
• Professional Training Center

State Owned Enterprises

The Ministry of Economic Affairs have a number of state owned enterprises reporting to it. They are:

• Taiwan Sugar Corp.
• Taiwan Power Company.
• CPC Corporation,Taiwan
• CSBC Corporation,Taiwan
• Aerospace Industrial Development Corp.
• Taiwan Water Corporation

List of Ministers

• 1928: H. H. Kung
  H. H. Kung
  K'ung Hsiang-hsi , often known as Dr. H. H. Kung, was a wealthy Chinese banker and politician in the early 20th century. He was highly influential in determining the economic policies of the KMT government in the 1930s and 1940s...
  
   (孔祥熙) [Kong Xiangxi]
• 1931: Chen Kung-po (陳公博) [Chen Gongbo]
• 1935: Wu T’ing-chang (吳鼎昌) [Wu Dingchang]
• 1937: Ch’eng T’ien-ku (程天固) [Cheng Tiangu]
• 1938: Wang Wen-ho (翁文灝) [Weng Wenhao]
• 1946: Wang Yün-wu (王雲五) [Wang Yunwu]
• 1948: Chen Chi-tien (陳啟天) [Chen Qitian]
• 1948-1949:Liu Wei-chi (劉維熾)
• 1949: Sun Yue-chi (孫越琦) [Sun Yueqi]
• 1949-1950: Liu Hang-chen (劉航琛) [Liu Hangchen]
• 1950: Yen Chia-kan
  Yen Chia-kan
  Yen Chia-kan , or Yen Chia-jin , better known as C. K. Yen, succeeded Chiang Kai-shek as President of the Republic of China upon Chiang's death on April 5, 1975. He served out the remainder of Chiang's term until May 20, 1978.-Biography:C. K...
  
   (嚴家淦) [Yan Jiagan]
• 1950-1952: Cheng Tao-ju (鄭道儒) [Zheng Daoru]
• 1952-1954: T. K. Chang (張茲闓) [Zhang Zikai]
• 1954-1955: Yin Chung-jung (尹仲容) [Yin Zhongrong]
• 1955-1958: Kiang Piao (江杓) [Jiang Biao]
• 1958-1965: Yang Gi-tzeng (楊繼曾) [Yang Jizeng]
• 1965-1969: Li Kwoh-ting (李國鼎) [Li Guoding]
• 1969†: Tao Sheng-yang (陶聲洋) [Tao Shengyang]
• 1969-1978: Sun Yun-suan
  Sun Yun-suan
  Sun Yun-suan was a Chinese engineer and politician. As minister of economic affairs from 1969 to 1978 and Premier of the Republic of China from 1978 to 1984, he was credited for overseeing the transformation of Taiwan from being a mainly agricultural economy to an export powerhouse.-Early life...
  
   (孫運璿) [Sun Yunxuan]
• 1978-1981: Chang Kwang-shih (張光世) [Zhang Guangshi]
• 1981-1984: Chao Yao-tung
  Chao Yao-dong
  Chao Yao-dong was a Taiwanese politician, economist and former Minister of Economic Affairs .Chao Yao-dong died of multiple organ dysfunction syndrome on August 20, 2008, at the age of 92.- References :*...
  
   (趙耀東) [Zhao Yaodong]
• 1984-1985: Hsu Li-teh (徐立德) [Xu Lide]
• 1985: Li Mo
  Li Mo
  Li Mo is a female Chinese swimmer, who competed for Team China at the 2008 Summer Olympics.-Major achievements:*2002 Asian Games - 1st 50 m/100 m free*2002 Asian Games - 1st 50 m back...
  
   (李模)
• 1985-1988: Lee Ta-hai
  Lee Ta-hai
  Lee Ta-Hai was a politician and businessman in the Republic of China on Taiwan. A former executive of the Chinese Petroleum Corporation, Lee was Minister of Economic Affairs under President Chiang Ching-kuo and continued to advise the Republic of China government under Chiang's successor, Lee...
  
   (李達海) [Li Dahai]
• 1988-1990: Chen Li-an
  Chen Li-an
  Chen Li-an , sometimes spelled Chen Lu-an, is an electrical engineer, mathematician and former Taiwanese politician.-Biography:Son of former Vice President Chen Tsyr-shiou and earned his masters' and Ph.D. in mathematics from New York University. He had a close friendship with Wang Yung-ching, a...
  
   (陳履安) [Chen Lü’an]
• 1990-1993: Vincent Siew
  Vincent Siew
  Vincent C. Siew Wan-chang is the incumbent Vice President of the Republic of China. He was the first Taiwanese-born Premier of the Republic of China and former vice-chairman of the Kuomintang .-Biography:...
  
   (蕭萬長) [Xiao Wanchang]
• 1993-1996: Chiang Pin-kun (江丙坤) [Jiang Bingkun]
• 1996-2000: Wang Chih-kang (王志剛) [Wang Zhigang]
• 2000-2002: Lin Hsin-yi (林信義) [Lin Xinyi]
• 2002: Christine Tsung (宗才怡) [Zong Caiyi]
• 2002-2004: Lin Yi-fu (林義夫)
• 2004-2006: Ho Mei-yueh (何美玥) [He Meiyue]
• 2006: Huang Ing-san (黃營杉) [Huang Yingshan]
• 2006-2008: Steve Chen (陳瑞隆) [Chen Ruilong]
• 2008-2009: Yin Chi-ming (尹啟銘) [Yin Qiming]
• 2009-: Shih Yen-shiang (施顏祥[Shi Yanxiang]

† Died in office.

External links

• Ministry of Economic Affairs, R.O.C.