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INTRODUCTION • Taiwan and Los Angeles County The economy of Los Angeles County is very diverse. Among its many strengths are its post-secondary educational institutions, openness to new ideas, and technological innovation. Billed as the “Creative Capital” of the world, Los Angeles is the center of motion picture and video production in the United States. Video game developers also have a strong and growing presence in the greater Los Angeles region. Los Angeles County has been a leader in advancing green technologies as well, ranking first in the nation in new energy patents. As the foremost market for alternative fuel vehicles, energy efficiency and clean air initiatives, Los Angeles County offers abundant opportunities for “green” growth such as electric vehicles and solar energy. Los Angeles County has also set the standard for green port operations and is a leader in “intelligent highways” technology. Los Angeles County is also a manufacturing center. It has the largest number of manufacturing business establishments and the highest manufacturing employment in the nation. Additionally, globalization and geography have combined to make Los Angeles the international trade capital of the U.S. The Ports of Los Angeles and Long Beach make up the largest port complex in the nation and the Western Hemisphere in terms of both cargo tonnage and containers handled. The twin ports rank ninth among the world’s largest ports by number of containers handled. Los Angeles International Airport is the largest origin and destination (non-connecting flights) airport in the world, and the sixth busiest in terms of passengers. L.A. County Growth Projections Population 11.5 million by 2025 California was home to 143 venture capital investment deals and received over $2.2 billion in clean technologies investment in 2012 (latest data). California led the nation in green investment in 2012 as it has for many years. This trend is expected to continue in the coming years. Los Angeles County has 120 institutions of higher learning including world class research universities such as Caltech, the University of Southern California (USC) and the University of California Los Angeles (UCLA), five campuses of the California State University system, numerous private colleges and many community colleges. Feeding innovative ideas and talent into the business community, these institutions have enabled Los Angeles County to become a leader in technology innovation and bio-medical research. These world renowned schools turn out a continuous flow of creative talent to fuel the Los Angeles County’s dynamic workforce. Los Angeles also has a robust support infrastructure for entrepreneurs, including respected entrepreneurial training programs at USC and UCLA. $$$ Nonfarm employment 4.4 million in 2025 Per capita income $75,000 in 2025 Gross product nearly $1 trillion in 2025 Los Angeles is increasingly being recognized as the “Capital of the Pacific Rim”. It has a larger consular corps (99 nations are represented) than any other U.S. city outside of Washington D.C. and New York. In addition, more than 220 languages and cultures are represented across the county. There are more Taiwanese-Americans in LA County than in any other county in the US (45,800). Because of its personal, cultural, and business ties, no other area of the U.S. has a stronger relationship with Taiwan. 6 LOS ANGELES COUNTY ECONOMIC DEVELOPMENT CORPORATION
INTRODUCTION • Taiwan and Los Angeles County Taiwan Source: U.S. State Department LOS ANGELES COUNTY ECONOMIC DEVELOPMENT CORPORATION 7
Page 1: Taiwan and Los Angeles County Taipe
Page 4 and 5: GROWING TOGETHER • Taiwan and Los
Page 16 and 17: INTRODUCTION • Taiwan and Los Ang
Page 20 and 21: SECTION TWO • The Taiwanese Econo
Page 22 and 23: SECTION TWO • The Taiwanese Econo
Page 24 and 25: SECTION THREE • Trade Ties U.S.-T
Page 26 and 27: SECTION THREE • Trade Ties Los An
Page 28 and 29: SECTION THREE • Trade Ties The Lo
Page 30 and 31: SECTION THREE • Trade Ties Port o
Page 32 and 33: SECTION THREE • Trade Ties Port o
Page 34 and 35: SECTION THREE • Trade Ties LAX an
Page 36 and 37: SECTION THREE • Trade Ties Summar
Page 38 and 39: SECTION THREE • Trade Ties Profil
Page 40 and 41: SECTION THREE • Trade Ties The Tr
Page 42 and 43: SECTION FOUR • Investment Ties sa
Page 44 and 45: SECTION FOUR • Investment Ties ma
Page 46 and 47: SECTION FOUR • Investment Ties Ke
Page 48 and 49: SECTION FOUR • Investment Ties Pr
Page 50 and 51: SECTION FOUR • Investment Ties At
Page 52 and 53: SECTION FOUR • Investment Ties FD
Page 54 and 55: SECTION FOUR • Investment Ties So
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SECTION FIVE • Business Ties This
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SECTION FIVE • Business Ties Los
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SECTION FIVE • Business Ties Well
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SECTION FIVE • Business Ties spec
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SECTION FIVE • Business Ties The
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SECTION FIVE • Business Ties Nade
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SECTION FIVE • Business Ties Medi
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SECTION FIVE • Business Ties The
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SECTION FIVE • Business Ties In L
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SECTION FIVE • Business Ties Firs
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GROWING TOGETHER • Taiwan and Los
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SECTION SIX • Personal Ties Assoc
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SECTION SIX • Personal Ties Spotl
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SECTION SIX • Personal Ties Taiwa
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SECTION SIX • Personal Ties The m
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SECTION SIX • Personal Ties The C
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GROWING TOGETHER • Taiwan and Los
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SECTION SEVEN • The Future of the
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SECTION SEVEN • The Future of the
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SECTION EIGHT • Conclusions and R
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SOURCES • Taiwan and Los Angeles
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SOURCES • Taiwan and Los Angeles
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