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Highlights the measures unveiled by Taiwan government to rejuvenate the economy.

Reports on the application of Taiwan to the World Trade Organization. Expected completion of Taiwan's bid; Plan of Beijing if Taiwan will be admitted first; Why Beijing should be admitted first.

Describes how Taiwan has embarked on a bold program to lift itself into the ranks of developed nations, by using $72 billion in official foreign currency reserves to modernize skylines and cracking sewers. The six-year construction program; Projects announced by Prime Minister Hau Pei-tsun; Spending estimates.

Examines why Taiwan was able to weather the financial crises in Asia better than most other countries in the region. Factors which helped Taiwan; The benefits that Taiwan has reaped by upgrading its economy; The stability of Taiwan's economic policies; Efforts in Taiwan to spread their economic stability throughout the region.

Reports about Taiwan government's liberalization of investment policies to attract investors fleeing for the fear of a probable Chinese invasion. Details of the above-mentioned measures and their possible effects; A look into the Taiwanese stock market.