Overview of Taipei

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Overview of Taipei

Taipei, Taiwan’s political, economic, and cultural hub, is home to around 2.46 million people. Bordering New Taipei City and Keelung City, it forms the core of Northern Taiwan’s most vital metropolitan area. Thanks to its prime location, high quality of life, excellent public safety, and comprehensive infrastructure, spanning transportation, ICT, healthcare, and education, Taipei attracts multinational corporations, international financial institutions, and houses many foreign consulates and trade offices.

Situated at the heart of Asia-Pacific trade, the Taipei City Government has launched a “Smart City New Economy” initiative to facilitate a sustainable business environment. This strategy emphasizes digitalization, smartization, and greenization innovation, supported by three industry parks: the Nangang Software Park for IC design and digital content, the R&D-rich Neihu Technology Park, and the emerging Beitou-Shilin Technology Park. By integrating cutting-edge applications into urban management, marketing, tourism, transportation, healthcare, and education, Taipei has become a vibrant center of commerce and culture and consistently ranks highly in international city indexes.

With abundant capital, talent, and technology, Taipei’s industrial structure is formed by professional services and knowledge-based innovation. Priority sectors for investment include ICT, biotech, services, finance, cultural and creative industries, tourism, healthcare, international cuisine, green sustainability, and MICE (meetings, incentives, conferences, and exhibitions).

Over 3,650 foreign-invested enterprises are registered here, accounting for more than 70% of Taiwan’s total foreign investment. Leading R&D centers and headquarters cluster in Neihu and Nangang, making them national industry hubs. The city hosts multiple crucial academic institutions within Taiwan, including 23 universities and Academia Sinica, and over 80% of its workforce holds a tertiary degree, fueling ongoing innovation and entrepreneurial momentum.

Boasting a pleasant subtropical climate with an average annual temperature of 24 °C, Taipei offers both mountain and coastal scenery within an hour drive. Its rich history has fostered a multicultural, open-minded atmosphere. This combination of business opportunities, livability, educational resources, and career prospects has won acclaim from both locals and internationals alike.

Map of major cities near Taipei

Taipei characteristics

Taipei's Investment Environment

NatureGeographical LocationNorth Taiwan, 25°02′N 121°38′E
Surface Area271.8 square km
ClimateTropical, monsoon climate, average annual temperature 24 degrees Celsius
PeoplePopulation2.46 million
Population Density9,038 persons per square kilometer
Population Structure0-14 years of age 12.13%, 15-64 years of age 64.31%, 65 years of age and above 23.56%.
Average Greenness55.85 square meters/person
Education Level90% has completed compulsory education, 82.16% of the workforce has completed tertiary education
EconomyWorkforce1.22 million persons
Employment by SectorAgriculture/forestry/fisheries/livestock 0.26%, heavy industry 17.80%, service industry 81.86%
Unemployment Rate3.5%
Average Disposable Household IncomeNT$1,059,757
CPI (May 2025)110.02
Annual GDP(2024)NT$25,474,479 million
Top 5 IndustriesReal Estate Activities, Manufacturing, Financial and Insurance Activities, Public Administration and Defense, Human Health and Social Work Activities
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