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Taipei, May 16, 2008 (CENS)--The surviving rate of Taiwan`s enterprises reached 73.5% in 2006, the highest of its kind ever recorded, according to the latest survey done by the Cabinet-level Directorate General of Budget, Accounting and Statistics (DGBAS).
DGBAS has conducted once every five years a comprehensive survey on the survival of domestic enterprises. In 2001 Taiwan had a total of 930,000 domestic enterprises; and, of which, 680,000 enterprises remained operational in 2006, presenting a surviving rate of 73.5%. This meant there were a total of 250,000 enterprises closing their operations during the five years.
Nevertheless, the surviving rate was the highest ever recorded, much higher than the corresponding figures of 69.2% posted in 2001 and 68.8% in 1991. At the end of 2006, the number of registered domestic enterprises reached 1.1 million, for an increase of 170,000 enterprises from that of 2001.
In 2006 the surviving rate of domestic manufacturing companies was 82.8% and that of the enterprises in traditional industries was 83.5%, both higher than the average of 76.7% for high-tech enterprises. As for the enterprises in the service sector, the surviving rate was only 71.6%; and in which the non-knowledge-intensive ones presented even lower surviving rate of 69.5%.
However more than 110,000 enterprises in the knowledge-intensive service sector including those in finance, information technology, telecommunications, biotechnology, pharmaceuticals, and product brokerage all boasted high surviving arte of 90%.
(by Judy Li)
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