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In the past two years, the ROC central government reduced expenditures
by an average of US$1.4 billion annually, while revenues averaged a surplus
of US$1.58 billion a year. Government bond issuances were also reduced by
US$5.9 billion.
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Currently, there are 350 listed companies and 45 over-the-counter
companies in Taiwan. Some US$6.04 billion in foreign capital has been
injected into local markets.
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Efforts to develop the ROC into a regional financial center are
intensifying.
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