A. Employment Structure
A still-high 56.7% of the population was employed in the agricultural sector at the beginning of the fifties; in addition, 27.0% was employed in the service sector and 16.3% in industry. By 1960, the proportion employed in agriculture had dropped to 50.2%, whereas those employed in the industrial and service sectors had risen to 20.5% and 29.3% of the population respectively.
B. Major Industries and Products; Key Technologies
1. Agriculture
---Agricultural resources are developed, labor-intensive management and technology adopted, and output per unit area raised.
---Cash crops such as tomatoes and asparagus are adopted.
---The cultivation of bananas and pineapples is promoted.
2. Industry
---Import-substitution and consumer goods industries are developed (labor-intensive light industries); these include textiles, foodstuffs, plywood, cement, plate glass, MSG, chemicals, and electrical apparatus.
---Industrial output increased by an average of 11.7% annually throughout the fifties.
3. Primary export products
---Canned pineapple
C. Power Generation
---While hydropower played a major role in the early fifties, by the middle of the decade hydropower played a secondary role to thermal-generated power.
---A power transmission system linking the eastern and western parts of Taiwan was completed in 1953.
D. Major Transportation Projects
---Diesel express locomotives began running on Taiwan's railways.
---The Hsiluo High Bridge and the Taipei Chunghsing Bridge were completed in 1953.
---The Central Cross-Island Highway was completed and opened to traffic; the Highway Bureau begins regular bus service on this route.
---Development of the Keelung harbor outer harbor is completed.
---The Taiwan Navigation Corp. institutes regular ship service to Penghu along the Kaohsiung-Makung route.
---Regular "Chinma" bus service begins on the north-south highway.
---Civil aviation on the island of Taiwan formally begins in 1951.