Taiwan space push aims to leverage tech prowess for global market share

Taipei ranked 60th in Oxford Economics 2025 Global Cities Index - Focus Taiwan

New York, June 1 (CNA) Taipei has once again made it onto the top 100 list in the annual global cities index compiled by Oxford Economics, moving up five places from last year to be ranked the 60th best city in the world in 2025.

Taiwan space push aims to leverage tech prowess for global market share

President Ching-te Lai outlined Taiwan's space sector ambitions, positioning the island's information and communications technology expertise to capture opportunities in low-Earth orbit (LEO) satellites and ground equipment manufacturing. Taiwan's ground equipment output has reached NT$246.4 billion (approx. US$8.24 billion) with 18% annual growth, exceeding global market expansion rates.