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Ministry of Economic Affairs (Taiwan)

Ministry of Economic Affairs
經濟部
Jīngjìbù
Republic of China National Emblem.svg
MOEA.JPG
Agency overview
Formed June 1931 (as National Economic Council)
December 1937 (as MOEA)
Jurisdiction  Republic of China
Headquarters Zhongzheng, Taipei
Ministers responsible
Parent agency Executive Yuan
Website www.moea.gov.tw

The Ministry of Economic Affairs of the Republic of China (MOEA; Chinese: 中華民國經濟部; pinyin: Zhōnghuá Mínguó Jīngjìbù) is the ministry of the Republic of China (Taiwan) responsible for formulating policy and laws for industry and trade, foreign direct investment, energy, minerals, measurement standards, intellectual property, state-owned enterprises in Taiwan. The ministry is a cabinet level government agency of the Executive Yuan.

The executive agency promotes industrial and economic policies which allows economic activity and growth, increased employment and investments in sector which are critical to Taiwan's economy. Taiwan's main exports are electronics, computers, telecommunications equipment, industrial design services and creative industries/culture.

MOEA was initially established in June 1931 as National Economic Council by the Executive Yuan. In December 1931, the council was merged with other organizations to create the Ministry of Basic Industries. In December 1937, the ministry was reorganized as the Ministry of Economic Affairs. The MOEA continued to function in Taiwan since 1949 after the Kuomintang was defeated on the mainland during the Chinese Civil War.


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