Taiwan aims for 5 percent annual growth through 2015

Taiwan aims to achieve annual economic growth of 5 percent through 2015 as part of its goal to develop the trade-driven economy, Premier Su Tseng-chang said.
The government also set a target to raise GDP per capita to US $32,000 in 2015, Su said in a statement posted on the cabinet's Web site (www.ey.gov.tw) on Saturday and seen by Reuters on Sunday.
GDP per capita was about US $15,300 in 2005, according to a Reuters calculation based on data from the statistics agency.
Su also the cabinet would review the economic targets every three years from 2007.
The cabinet sets economic targets for Taiwan that are usually higher than estimates made by the statistics agency, which puts out quarterly reports on the island's gross domestic product.
In May, the statistics agency forecast that Taiwan, home to the top two global contract chip manufacturers and maker of about three quarters of the world's laptops, would grow 4.31 percent in 2006, up slightly from 4.09 percent in 2005.