At the invitation of Mike Chen, business statistics professor at the Rinker School of Business, Director General David K. C. Chien, the Taiwan diplomat newly stationed at the Taipei Economic & Cultural Office (TECO) in Miami and Claire Chen, senior consular officer, met with President William M. B. Fleming, Jr. on campus.
(Chen received his B.S. from Soochow University, Taipei, Taiwan. His research has been published in the Journal of Behavioral Decision Making, the Journal of Business and Psychology and the Journal of Business Ethics. He was a statistics and research consultant for financial companies such as Greenwich Associates and MetLife.)
The group discussed Taiwan's importance to the United States, due to shared democratic ideals and geopolitics. The island is in the southwest Pacific off the coast of China.
Taiwan's biggest industries are electronics and communications / information technology. Medical care and biotechnology are among the country's emerging industries. In 2010, 14 PBA Gregory School of Pharmacy students and three faculty members traveled to Taiwan to exchange scholars.
Chien announced at a global convention in Orlando, that Taiwan is now the 5th largest exporter of plastics machinery to the U.S., with annual sales to exceeding $64 million, Plastics Technology reported. In 2017, Taiwan generated more than $1.9 billion in revenue from the rubber and plastics industries globally, with that figure up 12.8% compared to 2016. Among the 80 exhibitors a the convention was a manufacturer that brought a 110-ten injection molding press. Chien spoke on “Taiwan Smart Machinery 4.0,” describing how machines use big data to monitor their own status.