Taipei Basin
The recorded history of Taipei began with the Han Chinese settling of the Taipei Basin in 1709, leading up to the formation of the national capital of Taiwan and high-tech industry hub and that is now Taipei City. Other notable dates include the 1895 annexation of Taiwan by Japan, during which Taipei began to grow more rapidly, and in the 1950s, the USA's provision of financial assistance to the Republic of China government, after which the city continued on a path of fast structural and industrial growth.