page_title: Taichung
section_title: Economy
hierarchical_section_title: Taichung / Economy
caption_attribution_description: 中文（台灣）‎: 由臺中市臺中港路（臺灣大道四段）、安和路口天橋 往東看新市政專用區 圖左：十二期重劃區 圖中、右：新市政專用區 English: View of the New Civic Center Area, looking east from an overpass at the intersection of Taichung Port Road (Section 4, Taiwan Boulevard) and Anhe Road in Taichung City. left: 12th Redevelopment Zone central and right: New Civic Center Area
context_page_description: Taichung, officially Taichung City, is a special municipality located in central Taiwan. Taichung has a population of approximately 2.82 million people and is Taiwan's second most populous city, overtaking Kaohsiung in July 2017. It serves as the core of the Taichung–Changhua metropolitan area, which is the second largest metropolitan area in Taiwan. The current city was formed when Taichung County merged with the original provincial Taichung City to form the special municipality on 25 December 2010.
  Located in the Taichung Basin, the city was named under Japanese rule, and became a major economic and cultural hub. Originally composed of several scattered hamlets, the city of Taichung was planned and developed by the Japanese. It was called "the Kyoto of Formosa" in the Japanese era because of its calm and beauty. The city is home to the National Museum of Natural Science, the National Taiwan Museum of Fine Arts, the National Taichung Theater, the National Library of Public Information, and the National Taiwan Symphony Orchestra, as well as many cultural sites, including the historic Taichung Park, the Lin Family Gardens, and many temples.
context_section_description: Taichung is home to many industries. Taichung's Industrial Zone, located in Xitun District, is home to many factories, while nearby World Trade Center Taichung hosts many industrial conventions every year. Taichung is also home to the Central Taiwan Science Park, known for the many semiconductor factories located there, most notably TSMC. Taichung is also known for its bicycle manufacturing. Notable business located in Taichung include Giant Bicycles, SRAM, and TRP Brakes. Merida Bicycles is also located in nearby Dacun, Changhua.
  Taichung is most famous for its suncakes. Taichung's Chun Shui Tang teahouse (春水堂) is where bubble tea was invented.
  The recent surge in population resulted in the growth of the retail sector, with the opening of large department stores in Xitun District.
caption: Taichung's financial center, Situn District.
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