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Zhongshan District, Taipei

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Economy

In the 1970s, the district was recognized as the center of the city's tourist industry, with large hotels and international restaurants. The interest from tourists allowed the district to develop as a center of international business.

In recent decades, the district's economy and its population have both contracted, due in part to the decentralisation of industrial and manufacturing activities. Parts of Taipei's "financial core" (that once centred on the Zhongshan District) have been moved to other districts.

Between 1991 and 1996, the district lost 2,600 jobs while the rest of Taipei experienced increased jobs growth (120,000 jobs in the same period). Between 1991 and 1999, the district's population decreased by more than 21,000, accounting for 27.6% of Taipei's total population decrease during that period. According to some economists, the decrease in population and jobs allowed an informal sex industry to thrive in the district leading to an increased crime rate.

Tatung Company, PXmart, and Uni Air have their headquarters in the district.

The Taiwanese subsidiary of American Megatrends, AMI Taiwan (美商安邁科技股份有限公司台灣分公司), is headquartered in Zhongshan District.

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