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TAIPEI, Jan. 25 (Xinhua) -- Taiwan's economy expanded by 1.40 percent year on year in 2016, with an annual gross domestic product (GDP) of 15.86 trillion new Taiwan dollars (about 506 billion U.S. dollars), the island's statistics agency said Wednesday.
Its fourth quarter GDP increased by 2.58 percent year on year, the highest quarterly growth in 2016, according to the agency.
