(2) Import substitution phase (1953-1961): In this phase Taiwan began to develop light industry providing products for daily use, aiming for economic self-sufficiency. The government imposed controls on foreign exchange and restricted imports.
二、進口替代時期（1953 ∼ 1961）：台灣開始發展民生用品輕工業，希望內需市場能自給自足，並限制外匯、約束進口。