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The city of Taipei is a modern metropolis on the northern tip of Taiwan. As the capital city, Taipei is a cultural and economic hub. It is Asia's 2nd richest city per capita. Residents of Taipei enjoy a high quality of life in a city that is growing more globally connected each year. As one of the world's leading cities in producing and researching electronics, many industry leaders in the tech world are based in Taipei and have given rise to its industrial prowess in the field of technology development.