1950-04-24 The Taiwan Provincial Government promulgates the Regulations Governing the Implementation of Self-government in Counties and Cities in Taiwan Province, paving the way for local self-governance in Taiwan.
1950-08-16 The Executive Yuan Council approves an administrative division plan to rezone Taiwan into five provincial municipalities and 16 counties (originally eight counties, nine provincial municipalities, and two county municipalities).
1950-11-22 The Executive Yuan Council approves the draft of the 37.5-Percent Arable Land Rent Reduction Act, which is later passed by the Legislative Yuan on May 30, 1951 and promulgated by the president on June 7, 1951.
1951-05-30 The Executive Yuan Council passes the Enforcement Regulations Governing Support for Peasant Proprietors through the Sale of Public Lands.
1951-09-25 The Executive Yuan announces the Articles of Organization of the Taiwan Temporary Provincial Council as well as the Taiwan Temporary Provincial Councilors Election and Recall Regulations.
1951-12-11 The Taiwan Provincial Assembly is established.
1952-04-28 The Treaty of Peace between the Republic of China and Japan is signed in Taipei. The treaty is then approved by the Executive Yuan on April 30, 1952, ratified by the Legislature on July 31, 1952, and promulgated by the president on August 2, 1952.
1952-11-12 The Executive Yuan Council passes the draft of the Land-to-the-Tiller Act, which is then approved by the Legislative Yuan on January 20, 1953 and promulgated by the president on January 26, 1953.
1954-05-19 The Executive Yuan Council passes the draft of the Equalization of Urban Land Rights Act, which is approved by the Legislative Yuan on August 15, 1954 and promulgated by the president on August 26, 1954. The act governs land value assessment, land value tax, and land value increment tax.
1958-11-20 The Executive Yuan announces reforms to the foreign exchange system, implementing a single exchange rate.
1959-08-07 Severe flooding strikes 13 counties and cities in central and southern Taiwan. In response, the Taiwan Provincial Government puts forward a post-disaster reconstruction plan, and the president issues an emergency decree modifying tax regulations and budgets for governments of all levels.
1959-10-29 The Executive Yuan Council approves the establishment of the Atomic Energy Council. On August 22, 1963, the Executive Yuan also approves Taiwan’s signing of the Limited Nuclear Test Ban Treaty.
1960-05-09 The Central Cross-island Highway (Provincial Highway No. 8) is opened to traffic.
1960-08-18 The Executive Yuan Council resolves to relocate the treasured collections brought from the mainland’s Palace Museum and National Central Museum from their temporary home in Taichung to Taipei.
1961-02-09 The Executive Yuan Council passes regulations and standards governing the organization of county and city governments in Taiwan Province.
1961-02-21 Twenty-one local city and county councils are established throughout Taiwan Province.
1961-07-01 The Central Bank resumes its operations.