Agriculture has served as a strong foundation for Taiwan's economic miracle. After retrocession from Japan in 1945, the government announced a long-term development strategy of "developing industry through agriculture, and developing agriculture through industry". Thus, agriculture became the foundation for Taiwan's economic development, while promoting growth in industry and commerce. In 1951, agricultural production accounted for 35.8% of its GDP. Today, agriculture only comprises about 2.6% of Taiwan's GDP or about US$1 billion. In 2002, farming accounted for 43.33% of the industry, with livestock (30.02%) and fishing (26.41%) making up a significant portion of the rest. Since its accession into the World Trade Organization and the subsequent trade liberalization, the government has implemented new policies to develop the sector into a more competitive and modernized green industry