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This article attempts to investigate the historical meanings of New Taiwanese Cinema. First, it plans to examine the emergence of the new cinema movement in Taiwan and factors related to its rise. Not only does the paper want to understand cinematic and other factors, but it also tries to inspect distinctive aspects of New Taiwanese Cinema, such as its stylistic and thematic characteristics, its contribution to the overall Taiwan film industry. Although new cinema was not a dominant mode in the whole production of Taiwan films, it cannot be denied that this cinema radically transformed the image of Taiwan cinema.