Taiwan authority's investigation of mainland investors will create an obstacle in cross-strait economic exchange and cooperation, and will be unacceptable, said Li Weiyi, spokesman with the Taiwan Affairs Office of the State Council in Beijing Thursday.

At a press conference held by the Office, Li said the close economic and trade ties across the Straits serve the fundamental interests and are the common aspiration of all. To further push forward economic and trade exchanges across the Straits has also been reiterated and clarified by the cross-straits economic circles.

The move by Taiwan authority ran opposite not only to the shared wish of cross-straits compatriots, but also to the trend and demand of economic development, Li said.

He underlined the mainland will as always provide necessary aid to the Taiwan compatriots who invest and open up businesses in the mainland, and safeguard their interests in accordance with laws.

In September, the Chinese mainland announced to offer a five-year loan of 30 billion yuan (around 3.6 billion US dollars) to Taiwan businessman who run businesses in the mainland. Li disclosed the Taiwan Affairs Office is now joining hands with the State Development Bank of China to work out a concrete implementation procedure of the loan.

All Taiwan businesses, no matter how large the company, can apply for the loan, Li added.

Source: Xinhua