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Over 75,000 Taiwan-funded enterprises set up in mainland
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16:10, April 10, 2008

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By the end of February this year, the number of Taiwan-funded enterprises that set up in China's mainland had exceeded 75,000; and 46.1 billion U.S. dollars has been invested into the mainland, said Li Shuilin, Chairman of the Association of Economy and Trade Across Taiwan Straits (AETATS) on April 8 in Xiamen.

In the 20 years since Taiwan initiated investment in the mainland, the scale of cross-strait economy and trade exchanges has grown from small to large, rapid growth; and formed a cross-strait economy and trade exchanges development pattern that takes Taiwan investment as the main line, trade driven by investment, and investment promoted by trade. Taiwan-funded enterprises have become important for cross-strait economic exchange ties, Li Shuilin said.

According to statistics, in 2007, Taiwan was the mainland's seventh largest trade partner, ninth largest export market and fifth largest source of imports. The mainland has continued to be Taiwan's largest trade partner, export market and source of trade surplus.

By People's Daily Online



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