Chinese mainland is Taiwan's biggest market
(Xinhua)
Updated: 2006-06-28 16:32 The Chinese mainland has
become Taiwan's largest market, said authorities with the Office of Taiwan
Affairs under the State Council on Tuesday.
By 2005, total trade value between the mainland and Taiwan had reached 537
billion U.S. dollars, in which Taiwan's exports to the mainland exceeded 414
billion U.S. dollars.
Taiwan has launched 68,095 investment projects on the mainland during the
past 20 years, with a contract value of 94 billion U.S. dollars. Most of the
projects are in east China and the coastal areas in south China like the Pearl
River delta. The fields of investment are expanding from information
manufacturing to service sectors like financing and shipping.
At a forum on industrial development between both sides of the Taiwan
Straits, which opened in Nanning, capital of the Guangxi Zhuang Autonomous
Region, on Tuesday, over 200 participants from both Taiwan and the mainland
called for more cooperation between the two sides.
"Trade between both sides has reached such a large scale that high-level
cooperation is needed," said Zhou Huaizhi, vice director of the Taiwan Research
Office under the Chinese Academy of Social Sciences.
|
