Chinese mainland is Taiwan's biggest market
(Xinhua)
Updated: 2006-06-28 10:32
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 US$
537 billion, in which Taiwan's exports to the mainland exceeded US$ 414 billion.
Taiwan has launched 68,095 investment projects on the mainland during the
past 20 years, with a contract value of US$ 94 billion. 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.
|
