Taiwan Investment Heating up Continuously in the Mainland

00-01-01 00:00　source: Source::People's Daily

　　According to Taiwan press sources, despite the fact that Chen Shuibian has announced on several occasions to introduce a tightening policy into the cross-strait trade and economic cooperation since the beginning of this year, the enthusiasm of Taiwan investors about coming to the mainland has nonetheless remained unscathed. Latest statistics from Taiwan’s Investment Review Board within its economic ministry indicate in the first half of this year, Taiwan manufacturers have registered a 3.55-billion-USD investment in the mainland, a record-high YoY increase of 35.21%.

The sources also suggest 83 mainland-bound investment applications were approved in June, with an approved value of 680 million USD. The accumulative total of investment applications in the first six months was 519, with a value of 3.55 billion USD, a YoY increase of 35.21% over the same period last year. It is expected the amount of Taiwan investment in the mainland for 2006 will beat the 6.94-billion-USD record for 2004.