CHINA / Taiwan, HK, Macao
Cross-Strait trade up 22% in first 8 months
(Xinhua)
Updated: 2006-09-17 11:03
The two-way trade between the Chinese mainland and Taiwan reached 68.65
billion U.S. dollars in the first eight month of this year, up nearly 22
percent from a year earlier, statistics show.
More than 70,000 Taiwan-funded projects had been approved on the mainland
during the period, and the actual amount of investment reported over 43
billion U.S. dollars, said Tang Wei, an official with the Commerce
Ministry who is in charge of trade affairs between the mainland and
Taiwan, Hong Kong and Macao.
He made the remarks at an expo on economic and technological cooperation
across the Taiwan Strait, which opened on Saturday in Chengdu, capital of
southwestern Sichuan Province.
"The Chinese mainland has become the largest export market and the
largest source of favourable balance of trade for Taiwan," Ye Kedong,
deputy director of the Taiwan Affairs Office of the State Council, told
the expo.
By the end of last June, Taiwan enjoyed 363.4 billion U.S. dollars of
favourable balance of trade with the mainland.
The expo was attended by senior lawmaker He Luli and senior political
advisor Zhang Meiying from the mainland and Chiang Pin-kung,
vice-chairman of Chinese Kuomintang (KMT) party from Taiwan.
The three-day event also attracted about 120 businesses, including 70
from Taiwan.
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