Shanghai Sees Growing Cross-Straights Exchange

Home>>Life

Last updated at: (Beijing Time) Wednesday, January 16, 2002

Shanghai Sees Growing Cross-Straights Exchange

Shanghai witnessed frequent exchange of people and growing trade and economic cooperation across the Taiwan Straits in 2001.

DISCUSSION

CHINESE

SEND TO FRIEND

Shanghai witnessed frequent exchange of people and growing trade and economic cooperation across the Taiwan Straits in 2001.

According to the Taiwan Affairs Office of the city government, Taiwanese arrivals amounted to 430,000 in the first 11 months of 2001, up 53 percent year on year, and 3,677 Shanghai residents went to Taiwan on business or personal purposes, the same as a year earlier.

Of the total, 6,000 people went across the Straits for more than 1,000 programs of cultural, scientific and academic exchanges, and the scope of exchanges was expanded to financial and journalistic fields.

Shanghai has so far approved 4,185 Taiwanese-funded projects with a total investment of 6.6 billion U.S. dollars. Some 352 of the projects were approved in the 11 months of 2001, involving 636 million U.S. dollars of contractual Taiwanese investment, up 65 percent and 270 percent, respectively, on a yearly basis.

It is estimated that there are 15,000 Taiwanese living in Shanghai as permanent residents, and about 150,000 Taiwanese stay in the city for a short period of time.

Questions?Comments? Click here

Shanghai Mayor Meets Taiwan Guests

Shanghai Hosts Cross-Straits Geography Conference