Taiwan Businesses Check Investment Prospects in Three Gorges

Home>>Business

Last updated at: (Beijing Time) Tuesday, July 08, 2003

Taiwan Businesses Check Investment Prospects in Three Gorges

Over 60 business people from Taiwan island started a tour of investment prospects in southwest China's Chongqing Municipality and the Three Gorges reservoir area on Monday.

DISCUSSION

CHINESE

SEND TO FRIEND

Over 60 business people from Taiwan island started a tour of investment prospects in southwest China's Chongqing Municipality and the Three Gorges reservoir area on Monday.

The economic and trade exchanges between the two sides of the Taiwan Straits had become more frequent, said Li Bingcai, vice-director of the Taiwan Affairs Office of the State Council.

From January to May of this year, Taiwan enterprises launched atotal of 1,773 new projects on the mainland, with investment in real terms up 25.1 percent over the same period last year despite the SARS crisis.

The country's strategy of developing the vast western areas hadprovided sound cooperative opportunities for both sides, said Li, adding that more island businesses were encouraged to invest in mineral resources and hydropower development, tourism, traffic andenvironmental protection in the western regions.

Taiwan business people hoped the four-day tour would deepen their knowledge of west China, especially Chongqing and the Three Gorges area, and help increase cooperation.

As the only municipality in west China, Chongqing has established economic and trade relations with over 100 countries and regions. By May 2003, Chongqing had 703 Taiwan-funded enterprises, accounting for 20 percent of the city's total overseas businesses in fields such as food, rubber, real estate and telecommunications.

Questions?Comments? Click here

Taiwanese Businesses Expand Investment on Mainland

Taiwanese Businesses Press for Direct Links

Taiwan Investors Target Agricultural Development in Hainan

Tripod Set Up in Deng's Hometown to Commemorate Anniversary of His Birth ( 3 Messages)

Chinese Regard Haphazard Spitting as most Disgusting Habit ( 3 Messages)

Chinese Mainland, HK Vows to Forge Closer Economic Ties ( 3 Messages)

Hu Jintao Addresses Symposium on "Three Represents" ( 3 Messages)

BBC, Downing Street Dispute over Weapon Dossier ( 3 Messages)