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More than 60 pct of Taiwan entrepreneurs to expand investment in Chinese mainland
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10:41, August 26, 2007

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More than 63 percent of Taiwan entrepreneurs want to scale up their investment in the Chinese mainland, a recent survey of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) showed.

Having inquired its member companies, the Taiwan's largest industry association found that the number of Taiwan business people who hope to return to Taiwan for business has been decreasing in recent years.

The proportion reduced to 1.83 percent this year from 1.97 percent in 2006 and 2.7 percent in 2005, showed the 2007 survey on environment and risk of investing in the Chinese mainland.

About 34 percent of the respondents said they would continue to invest in Taiwan, the survey said.

Also according to the survey, Suzhou in east China's Jiangsu Province was among the most recommended cities in terms of hi-tech, service and traditional industries. Shanghai, Beijing, Kunshan and Chengdu were also on the list.

The association, with its member companies contributing to about half of Taiwan's total industrial value, got about 2,500 questionnaires from industries including electronics, machinery, metal processing and plastic products. It has been conducting such surveys since 2000.

Source: Xinhua

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