Over 500 Chinese entrepreneurs head off to Taiwan

08:38, November 30, 2010      

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Two delegations of mainland entrepreneurs will visit Taiwan this week, resuming exchanges halted in the tense run-up to the island's mayoral polls, local media reported Sunday.

Taiwan's Kuomintang party won key local elections on Saturday seen as a signal from voters that they want the administration to continue its rapprochement with the mainland.

The first delegation of more than 500 entrepreneurs was due to arrive Sunday and attend a petrochemical seminar in Taipei the following day, the Economic Daily News reported.

A second group of more than 100 entrepreneurs will attend a seminar in the capital on Tuesday, it said.

The majority of business delegations from the mainland delayed their Taiwan visits a month ahead of the poll amid accusations by Taiwan's Democratic Progressive Party of political interference from Beijing, according to local media.

Trade ties have improved markedly since 2008 as more Chinesetourists were allowed to visit the island. Taiwan and the mainland also forged the historic Economic Cooperation Framework Agreement (ECFA) in June in a significant step towards normalizing cross-strait economic ties.

Source: Global Times/Agencies


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