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People's Daily Online>>China Business

Taiwanese oked to run private biz in nine provinces

By Pei Chuang, Liu Chang (Beijing Daily)

14:58, December 30, 2011

Edited and translated by People's Daily Online

Starting from Jan. 1 of 2012, compatriots from Taiwan will be able to apply for private business licenses and run private businesses in some provinces and municipalities, said the spokesman for the Taiwan Affairs Office of the State Council on Dec. 28 during a routine press conference.

The first batch of localities that will be open to Taiwanese private business are Beijing, Shanghai, Guangdong, Fujian, Jiangsu, Zhejiang, Hubei, Sichuan and Chongqing. The catering and retailing industries will be allowed in these localities.

It will offer an important opportunity for Taiwan compatriots who are welcome to apply for private business licenses on the mainland. Relevant departments will serve them sincerely and carefully, the spokesman said.

The Ministry of Commerce will publish the details of the registration method soon.

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