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Monday, February 05, 2001, updated at 09:32(GMT+8) | |||||||||||||
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Taiwan Investment Makes City World Electronic BaseConcentration of Taiwan capital in this scenic city of Suzhou, in the eastern province of Jiangsu, has made the city a key electronic products manufacturing base.Increasing Taiwan investment promotes economies of scale and competitive edge of Suzhou, which set up a new economic zone to attract investment. The city has turned out major proportion of a host of electronic products. Its mouse production makes up 65 percent of the world market, mini computer camera 30 percent, scanner 13 percent and 10 percent for mainboard, keyboard and resistance, statistics show. An overwhelming of 85 percent of Taiwan investment goes into new and high-tech projects, chiefly in information technology and computers. The world's largest Chinese-sponsored computer firm and the world's third largest resistance producer set their foot in the new zone, with both pouring a capital of about 100 million US dollars. To date, the new zone has accommodated 100 Taiwan firms with a total investment of over 1.2 billion US dollars, according to the statistics.
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