Cross-Strait trade up 22% in first 8 months
(Xinhua)
Updated: 2006-09-17 11:03 The two-way trade between the
Chinese mainland and Taiwan reached 68.65 billion U.S. dollars in the first
eight month of this year, up nearly 22 percent from a year earlier, statistics
show.
More than 70,000 Taiwan-funded projects had been approved on the mainland
during the period, and the actual amount of investment reported over 43 billion
U.S. dollars, said Tang Wei, an official with the Commerce Ministry who is in
charge of trade affairs between the mainland and Taiwan, Hong Kong and Macao.
He made the remarks at an expo on economic and technological cooperation
across the Taiwan Strait, which opened on Saturday in Chengdu, capital of
southwestern Sichuan Province.
"The Chinese mainland has become the largest export market and the largest
source of favourable balance of trade for Taiwan," Ye Kedong, deputy director of
the Taiwan Affairs Office of the State Council, told the expo.
By the end of last June, Taiwan enjoyed 363.4 billion U.S. dollars of
favourable balance of trade with the mainland.
The expo was attended by senior lawmaker He Luli and senior political advisor
Zhang Meiying from the mainland and Chiang Pin-kung, vice-chairman of Chinese
Kuomintang (KMT) party from Taiwan.
The three-day event also attracted about 120 businesses, including 70 from
Taiwan.
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