Business
2019.01.16 18:48 GMT+8

Trade across Taiwan Strait record high in 2018: spokesperson

CGTN

The trade volume between the Chinese mainland and Taiwan reached 226.2 billion U.S. dollars last year, a record high, a mainland spokesperson said Wednesday.

This was an increase of 13.2 percent year on year, said Ma Xiaoguang, spokesperson of the State Council Taiwan Affairs Office, at a regular news briefing held in Beijing.

Taiwan investors' investment on the mainland was also growing steadily. A total of 4,911 projects were approved over the past year, up 41.8 percent year on year, said Ma.

Ma said the mainland was ready to share its development opportunities with compatriots from Taiwan first.

Since the launch of the 31 measures of preferential policies for compatriots from Taiwan, more than 2,000 enterprises with investment from Taiwan have enjoyed preferential tax treatment in the mainland and more than 100 enterprises have secured special financial support under programs for industrial transformation and upgrading, green manufacturing and intelligent manufacturing.

While answering a question about the revised individual income tax law, Ma said compatriots from Taiwan working and doing business on the mainland had the same rights and obligations as their Hong Kong and Macao peers.

According to Ma, more than 800 residents of Taiwan have obtained professional qualifications in the mainland and over 100 won honorary titles of various types in the mainland last year.

More than 9 million people traveled across the Strait in the past year.

Ma added that the mainland had an open attitude toward and was willing to support exchanges among cities across the Taiwan Strait, as long as the participants maintained the right understanding of the nature of relations and city exchanges across the Strait.

Source(s): Xinhua News Agency
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