BUSINESS China announces measures to boost ties with Taiwan region

BUSINESS

China announces measures to boost ties with Taiwan region

CGTN

16:01, November 04, 2019

China's State Council Taiwan Affairs Office and the National Development and Reform Commission on Monday unveiled measures to further promote economic and cultural exchanges and cooperation across the Taiwan Strait.

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File photo: VCG

Known as the "26 measures," they are effective from the day of their promulgation, according to an official statement.

Thirteen of the 26 measures are about equal treatment for enterprises from Taiwan, including investing in or participating in projects of major technological equipment, 5G, circular economy, civil aviation, theme parks and new types of financial institutions.

The equal treatment also applies to policies of financing, trade remedy, export credit insurance, import and export facilitation and standard formulation.

Other measures concern the same treatment for providing further facilitation and support in areas of consular protection, agricultural cooperation, transportation, telecommunications charges, qualifications for house purchase, culture and sports, professional title evaluation, and admissions and examinations, the statement said.

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