Mainland's new measures to open up financial sector to benefit Taiwan institutions: spokesperson
Xinhua
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BEIJING, Oct. 30 (Xinhua) - The Chinese mainland's new measures to further open up its financial sector will offer Taiwan-invested financial institutions an opportunity to share the mainland's development achievements, a spokesperson told a press conference Wednesday.

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(File photo: VCG)

Ma Xiaoguang, a spokesperson for the State Council Taiwan Affairs Office, made the remarks in response to a media question about the recent decision regarding revisions to the regulations on foreign-invested insurance and banking firms authorized by the State Council.

The revisions, made public by the State Council on Oct. 15, eased access to the Chinese market for foreign-invested insurance and banking firms and will accelerate the opening-up process of the financial sector, Ma said.

The related opening-up measures also apply to Taiwan-invested financial institutions, he said.