CHINA Mainland still best choice for Taiwan investors: spokesperson

CHINA

Mainland still best choice for Taiwan investors: spokesperson

Xinhua

23:43, November 27, 2019

A worker carries boxes of instant noodles produced by Master Kang, a Taiwan-based food processing company outside a supermarket in Beijing. (File photo: Asianewsphoto)

BEIJING - A Chinese mainland spokesperson has said the mainland was, is and will continue to be the best choice for Taiwan compatriots and enterprises to invest and boost their businesses.

Zhu Fenglian, the new spokesperson for the State Council Taiwan Affairs Office, made the remark when answering a question on investment in the mainland from Taiwan, Hong Kong and Macao enterprises at a press conference Wednesday.

According to the results of China's fourth national economic census published on Nov 21, there were 18.57 million enterprises on the mainland at the end of 2018, increasing by 126.2 percent over five years, while 0.6 percent of the corporations were backed by investment from Taiwan, Hong Kong and Macao.

This shows the business environment on the mainland has been improving and market entities of all sorts were enjoying common growth, reflecting the strength of enterprises and the vitality of economic development on the mainland, according to Zhu.

Statistics from the Ministry of Commerce also showed that from January to October, the mainland approved 4,350 projects with Taiwan investment, a 10.9-percent increase year on year, the spokesperson stated.

The mainland will continue to create better conditions for Taiwan compatriots' participation in the economic development of the mainland and provide policies to guide Taiwan compatriots and enterprises to take part in the country's major development strategies, Zhu said.

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