Mainland's investment in Taiwan up 34% in Q1

refresh time 2013-06-21

Taiwan received over $139 million of investment from Chinese mainland businessesin the first quarter of 2013, up 34 percent from a year earlier, the island＇s economic authoritysaid Tuesday.

 

According to statistics, 29 projects with investment from mainland businesses were given thegreen light during the January-March period, 12 percent less compared with the same periodlast year.

 

In the first three months, Taiwan＇s relevant authorities approved 133 projects funded byTaiwanese enterprises on the mainland, with involved investment totaling $88.31 million.

 

Mainland＇s investment in Taiwan has totaled $642.7 million since the island opened to mainlandinvestors on June 30, 2009.

(Source: China Daily)