Mainland to further co-op with Taiwan

WATCH VIDEO

Source: CCTV.com | 12-22-2008 09:00

Ten measures that have emerged from this Forum all aim to enhance economic cooperation with Taiwan, in a joint response to the global financial crisis.

Ten measures that have emerged from this Forum all aim to  enhance economic cooperation with Taiwan, in a joint  response to the global financial crisis.

The measures outlined at the 4th Cross-Strait Economic, Trade and Cultural Forum include support for the development of Taiwan-funded companies in the mainland and promotion of two-way investment.

The first measure supports the development of Taiwan-funded enterprises on the mainland. Taiwan-funded enterprises are encouraged to participate in the mainland's projects.

The second one will improve financing for Taiwan-funded enterprises. The Industrial and Commercial Bank of China and the Bank of China have each decided to offer 50 billion yuan to Taiwan-funded enterprises over the next two to three years. China Development Bank will offer another 30 billion yuan to finance similar enterprises in addition to its previously-offered 30 billion yuan.

The third measure supports the transformation and upgrading of Taiwan-funded enterprises on the mainland.

The fourth one encourages and supports the self-regulation of Taiwan-funded enterprises.

The fifth promotes cross-Strait two-way investment.

The sixth strengthens industrial cooperation between the mainland and Taiwan.

The seventh is designed to jointly promote the development of flat screen technology.

The eighth explores cross-Strait agricultural cooperation.

The ninth aims to expand the sales of Taiwan's fresh farm products on the mainland.

And the tenth allows qualified Taiwan residents to operate as lawyers on the mainland.