Mainland, Taiwan reaches consensus on boosting mainland investment in Taiwan

Source: Xinhua | 04-26-2009 13:14

NANJING, April 26 (Xinhua) -- The Chinese mainland and Taiwan reached consensus on Sunday to boost investment by mainland companies in the island.

Chen Yunlin, president of the mainland's Association for Relations Across the Taiwan Straits (ARATS), holds talks with Chiang Pin-kung, chairman of the Taiwan-based Straits Exchange Foundation (SEF), in Nanjing, east China's Jiangsu Province, on April 26, 2009. This was the third round of talks between them in less than a year.(Xinhua/Sun Can)

During Sunday's talks, the mainland-based Association for Relations Across the Taiwan Straits (ARATS) and the Taiwan-based Straits Exchange Foundation (SEF) agreed to "actively encourage and promote mainland companies to conduct inspections and invest on the island".

The two negotiating bodies hoped relevant authorities on both sides of the Taiwan Straits to set up appropriate communication mechanism to boost mainland investment in Taiwan.