| Trade and Investment between the Inland and Taiwan in Jan.-Feb. 2008 |
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| 2008-04-02 09:00 |
| From:MOFCOM Article type:Translated |
The trade volume between the Inland and Taiwan amounted to US$20.53 billion in the first two months of 2008, with an increase of 23.8% year on year, out of which the Inland’s export to Taiwan hit US$3.6 billion, up by 12%, and the Inland’s import from Taiwan hit US$16.93 billion, up by 26.6%. Taiwan is the Inland’s 7th trade partner, 9th export market and 5th import source.
326 Taiwan-invested projects were approved by the Inland in the first two months of 2008, down by 38.3% year on year, with Taiwan’s investment in actual use of US$370 million, up by 66.62% year on year. By the end of February 2008, the Taiwan-invested projects approved by the Inland totaled 75,472, with US$46.13 billion investment in actual use, accounting for 5.91% of the total foreign investments absorbed by the Inland.
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