Mainland-Taiwan trade up in first nine months
www.chinaview.cn 2007-10-20 19:17:41   Print

    BEIJING, Oct. 20 (Xinhua) -- Trade between China's mainland and Taiwan reached 89.69 billion U.S. dollars in the first nine months, up 13.8 percent from the same period last year, according to the Ministry of Commerce.

    The mainland's exports to and imports from Taiwan were both up by 13.8 percent, to reach 17.19 billion U.S. dollars and 72.5 billion U.S. dollars, respectively. The mainland had a deficit of 55.31 billion U.S. dollars in the cross-Strait trade.

    In the same period, the mainland approved 2,480 Taiwanese-funded projects, down by 7.1 percent year-on-year, while actual use of Taiwan investment decreased by 25.1 percent to 1.14 billion U.S. dollars.

    By the end of September, the mainland had received 45.04 billion U.S. dollars in direct investment by Taiwan's business people, accounting for 6.2 percent of the total overseas investment in the mainland.


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Editor: Song Shutao
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