Taiwan

Mainland, Taiwan trade volume jumps 40% in 2010

(Xinhua)
Updated: 2011-01-20 23:44

BEIJING - Trade volume between the Chinese mainland and Taiwan reached $145.37 billion last year, up 36.9 percent year on year, according to a report by China's Ministry of Commerce.

Related readings:  Mainland, Taiwan reduce import tariffs to implement ECFA  Mainland to further protect Taiwan people's rights  Mainland tourists flock to popular US destinations  Food, drug safety listed as top menu item for health experts

The mainland exported $29.68 billion worth of products to Taiwan, up 44.8 percent year on year, and imported about $115.69 billion worth of products from the island, up 35 percent, ministry figures showed.

The December trade volume between the mainland and Taiwan increased 4.1 percent from November to $13.61 billion.

The Chinese mainland is currently Taiwan's largest export market.

Statistics showed the mainland approved 3,072 Taiwan residents' investment projects in the mainland in 2010, up 20.2 percent from the previous year. The actual investment reached $2.48 billion, up 31.7 percent year on year.

By the end of 2010, a total of 83,133 Taiwan investment projects had been approved by the mainland, worth $52.02 billion. Taiwan investments account for 5 percent of total overseas investments in the mainland.