Fujian works to bolster cross-Straits exchanges

Fujian, the mainland province closest to Taiwan, recently issued a guideline on exploring integrated development across the Taiwan Straits, aiming to expand cross-Straits connectivity and build itself into a nexus for Taiwan residents and businesses.

The guideline lists 42 measures covering many aspects of integration, including boosting trade, cultural communication, and interconnectivity in infrastructure, energy and industrial standards.

Taiwan companies can apply for business registration in the same way as their counterparts in Fujian do. Some significant and leading Taiwan companies and projects will be given priority of land use on the mainland. The province will explore direct settlement between the renminbi and New Taiwan dollar, according to the document.