Over the past three years, Huaqiao has developed into a comprehensive business unit, with advantages of communication, geography, industry and policy, which lay a solid foundation for Cross-Straits (Kunshan) Commerce and Trade Cooperation Center.

Kunshan, where one ninth of Taiwanese enterprises in the mainland have gathered, has always been called mini Taipei.

According to statistics, more than 3400 Taiwanese enterprises with a combined investment of $32.6 billion have settled in Kunshan, located in central China’s Jiangsu Province. Their total amount of cross-Straits trade was no less than $30 billion in 2008, accounting for 4% of the total cross-Straits trade volume. A comprehensive trade platform with modern facilities is required to expand the overseas market.

The Cross-Straits (Kunshan) commerce and trade cooperation zone, covering 3.65 sq km, aims to develop into the first platform for commodities from Chinese Taipei to the mainland. The zone will be split into five centers – the Taiwanese commodity trade center, the Taiwanese commodity exhibition center, the Taiwanese commodity distribution center, the customs bonded logistics center and the comprehensive service center.

ground-breaking ceremony of the Cross-Straits (Kunshan) commerce and trade cooperation zone

Being the biggest manufacturing base in Yangtze River Delta Region, Kunshan built the Huaqiao International Service Business Park in Huaqiao near Shanghai, as its main battlefield in constructing “Financial Silicon Valley”. It is notable for having “the geographical advantage of the Shanghai region, the policy advantage of Jiangsu Province, and the advantage of low cost in Kunshan”.

Huaqiao International Service Business Park was approved as provincial development areas in August, 2006 and as a demonstration zone for international modern service industry by the Jiangsu provincial government in the following year.

By Lency