Trade between mainland, Taiwan hit US$58b
( 2004-01-14 22:10) (Xinhua)
Trade between the mainland and Taiwan of China
reached a record 58.37 billion US dollars in 2003, Li Weiyi, spokesman for the
Taiwan Affairs Office of the State Council, said Wednesday.
In the first 11 months last year, trade between the two sides of the Taiwan
Straits reached 52.25 billion US dollars, an increase of 29.8 percent over the
same period of the previous year.
Li said the mainland approved 4,495 projects funded by Taiwanese investors
last year, which involved 8.56 billion US dollars of contractual capital.
He said personnel exchanges and trade across the Taiwan Straits were
influenced by the SARS crisis last year, but rapidly resumed in the second half
of 2003, which further proved that close trade ties could benefit both sides.