East China’s Jiangxi Province will have direct cargo flights to Taiwan as of March 8, cutting transportation time from three days to 100 minutes, said local authorities Wednesday.
The weekly flight would link Changbei International Airport, Nanchang, capital of Jiangxi, with Taoyuan International Airport of Taipei, according to a statement by Changbei International Airport.
According to the [...]
The Taiwan External Trade Development Council will continue to help raise exports to the Chinese mainland, which has become Taiwan’s top export market overtaking other economies, council chairman Wang Chih-Kang said Monday.
“The mainland is a huge market, becoming a target of many economies, including Taiwan,” Wang said at an annual press conference in Taipei.
The mainland [...]
The Bank of China (BOC), the country’s largest foreign exchange lender, said it had already completed the preparatory work for establishing its Taiwan branch, according to a statement on the bank’s website.
The bank will submit the application documents as soon as detailed regulations regarding a financial cooperation agreement between the mainland and Taiwan come out, [...]
A Chinese mainland official said Wednesday that mainland purchasing groups to Taiwan had notched up deals worth about 14 billion U.S. dollars in the first 11 months this year.
Fan Liqing, spokeswoman for the State Council Taiwan Affairs Office, said at a press conference that the amount accounted for about 7.6 percent of Taiwan’s total exports, [...]
More than 600,000 tourists from the Chinese mainland visited Taiwan last year, fulfilling expectations despite the impact of H1N1 flu and the global economic downturn.
A total of 606,100 mainland tourists visited Taiwan in the past year, with each spending nearly $1,800 on the island, including accommodation and shopping, Shao Qiwei, chairman of the Beijing-based Association [...]
The Chinese mainland authority gave approval Tuesday for Taiwan Bank (TB) to establish an office in Shanghai, the chinataiwan website reported.
As a leading bank in Taiwan, the move acts as a milestone in cross-Straits financial cooperation, according to financial circles.
After the bureau is in place, TB will conduct market research and make contact with local [...]
