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Home >> China
UPDATED: 09:05, September 17, 2005
Forum proposes measures to promote mainland investment of Taiwan businessmen
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A forum of elites from the Chinese mainland and Taiwan has proposed substantial measures to help Taiwan businessmen invest on the mainland.

"The rapid, sustained and coordinated economic growth of the Chinese mainland has created more investment opportunities for Taiwan business people," says a document of the joint proposals issued by the forum Friday.

The forum was co-sponsored by the Taiwan Work Office of the Communist Party of China (CPC) Central Committee and the policy research center of the Taiwan-based People First Party (PFP) Central Committee.

It says the mainland should continue to encourage Taiwan business people to make investments on the mainland and meanwhile, protect all legitimate rights and interests of Taiwan compatriots on the mainland.

The PFP, it says, should continue to push for the removal of various unreasonable restrictions on mainland investments by Taiwan business people.

It says that the Taiwan Work Office of the CPC Central Committee and the PFP Central Committee should each appoint a special agency to discuss and handle issues concerning the protection of the rights and interests of Taiwan business people in their mainland investments.

It calls for actively promoting exchanges and cooperation between arbitration organizations on both sides of the Taiwan Straits and building a practical and effective mechanism for this purpose.

"The mainland should increase the employment of Taiwan professionals in its arbitration organizations. Exchanges and training should be held to enhance understanding of the economic and trade situation and relevant rules on the other side," says the document.

The document also calls for beefing up cooperation on intellectual property right (IPR) protection and banning various sorts of violations.

According to the document, the PFP has proposed expanding fund-raising channels of Taiwan business people on the mainland and called on the mainland to continue to support the listing of Taiwan businesses on the mainland stock market and promote mainland banks to grant loans to Taiwan businesses.

Source: Xinhua


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