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Thursday 20 January 2011

Mainland, Taiwan trade volume jumps almost 40 pct in 2010

2011-01-20 13:08:06 GMT2011-01-20 21:08:06(Beijing Time) Xinhua English

BEIJING, Jan. 20 (Xinhua) -- Trade volume between the Chinese mainland and Taiwan reached 145.37 billion U.S. dollars last year, up 36.9 percent year on year, according to a report by China's Ministry of Commerce.

The mainland exported 29.68 billion U.S. dollars worth of products to Taiwan, up 44.8 percent year on year, and imported about 115.69 billion U.S. dollars worth of products from the island, up 35 percent, ministry figures showed.

The December trade volume between the mainland and Taiwan increased 4.1 percent from November to 13.61 billion U.S. dollars.

The Chinese mainland is currently Taiwan's largest export market.

Statistics showed the mainland approved 3,072 Taiwanese investment projects in the mainland in 2010, up 20.2 percent from the previous year. The actual investment reached 2.48 billion U.S. dollars, up 31.7 percent year on year.

By the end of 2010, a total of 83,133 Taiwan investment projects had been approved by the mainland, worth 52.02 billion U.S. dollars. Taiwanese investments account for 5 percent of total overseas investments in the mainland.

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