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Taiwan Investment on Mainland Up 43 Percent
Taiwan investment on the Chinese mainland during the first five months this year recorded a 43 percent rise.

The investment totaled US$1.7 billion. There were a total of 797 investment projects run by Taiwan businesspeople from January to May this year. And in May alone, 138 project ratified by Taiwan authorities involved nearly US$318 million, an increase of four percent over the previous month, when SARS swept both the Chinese mainland and Taiwan.

Analysts said that the rapid increase in investment indicated Taiwanese investors' confidence in the mainland's economic prospects.

(CRI News June 23, 2003)

More Taiwan Investment Flowing into Jiangsu
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