Taiwan businessmen turn to invest in technology-based industries
at the recent cross strait economic and trade cooperation forum, Changjiang Tianci, executive vice director of Huayi bank, pointed out that Taiwan businessmen 'investment in China has shifted from labor-intensive industries to technology intensive industries, most of which are in the electronic information industry
according to statistics, in 2001, the total output value of electronic parts and components of Taiwan businessmen in China was 6, which can be treated by landfilling, 0 catching up with NT $0 billion (about 150 billion yuan), only slightly lower than the output value of NT $680billion in Taiwan Province. Taiwan businessmen mostly choose to invest in Shanghai, Kunshan, Suzhou, Nanjing and Ningbo in the Yangtze River Delta. In the first April of this year, Taiwan businessmen invested more than 20 enterprises with an investment of more than US $10million
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