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Mainland-Taiwan trade up 21.7% in first 4 months

(Xinhua)
Updated: 2008-05-21 22:44

Trade between the Chinese mainland and Taiwan Province reached $43.91 billion in the first four months of this year, up 21.7 percent year-on-year, according to the Ministry of Commerce (MOC) on Wednesday.

The Chinese mainland's exports to Taiwan Province reached $8.17 billion and imports from the island reached $35.74 billion, up 16.9 percent and 22.8 percent, respectively. the MOC's figures showed.

During the same period, the Chinese mainland attracted investment from Taiwan Province in 731 projects, down 36.9 percent, while the actual use of Taiwan investment reached $650 million, up 29.6 percent.

As of the end of April 2008, cumulative investment from Taiwan Province in the Chinese mainland totaled $46.41 billion in 75,877 projects. The figures date back to 1988, when Chinese mainland-Taiwan Province trade opened up.

Trade between the Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) reached $62.98 billion in the first four months of 2008, up 9.3 percent year-on-year, statistics from the Ministry of Commerce (MOC) showed.

The Chinese mainland's exports to the HKSAR reached $58.57 billion, and imports from the HKSAR reached $4.41 billion, up 8.5 percent and 20.5 percent, respectively, according to the MOC.

The Chinese mainland attracted direct investment from the HKSAR in 4,548 projects, up 6.7 percent, and the actual use of Hong Kong direct investment reached $15.1 billion, up 113.7 percent.

As of the end of April 2008, direct investment of the HKSAR in the Chinese mainland totaled $323.64 billion in 290,311 projects.

The figures are cumulative, dating back to 1978, which marked the opening up of trade between the Chinese mainland and Hong Kong Special Administrative Region.

Trade between the Chinese mainland and the Macao Special Administrative Region (MSAR) reached $630 million in the first quarter of 2008, a 2-percent rise year-on-year, according to the Ministry of Commerce (MOC).

The Chinese mainland's exports to Macao Special Administrative Region totaled $570 million, up 2.8 percent, while imports from Macao Special Administrative Region fell 4.3 percent to $60 million, the ministry said.

The Chinese mainland attracted direct investment from the MSAR in 99 projects in the first three months, down 44.7 percent, and the actual use of Macao direct investment reached $200 million, up 18.6 percent year-on-year.

As of the end of March 2008, direct investment of the MSAR in the Chinese mainland totaled $7.86 billion in 11,652 projects. These figures are cumulative since 1978, the year of the opening up of trade between the Chinese mainland and Macao Special Administrative Region.

The actual use of the MSAR's direct investment in the Chinese mainland accounted for 1 percent of all actually used direct investment from outside the Chinese mainland.