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April 8, 2010

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Han gets down to business in Taiwan

THE Shanghai government is going all out to foster business investments between the city and Taiwan companies.

Shanghai Mayor Han Zheng made this clear yesterday in Taiwan, where he is leading a government delegation on an official four-day visit.

Han's second day in Taipei started with a morning meeting with top Taiwan company leaders and business officials.

He told them that Shanghai expected to see more active two-way cross-Strait investment and would "firmly support and encourage" more Shanghai companies to invest and launch businesses in Taiwan.

Shanghai and the Yangtze Delta Region had been popular with many Taiwan investors since 1987 when island capital started pouring into businesses in the area, Han said.

Pleasant surprise

This investment capital has had a boomerang effect as three Shanghai-based companies have so far opened business branches or representative offices in Taiwan since the end of last June.

This was the date when Taiwan authorities officially opened channels for mainland people to make investments on the island, Han said.

The mayor told the meeting that "the Shanghai government will continue to create a healthy environment to support Taiwan investors to develop business in Shanghai."

Han also met Chiang Pin-kung, chairman of the Taiwan Strait Exchange Foundation yesterday.

He extended gratitude to the foundation for its outstanding contribution in fostering peaceful development in cross-Strait ties for the past 19 years.

Han made a one-hour trip later yesterday to Taipei's famous Palace Museum, which has a collection of more than 600,000 pieces of ancient Chinese artifacts and artworks.

He was greeted by a big crowd at the museum entrance - and a pleasant surprise.

Apart from reporters, TV crews and photojournalists, the crowd also included excited Shanghai tourists, waving their cameras in a bid to get a holiday shot of their mayor.

Han also visited Taipei's Beitou environmentally friendly garbage-incineration plant and rode the high-tech subway system.

The honorary chairman of the Kuomingtang party, Wu Poh-hsiung, hosted a banquet dinner for the Shanghai government delegation last night.

Han is scheduled to visit Taipei's towering skyscraper Taipei 101, once the world's tallest, and the Eslite Bookstore, a cultural landmark.


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