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Mainland calls for business synergy

THE Chinese mainland will urge businesses to visit Taiwan to discuss investment plans amid efforts to help the island cope with the global economic downturn, the mainland's Taiwan affairs chief Wang Yi said yesterday in Xiamen, Fujian Province.

The Commerce Ministry and the State Council Taiwan Affairs Office will jointly issue a circular on procedures mainland businesses should follow if they intend to invest in Taiwan, Wang said.

The mainland will soon organize key businesses in different industries including electronics, communications, bio-medicine, marine transport, construction, auto manufacturing and textiles to visit Taiwan to discuss investment plans, he said.

Meanwhile, the mainland will encourage Taiwan businesses to expand their markets on the mainland and take part in the mainland's construction of infrastructure and other key projects, said Wang, director of the State Council Taiwan Affairs Office.

"We will soon put forth specific methods on how to determine qualified businesses," Wang said.

Wang was speaking at the Straits Forum conference that opened on Saturday.

The mainland will buy more Taiwan products, encourage more mainland tourists to visit Taiwan, and promote the establishment of a cross-strait economic cooperation mechanism, he said.

The mainland will allow Taiwan law firms to open branches in Fuzhou and Xiamen, and beef up agricultural cooperation, he said.

"The global financial crisis is affecting both sides and we are concerned about the Taiwan economy," Wang said. "We are ready to give all we can to help."

In explaining the measures, Wang said the mainland will organize two trips to Taiwan this year to buy fruit, vegetables, aquatic products and processed farm products. Three more trips will be arranged to buy industrial consumer goods, daily necessities, food and Taiwan crafts.

In promoting cross-strait tourism, the mainland will try to get 600,000 people to visit Taiwan this year, he said.

The mainland is willing to sign an economic cooperation agreement and start consultations as soon as possible, added Wang.


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