Chinese and Taiwanese delegations jointly promote trade
February 28, 2011 Category Foreign trade, Weekly
Mainland Chinese Cross-Strait negotiator Chen Yunlin led a 40-member senior trade delegation to Taipei, but canceled a planned visit to Tainan in the south of the island. Chen’s trip is his fourth to Taiwan. Deputy Trade Ministers from Taiwan and the mainland agreed to set up work groups to address issues arising from the Economic Cooperation Framework Agreement, a trade pact signed last year by the two sides. The news was announced at the end of the first meeting of the Economic Cooperation Committee (ECC) in Zhongli, Taiwan. Work groups would talk on issues such as investment protection before March 12, when a session on agreements following up the trade pact begins. The two sides agreed the next ECC meeting would be held in the second half of this year. China’s National Tourism Administration Chairman Shao Qiwei also visited Taipei for an eight-day visit to discuss opening Taiwan to individual mainland tourists. Taiwan has proposed that up to 500 mainlanders per day be allowed to visit as individuals on trips of up to 15 days. The quota would be in addition to an existing limit of 4,000 mainland tourists per day on group tours. Local media said such visits would be possible by April and initially limited to Taiwan’s offshore islands.
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