Focus Taiwan
Date: 2018/09/06
By: Shih Hsiu-chuan
Taipei, Sept. 6 (CNA) The 31 measures Beijing announced in February to attract more
CNA file photo
Taiwanese to work, study, live or start businesses in China have “had no obvious effect” in terms of accelerating the exodus of capital and talent, Taiwan’s Mainland Affairs Council (MAC) said Thursday.
The MAC released a report on the impact of the 31 measures and effectiveness of the 39 countermeasures the government introduced in March in response to the Chinese package.
In terms of outbound investment to China, the Investment Commission under the Ministry of Economic Affairs has approved projects worth US$5.221 billion this year, a decrease of 2.77 percent compared to the same period last year, according to the report.
China’s 31 measures included 12 treating Taiwanese investors the same as their Chinese counterparts, and 19 aimed at loosening regulations to attract more Taiwanese students and professionals to live and work in China. [FULL STORY]