By: Chou Yi-ling and Evelyn Kao
Taipei, May 13 (CNA) Taiwan’s semi-official negotiating body expressed satisfaction Wednesday with a recent decision by China’s State Council to reinstate preferential treatment, including tax breaks, for Taiwan-invested companies in China.
Chou Jih-shine (周繼祥), vice chairman of Taiwan’s Straits Exchange Foundation (SEF, 海基會), said the decision was an indication that China attaches great importance to Taiwanese businesses operating there.
Chou said, however, that he hopes China will communicate with the SEF on any new policies relating to the rights of Taiwanese companies, to allay concerns among these companies about increasing costs. [FULL STORY]