Taipei, July 12, 2011 (CENS)--Cho Shih-chao, director general of Taiwan's Bureau of Foreign Trade, said in Tianjin that Taiwan and China may reach an agreement on setting up economic and trade offices in each other's side in August when the second cross-strait economic cooperation meeting for this

Taipei, July 8, 2011 (CENS)--The Mainland Association for Cross-Strait Economic and Trade Exchanges (MACETE) is to organize a buy-Taiwan group composed of 160-plus members that will arrive on July 18, says C. K. Wang, chairman of the Taiwan External Trade Development Council (TAITRA). Wang says

Taipei, July 7, 2011 (CENS)--As part of Taiwan government's aggressive plan to create an industry that can generate revenue of NT$1 trillion (US$34.4 billion at US$1:NT$29) in 2015 based on electronic-commerce technology, the government will move to persuade Beijing to cancel the Internet content p

Taipei, July 5, 2011 (CENS)--Fubon Financial Holding and Cathay Financial Holding have both forayed into China's fund management market by establishing joint ventures with Chinese partners, in order to tap the market's huge potential. Fubon Financial Holding reported yesterday (July 4) that Fub

Taipei, June 30, 2011 (CENS)--Industry executives estimated Taiwan's contract suppliers will become primary beneficiaries of Hewlett-Packard's (HP's) cloud computing investment plan in mainland China, which was announced yesterday by the firm's chief executive officer, Leo Apotheker. Apotheker

Taipei, June. 21, 2011 (CENS)--The Civil Aeronautics Administration (CAA) completed the allocation of the 94 cross-Taiwan Strait new direct flights yesterday (June 20), of which China Airlines and Eva Airways are each granted 19, the highest among the six domestic airlines. Domestic airlines pl

Taipei, June 14, 2011 (CENS)--Following the increase of the number of direct cross-Taiwan Strait flights from 370 to 558 a week, prices of plane tickets for flights to Beijing and Shanghai will drop by 10%, said Yin Cheng-peng, director general of Civil Aeronautics Administration (CAA) yesterday (J

Taipei, June 13, 2011 (CENS)--Free independent travelers from Beijing, Shanghai, and Xiamen will be able to visit Taiwan starting June 28, announced the Taiwan Affairs Office under China's State Council yesterday (June 12). Meanwhile, the number of direct cross-Taiwan Strait flights will jump 5

Taipei, June 13, 2011 (CENS)--China Steel Corporation (CSC), Taiwan's largest integrated producer of steel products, has deepened strategic partnership with Shougang Group of mainland China to jointly invest in overseas mines. The alliance with Shougang Group will help CSC enhance competitivene

Taipei, June 10, 2011 (CENS)--Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman and Chief Executive Officer Morris Chang yesterday said he is confident of achieving the company's growth target of 20% for 2011 although global economy now is not as good as it was around six months ago. Chang

Taipei, June 9, 2011 (CENS)--The number of direct cross-Taiwan Strait flights will increase to 558 flights a week, up from existing 370 and higher than the original expectation of 500, announced Straits Exchange Foundation (SET) and the Association for Relations Across the Taiwan Straits (ARATS) jo

Taipei, June 9, 2011 (CENS)--Taiwan approved a total of 133 inbound investment cases launched by Chinese enterprises as of the end of April with combined investment value of US$146 million, according to the statistics released by the Investment Commission under the Ministry of Economic Affairs (MOE

Taipei, June 8, 2011 (CENS)--Taiwan's LED (light emitting diode) industry is likely to generate revenue of NT$200 billion (US$6.8 billion) next year, a 32% surge from this year's projected NT$151.6 billion (US$5.2 billion), according to the non-profit Photonics Industry & Technology Development Ass

Taipei, June 7, 2011 (CENS)--Global Mobile Corp. recently signed an agreement to open a joint venture in mainland China to provide TD-LTE (time-division long term evolution) telecom service in cooperation with the administration of Songshan Lake National High-Tech Industrial Development Zone, which

Taipei, June 3, 2011 (CENS)--On the eve of the advent of Chinese free independent travelers, Taiwan is still negotiating with mainland China on whether to extend the scope of the liberalization to residents of entire Fujian Province, rather than just Shanghai, Beijing, and Xiamen. The move is l

Taipei, June 3, 2011 (CENS)--Both VIA Technologies Inc. and Silicon Integrated Systems Crop. (SiS) estimated their shipments of smart TV chips would turn robust in the second half of this year. The two Taiwanese chip design houses have recently shifted product emphasis to smart TV chips from ch

Taipei, June 3, 2011 (CENS)--As the financial market widens for both Taiwan and China, banks in Taiwan are eager to explore the potential in China by partnering with their Chinese counterparts. So far 15 Taiwanese banks have inked memorandum of understanding (MOU) with 14 Chinese banks for possible

Taipei, June 2, 2011 (CENS)--Chinese free independent travelers, from Beijing, Shanghai, and Xiamen initially, will be allowed to visit Taiwan at the daily maximum of 500 from the end of June, said Premier Wu Den-yih yesterday (June 1). Wu revealed the plan during an exclusive interview with the

Manufacturers go for the natural and human touch With "low-carbon" furniture having become a catchword in their industry, some Chinese makers of living-room furniture have started to roll out environmentally -friendly furniture products through the careful selection of raw materials, improved pr

International, domestic suppliers attracted over 150,000 visitors over four days The 27th China International Furniture Fair (CIFF or Home Furniture) was a five-in-one event held March 18-21 and spread across a massive 540,000 square meters at the China Import & Export Fair Complex in Guangzhou,

Taipei, May 31, 2011 (CENS)--Taiwan's National Security Bureau will join forces with the Ministry of Economic Affairs (MOEA) to evaluate the investment plans filed by Huawei Technologies Co. and mainland China's banks to set up branches on the island, these enterprises have close connection with Ch

The Taiwan Glass Industrial Corp., Taiwan's dominant glass supplier, is investing unprecedented amounts of money with the aim of tapping the huge market potential of high-value-added products, especially those used in high-tech applications. In a recent interview with the Chinese-language Econo

A total of 59,817 visitors, including 8,563 from overseas, shopped among 1,300 exhibitors at the LED China 2011 and the LED Lighting China 2011 trade fairs, which were held together on March 1-4 at the China Import and Export Pazhou Complex. According to trade organizer UMB Trust, the total

Taipei, May 20, 2011 (CENS)--Premier Wu Den-yih recently declared that the 7th meeting between chairman P.K. Chiang of the Straits Exchange Foundation (SEF) and his Chinese counterpart Chen Yunlin of the Association for Relations Across the Taiwan Straits (ARATS) will be held as expected, regardles

Taipei, May 17, 2011 (CENS)--Taiwan ranked 23rd place worldwide in the number of international meetings in 2010, up nine notches from 2009, and fourth place in Asia, trailing only Japan, Mainland China, and South Korea, according to the statistics of International Congress and Convention Associatio

Taipei, May 17, 2011 (CENS)--Representatives from Taiwan and mainland China reached consensus for increasing the number of direct cross-Taiwan Strait flights during their meeting in Beijing yesterday (May 16). The actual number of increased flights will be determined during the follow-up meeting

Taipei, May 13, 2011 (CENS)—Meeting early this week with Taiwan's KMT (Kuomintang or National Party) Honorary Chairman Wu Poh-hsiung, China's CPC Central Committee General Secretary Hu Jintao promised to speed evaluating Taiwan's proposal to increase cross-strait direct flights and allow free inde

Taipei, April 26, 2011 (CENS)--The Ministry of Economic Affairs (MOEA) dispatched the first investment solicitation delegation to Beijing yesterday (April 25), aiming to encourage mainland Chinese FPD (flat panel display) and color-TV manufacturers, such as BOE, Konka, and TCL, to buy into domestic

Both numbers of booths and international visitors exceed 5,000 By BEN SHEN With the promised effects of the cross-Taiwan Strait ECFA (economic cooperation framework agreement) becoming reality, the biannual 2011 Taipei International Machine Tool Show (TIMTOS 2011) staged March 1-6 and co-org

Taipei, April 18, 2011 (CENS)--Taiwan's Ministry of Economic Affairs (MOEA) is trying to build contacts with the Japan-based Mitsubishi Electric, aiming to persuade the Japanese giant to produce computerized numerically controlled (CNC) devices in Taiwan, motivated by the decision by another Japane