Taipei, Oct. 24, 2012 (CENS)--The Taiwan Tobacco & Liquor Corp. (TTL) recently announced a plan to invest NT$60 million (US$2 million) to set up a new subsidiary in mainland China by the end of this year. TTL will be Taiwan’s first state-run enterprise to operate in China, according to its presiden

Taipei, Oct. 18, 2012 (CENS)--To further help Taiwanese enterprises explore the market in China, C.K. Wang, chairman of Taiwan External Trade Development Council (TAITRA) recently said TAITRA will hold “Taiwan Trade Fair” not only in coastal provinces, but also inland including Henan, Shanxi, Ningx

Taipei, Oct. 17, 2012 (CENS)--Lin Join-sane, the newly appointed chairman of the Straits Exchange Foundation (SEF), a semi-official organization representing the government to handle cross-strait affairs, led a delegation to Beijing yesterday, kicking off his first visit to China. Last night Lin

Taipei, Oct. 16, 2012 (CENS)--Representing the Taiwanese government, Lin Join-sane, chairman of the Straits Exchange Foundation (SEF), a semi-official organization engaged in affairs between Taiwan and China, has kicked off his first-time visit in the current post to China to meet top officials in

Taipei, Oct. 15, 2012 (CENS)--According to market research organization LEDinside, Taiwan’s publicly held LED makers scored total revenue of NT$9.2 billion (US$309 million at US$1:NT$30) in September, slipping 2.28% from August, due chiefly to weak market for backlights used in TVs, laptops and mon

Taipei, Oct. 15, 2012 (CENS)--Lin Join-sane, the newly inaugurated chairman of the Straits Exchange Foundation (SEF), a semi-official organization representing the government to be engaged in affairs between Taiwan and China, is ready to make his first visit in the post to China for an entire week

Despite earnest governmental support and the awareness among lighting manufacturers of the need to develop LED lighting to upgrade the industry, China’s LED lighting industry, albeit having seen some progress, has a long road ahead. Inconsistent Standards While LED lighting is touted by espe

In recent years, the Beijing authority announced policies unfavorable to the so-called traditional export-driven industries, having also impacted heavily most of the Taiwanese-run companies set up to take advantage of China’s exporter-friendly environment 20 or 30 years ago. The “cut in exp

Taipei, Sept. 28, 2012 (CENS)--During the Oct. 1 long holiday of mainland China, from Sept. 30 through Oct. 7, 31,435 mainland Chinese travelers will visit Taiwan, up 63% over the same period last year. Meanwhile, due to the sovereign dispute over Diaoyutai, many mainland Chinese people have cancel

Taipei, Sept. 26, 2012 (CENS)--Formosa Epitaxy Inc. (FOREPI) is reported to sign a deal soon to enter into alliance with BOE Co., Ltd. by allowing BOE to hold part of its stocks. This could become another partnership deal between Taiwan and mainland China’s LED sectors involving stock investmen

Taipei, Sept. 21, 2012 (CENS)--Simmering anti-Japan sentiment in China, due to nationalization of the Diaoyutai islet, is benefitting Taiwan’s LED industry with many LED-related orders diverted to Taiwan, resulting in Formosa Epitaxy Incorporation (FOREPI) and Epistar Corporation to see booming r

Taipei, Sept. 18, 2012 (CENS)--Information-communications technology (ICT) sectors between Taiwan and mainland China recently singed several agreements that are estimated to create multibillion NT dollars of business opportunities for Taiwanese suppliers and will enhance cooperation on standard set

Taipei, Sept. 12, 2012 (CENS)--The Japanese government signed a contract with owner of Diaoyutai yesterday (Sept. 11) and nationalized the controversial islet, aggravating the tense relationship between Japan and China. Analysts noted that the Chinese government may resort to trade and economic mea

Taipei, Sept. 12, 2012 (CENS)--The top brasses of Taiwan’s leading machine-tool makers are promoting their respective products in person at International Manufacturing Technology Show 2012 (IMTS 2012) in Chicago running Sept. 10-15, which is recognized as the world’s No.3 machine tool event after t

Taipei, Sept. 12, 2012 (CENS)--Taiwan and China will reportedly open mutual trade offices by the end of October to further upgrade bilateral trade relations. The government-backed Taiwan External Trade Development Council (TAITRA) will be Taiwan’s first trade organization to set up office in Ch

Taipei, Sept. 11, 2012 (CENS)--The quasi-government Taiwan External Trade Development Council (TAITRA) yesterday announced that the numbers of buyers, exhibitors, booths and trades will set new highs at the 24th Taipei International Machine Tool Show (TIMTOS), which will be staged on March 5-10, 20

Taipei, Sept. 10, 2012 (CENS)--C.K. Wang, chairman of Taiwan External Trade Development Council (TAITRA), recently declared that TAITRA will set up 12 more overseas representative offices in the next two years to boost the number of its global offices to a total of 57 by the end of 2013. Last ye

Taipei, Sept. 3, 2012 (CENS)--Taiwan’s LED makers Epistar Inc., Unity Opto Technology Co., Ltd., Lextar Electronics Corp., and I-Chiun Precision Industry Co., Ltd. have been inundated so far in the quarter by contracts from mainland China’s TV makers vigorously building up inventories for the upcom

The ISO/TS 16949-approved XGM Group Co., Ltd. is a specialist in automotive shock absorbers and one of the major players in the global market. With more than 1,000 employees and factory occupying some 105,000 square meters, the company has a monthly capacity of 150,000 shock absorbers. Backe

The West-Straits Special Economic Zone or literally “economic area west of the Taiwan Straits” is expected to lead development of Intelligent Transport System (ITS) in China, after the “Cross-straits Automobile Summit 2012” held in June disclosed the goal to pave modern transport system in the area

Despite measures instituted by the Beijing government to boost auto sales, the problem of excess production still shadows China’s car market. Rumors of layoffs by automakers are heard from time, and car dealers are anxious to digest their mounting inventories. Car dealerships have closed down o

The National Development and Reform Commission (NDRC) is considering resuming the "Clunker for Cash" policy to revive China's bleak auto market. This policy was first introduced in 2009 to encourage people to buy new cars. The "Clunker for Cash" and "Go Countryside" are two of a series of m

Taipei, Aug. 24, 2012 (CENS)--According to the evaluation of “Xinhua-Dow Jones international financial center” index, the ranking of Taipei’s international financial center advanced for the second year in a row to 36th place, which, though, still lagged behind many major Asian cities, even includin

Taipei, Aug. 24, 2012 (CENS)--Kian Shen Metal Works Co., Ltd., maker of vehicular chassis in Taiwan, is expected to register a five-year high in revenue in the second half, due to strong demand for commercial vehicles, trucks and buses on the island, having recently said orders have been received

Taipei, Aug. 17, 2012 (CENS)--Taiwan and mainland China will hold talks in Beijing on Sept. 4 over cooperation on several telecom business sectors highlighted by the 4G Long Term Evolution (LTE) and Time Division Long Term Evolution (TD LTE) issue. According to informed sources, the official re

Taipei, Aug. 16, 2012 (CENS)--In the wake of the signing of a Taiwan-China investment protection agreement recently, the Taiwan government aims to attract more Chinese enterprises to the island. Industry sources say at the upcoming 4th Conference on Cross-strait Cooperation and Exchange in the

Taipei, Aug. 9, 2012 (CENS)--After four years of exchange, this year's 4th Conference on Cross-strait Cooperation and Exchange in the Automobile (Including Battery Energy Storage) Industry will try to find easy-to-realize partnerships for automotive-related companies in Taiwan and China, according

Taipei, Aug. 7, 2012 (CENS)--The government-back Taiwan External Trade Development Council (TAITRA) is to officially set up it Shanghai office in September to be dubbed “Taiwan Trade Center,” to be Taiwan’s first trade office in China. The ECFA (economic cooperation framework agreement) between

Taipei, July 23, 2012 (CENS)--Yuen Foong Yu Paper Mfg. Co., Ltd. (YFY), Taiwan’s leading paper-product manufacturer, is generating ever more revenue in China’s household paper market, with its Yangzhou (Jiangsu Province) plant to come online from the third quarter of 2012 with 45,000 metric tons i

Taipei, July 19, 2012 (CENS)--Taiwan has generated foreign exchange income of NT$205.7 billion (US$6.856 billion) from Chinese tourists after allowing such visits four years ago on July, 18, 2008. Many news reports and tourism promoters say that FITs from China are likely to help raise daily