Economic collaboration across the Taiwan Strait is gaining momentum, with expanded opportunities for businesses in the Taiwan region, according to CPPCC Taiwan member Lin Na. Speaking to CGTN's Zheng Yibing, Lin highlighted how mainland cities are actively creating favorable conditions for investors from the island of Taiwan, signaling growing cross-strait cooperation amid evolving economic priorities.
"The mainland's 26 measures to promote cross-strait integration have already seen tangible results," Lin stated, referencing policies introduced to support Taiwan enterprises in sectors like technology, green energy, and advanced manufacturing. Key commercial hubs, including Fujian and Jiangsu provinces, are streamlining approval processes and offering tax incentives to attract Taiwan-led projects.
Analysts note that this push aligns with broader efforts to deepen industrial supply chain connectivity, particularly for small and medium-sized enterprises. While challenges such as regulatory adaptation persist, Lin emphasized that partnerships focusing on innovation and sustainability are "reshaping the commercial landscape for mutual benefit."
The development carries implications for global investors eyeing Asia's tech-driven markets, as cross-strait ventures increasingly leverage complementary strengths. With APEC members prioritizing regional economic resilience, Taiwan-related businesses on the mainland could play a pivotal role in shaping pan-Asian trade dynamics in 2024.
