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New center opens in Taipei to promote cross-strait investment

2013/09/03

(From:Focus Taiwan 2013-09-03)

Taipei, Sept. 3 (CNA) A cross-Taiwan Strait commerce center was opened Tuesday in Taipei in an effort to promote Chinese investments in Taiwan and to help Taiwanese businesses access the Chinese market.

For Chinese enterprises seeking to invest in Taiwan, the centers services will include providing studies on Taiwans industrial development, drafting commercial investment plans, offering guidance on opening new business and helping to market products, said William Wu, chairman of the Greater China Chain Management Association, which established the commerce center.

In addition, the center will help Taiwanese businesses in the cultural and creative industry and in the trade-in-services sector to enter the Chinese market, Wu said.

Cosmetology, health checks, postpartum care, biotech and elderly care are some of the services that will be promoted, he said, noting that there has been high demand in China in recent years for such services.

“Some women are willing to pay up to 1 million yuan for postpartum care,” Wu said.

The Greater China Chain Management Association was founded in 2009 to promote exchanges and cooperation between operators of chain enterprises on both sides of the Taiwan Strait. Since then, the organization has helped many Taiwanese chains, including 85C Bakery Cafe and Yonghe Soybean Milk, to set up shop in China.

The opening ceremony for the center was attended by Straits Exchange Foundation (SEF) Chairman Lin Join-sane and several Taiwanese politicians including ruling Kuomintang Vice Chairman (KMT) Tseng Yung-chuan, KMT central standing committee member Wu Chih-kang and opposition People First Party Secretary-General Chin Chin-sheng.

The SEF is Taiwans intermediary body in charge of exchanges with China in the absence of official ties.

(By Scarlett Chai and Elizabeth Hsu)

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