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Taiwan associations and firms seek business opportunities

     chinadaily     2017-11-27 16:56:00    

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The Taipei office of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) organized attendance by Taiwan business associations and entrepreneurs at the China International Fair for Investment and Trade (CIFIT) held this year in Xiamen, Fujian province from Sept 18 to 21.


To help Taiwan enterprises expand their markets in the Chinese mainland, a meeting themed on looking for new opportunities in free trade zones was held.


Li Rongmin, director of the Taipei office of CCCME, said during the meeting that the Belt and Road Initiative and the BRICS Plus model issued at the BRICS Summit this year have brought more opportunities for Chinese enterprises to cooperate with surrounding countries and regions.


Furthermore, platforms such as free trade zones, cross-Straits industrial parks, and cross-Straits youth startup bases, and preferential policies for Taiwan people in various aspects have promoted cross-Straits exchange in goods, service, capital and personnel.


He also pointed out that the Chinese mainland boasts huge business opportunities in emerging fields including smart manufacturing, smart cities, precision medicine and cross-border e-commerce.


Li suggested that Taiwan enterprises should make innovations in their marketing, expand their mid and high-end markets, and turn to e-commerce. Only in this way, he felt, can they benefit from the Chinese mainland’s internationalized development.


The Taiwan entrepreneurs also attended the 12th Cross-Straits Economic and Trade Cooperation and Development Forum where keynote speeches were delivered by experts on business from Taiwan and the Chinese mainland analyzing the role Taiwan businesses can play in the supply-side structural reform.


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