Tianjin(GB)  |  Binhai(GB)  |  TJTV  |  Tianjin Free Trade Zone  | 

About Enorth.com.cn
  |  Chairman & President  |  Web Channels 
Home | News | Photo | Biz Tianjin | Travel in Tianjin | Learn About Tianjin | Talents in Tianjin | Binhai New Area

your position :enorth.com.cn > English > News > tianjin  content
Taiwan to invest 20b yuan in Tianjin
enorth.com.cn   2008-12-15 17:15


(China Daily)Undeterred by the current global economic crisis, Taiwan businesses will invest 20 billion yuan ($2.9 billion) in Tianjin, a top government official of the municipality said on Sunday.

"There are 22 joint projects, involving an investment of 20 billion yuan, expected to be signed between Tianjin and Taiwan," Ren Xuefeng, the vice-mayor of Tianjin, said.

Most of the projects and investment will go to the manufacturing industry, especially in sectors of electronics, chemicals and environmental protection, Wang Shupei, director of Tianjin commission of commerce, said, adding that a part of the investment would also go to agriculture and service industries.

Agricultural products, logistics, commerce, and other modern service businesses will get a chance to develop further due to the Tianjin-Taiwan economic cooperation, said Wang.

As the mainland and Taiwan enter a new era of direct air and shipping links today, with planes and ships traveling directly across the Taiwan Straits, officials assured the cooperation would only be strengthened.

"Direct shipping across the straits will prove advantageous to the electronic industry in northern part of the country as well as the imports of agricultural products in Taiwan," said Ren.

The local government of Tianjin has attracted 2,014 Taiwan enterprises, bringing in an investment of $8.2 billion, till October this year.


Most Popular

Binhai heart to Tianjin's plans
Tianjin Tianlian to get 3b yuan injection
Tianjin: promoting the energy saving level through the optimization of structure and the improvement of awareness
Tianjin High-Tech Developmental Park improves independent innovation capacity
Tianjin builds 20 important service projects
Tianjin-Binhai Light Railway makes a breakthrough in passenger flow
Memory of An Jihe, Engineer of Tianjin Tiantie Group
Tianjin Railway Station Rebuilding Project to be finished in late 2007
Tianjin Petrochemical makes all-out to forge a state-level petrochemical base
Tianjin Binhai to attract foreign investment
Tianjin gives priority to the development of public transport
City card is available in Tianjin now
Tianjin Invests 14 Million yuan, Wuqing 180 Thousand Farmers No Longer Drink Fluoric Water
“General Director” Zhang Lili Wants to Build China’s Biggest Free Trade Zone
Tianjin: “Underwater Express” passing through Xidahu Lake

Editor: Zhang Jialu

Copyright (C) 2000-2008 Enorth.com.cn, Tianjin ENORTH NETNEWS Co.,LTD.All rights reserved