Business Brisk Between Xiamen, Taiwan

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Last updated at: (Beijing Time) Sunday, July 21, 2002

Business Brisk Between Xiamen, Taiwan

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The two-way trade value between Taiwan and Xiamen in east China's Fujian Province soared by 19.4 percent to reach 938 million US dollars in the first half of this year, according to the local customs house.

Xiamen bought products from Taiwan worth 796 million US dollarsin the past six months, up by 19.2 percent, and sold to Taiwan goods valued at 142 million US dollars, up by 20.4 percent.

A total of 81 Taiwan-funded businesses were set up in Xiamen inthe past six months, with a combined contractual value of 568 million US dollars - tripling the figure for the same period lastyear.

Taiwan has long been a major trading partner for Xiamen and itschief source of imports.

Direct sea trade from both sides of the Taiwan Straits has grown steadily in recent years, statistics show. In the first halfof this year, 680 vessels laden with 1.1 million tons of cargo shuttled between the two places.

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