The two sides also agree to open chartered flights for emergency medical purposes, first aid for the disabled alongside the cargo services.
Air cargo from Taiwan is usually first transported to Hong Kong and carried from that special administrative region by the Shanghai-based China Eastern Airlines or the Hong Kong based Dragon Air to Shanghai.
It's believed the operation of chartered cargo flights will help slash transport costs and promote trade and economic cooperation between the two sides across the Taiwan Straits.
Some analysts believe the start of chartered flights for festivals and cargo services could be a big step toward Taiwan lifting a five-decade ban on regular air links across the Straits. Cross-straits chartered flights with stopovers in Hong Kong or Macao began during the Spring Festival of 2003.