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Taiwan Investors Flood Into Jiangsu
Following in the footsteps of Fujian and Guangdong provinces, East China's Jiangsu Province has become a new centre for Taiwanese investment.

Taiwan factories and companies have dotted the landscape in cities in Jiangsu such as Suzhou, Kunshan and Wuxi.

In the first quarter of this year, the government of Kunshan approved 95 new projects with Taiwanese investment, a rise of 137 percent compared to the same period last year.

In Zhangjiagang, a county-level city under Suzhou, the number of Taiwanese-invested enterprises increased 48.6 percent in the first quarter of this year.

"None of the enterprises here are losing," said Chen Jinlong, vice-president of the association for Taiwan business people in Suzhou, who came to Zhangjiagang in 1989 to build factories.

The local governments have also worked diligently to provide a safe and sound investment environment and satisfactory living conditions.

Taiwanese businesses are attracted to the good and convenient environment of the city where 50 to 60 families from Taiwan will be moving to Zhangjiagang this year, said Chen.

Taiwanese in Zhangjiagang have medical care cards to a health centre that has been specially set up for them.

Kunshan No 1 People's Hospital has also opened a health centre for investors.

Kunshan's city government has a service centre especially for investors.

(China Daily April 27, 2002)

Business Ties with Taiwan Deepen
Taiwan Will Partly Open to Mainland Investment
Jiangsu Attracts Taiwan Investors
East China Province to Simplify Exit-Entry Procedures
Overseas Capital Flows to Wuxi
Garden City Attracts More Foreign Investment
Taxes from Foreign-funded Companies Swell in East China Province
Jiangsu County Seeks More Foreign Investment
Private Businesses in Suzhou Keen on Cooperation With Overseas Investors
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