Trade: Trade between mainland, Taiwan busts $100 billion mark

(Xinhua)
Updated: 2007-01-17 15:34

Trade between the Chinese mainland and Taiwan hit a record high of 107.8 billion U.S. dollars in 2006, Taiwan Affairs Office of the State Council spokesman Yang Yi said on Wednesday.

This is the first time trade has exceeded 100 billion U.S. dollars, Yang stressed, adding that it had risen 18.2 percent on the previous year.

Mainland exports to Taiwan reached 20.74 billion U.S. dollars, up 25.3 percent year-on-year and imports totaled 87.11 billion U.S. dollars, up 16.6 percent, said Yang Yi.

According to Chinese Ministry of Commerce statistics, the mainland approved 3,752 Taiwan-funded projects in 2006 worth 11.34billion U.S. dollars. The funds actually used reached 2.14 billionU.S. dollars, the ministry said.

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