Arab Today, arab today china offers taiwan companies 95 bn in credit
Last Updated : GMT 11:06:47
Arab Today, arab today
Arab Today, arab today

China offers Taiwan companies $95 bn in credit

Arab Today, arab today

Arab Today, arab today China offers Taiwan companies $95 bn in credit

Beijing - AFP

China pledged Sunday to offer up to 600 billion yuan ($95 billion) in credit to Taiwanese companies on the mainland as it furthered its campaign for reunification. China will also increase access to mainland universities for Taiwanese teachers and students and allow direct cross-strait flights to three more mainland airports, Wang Yi, head of the cabinet-level Taiwan Affairs Office said. \"In order to help Taiwanese enterprises develop, mainland banks... will offer a 600 billion yuan credit ceiling over the next three to four years,\" Wang said in a speech at a forum in southeast China\'s Xiamen city. The Industrial and Commercial Bank of China, Bank of China, China Construction Bank and China Development Bank will be authorised to make the loans, he said. Wang was speaking at the Straits Forum an annual meeting aimed at bolstering ties between China and Taiwan, which Beijing considers a rebel province awaiting reunification. The new moves were aimed at boosting trade and tourism between the two sides, Wang said. China will also extend the validity of mainland residential permits for Taiwanese from one year to two years, he said in the speech that was posted on his office\'s website. In addition Taiwanese professors will be given equal status to apply for work in mainland universities after receiving \"educational permits\", he said, while Taiwanese students graduating from Chinese universities will be allowed to seek public sector jobs in China. Trade between China and Taiwan has boomed over the past two decades, increasing by 10 percent last year to $160 billion, according to China\'s trade ministry. Ties improved markedly after Taiwan President Ma Ying-jeou of the China-friendly Kuomintang party took power in 2008 on a platform of promoting trade and reconciliation with the mainland. Taiwan has been a major investor in China in recent years, providing more than $100 billion in finance, according to some estimates, as well as offering crucial technological know-how. More than 550 flights between China and Taiwan take place a week to around 30 mainland airports, as tourism has boomed since direct air links were authorised in 2009. Taiwan and China are still technically at war and Beijing has refused to renounce the use of force against the island despite the fact it has governed itself for more than six decades.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china offers taiwan companies 95 bn in credit Arab Today, arab today china offers taiwan companies 95 bn in credit

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china offers taiwan companies 95 bn in credit Arab Today, arab today china offers taiwan companies 95 bn in credit

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Barcelona through George Orwell’s eyes

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Residents get glimpse of Raqa in ruins

GMT 07:10 2017 Saturday ,21 October

Residents get glimpse of Raqa in ruins
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 09:56 2017 Friday ,20 October

Privacy Groups Warn of Perils

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday