China for more Taiwan investment in mainland
Afp, Beijing
Chinese President Hu Jintao has pledged better economic conditions for Taiwanese companies investing in the mainland and urged the island to establish direct links with China, state press said Sunday. Hu was speaking Saturday to a group of Taiwanese businessmen in Fujian province, into which Taiwanese companies have ploughed billions of dollars of investment, the People's Daily reported. "Your enterprises have grown very fast and this again shows that the investment by Taiwan businesses is beneficial to better profits, is beneficial to developing cross strait economic cooperation and is in the interests of pushing forward common economic development," Hu was quoted as saying. "We welcome more Taiwan compatriots to come to the mainland to develop and through open cooperation, create wealth for both sides of the strait.
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