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  • Beijing News
    Date: 12-Apr-2007 Sources: (Xinhua Online)

    A national Taiwan-funded Enterprises Association will be founded on April 16 in Beijing, a mainland official said here on Wednesday.

    Yang Yi, spokesman with the Taiwan Affairs Office of the State Council, said the association would be a non-profit organization initiated by Taiwan business people and based on local associations of Taiwan-funded firms.

    It would operate and develop independently to provide services for its member companies, protect their legal rights, and promote the cross-Strait economic exchanges and cooperation, Yang said.

    The Taiwan Affairs Office is responsible for guiding and supervising the operation of the association, which would serve as a bridge between Taiwan-funded companies and the central government, he said.

    The mainland had approved 68,000 ventures in which Taiwan business people had invested 41.7 billion U.S. dollars by the end of 2005.


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