With the continuous economic development
of the Chinese mainland, Taiwanese businessmen's investment
here has remained hot. The investment features and trends
can be expounded as a four hot-spot area of distribution,
said Li Fei, deputy president of the Research Institute
of the Relations Development Across the Straits attached
to Xiamen University. The four areas include the Yangtze
River Delta, the Pearl River Delta, the Bohai Bay Economic
Rim and the Economic Belt along the coastal line of Fujian
province, said Li Fei in an interview with reporter Lai
Jianqiang. He believes that it has been a tendency for the
investment to move along the southeast coastal line to the
north in recent years. However, it has not been obvious
so far if the central and western parts of the mainland
can become new hot spots for investment.
In recent years the three areas of Jiangsu,
Zhejiang and Shanghai, having flexible policies, have attracted
a large portion of investments. As a result, they have lured
a great group of Taiwan-funded enterprises and the Yangtze
River Delta has turned to a "big hot spot'' for investment.
The Taiwan-funded enterprises here are mainly technology-intensive
enterprises in the areas of electronics, electromechanical
and information industries as well as related auxiliary
enterprises, belonging to high-end trades.
Why is the Pearl River Delta called as a
"waste heat spot''? Li Fei explained that judging from
the capital markets, the delta has been basically saturated
for the moment and the overall investment growth is comparatively
stable and should remain fundamentally the same, except
for a small margin. According to the latest statistical
data, the total contractual Taiwanese investment in the
delta is more than 40 billion yuan, including the investment
in the third area. There will be an increase of about 1
billion US dollars each year with the actual investment
totalling more than 22 billion US dollars. "Funds are
not what the delta requires most. The promotion of industrial
technology and infrastructure is the primary requirement'',
said Li Fei.
Taiwanese businessmen have gone north and
have entered the Bohai Bay Economic Rim, forming a new "hot
spot'' here due to the gradual saturation of investment
in the Yangtze Delta, said Li Fei. "The best investment
area for the businessmen is Shandong, which is followed
by Beijing, Tianjin, Hebei and Liaoning''. In Shandong they
are inclined to invest in agriculture and manufacturing
industries, including light, textile, petrochemical and
electronic trades; in Tianjin, in enterprises with high
technical content; in Beijing, in service industries; in
Hebei and Liaoning, in traditional industries. At present,
the contractual investment in the rim has reached more than
20 billion US dollars with about 10 billion US dollars of
actual investment, close to the investment in Fujian. As
an initial place for Taiwanese businessmen's investment
on the mainland, said Li Fei, Fujian remains the "little
hot spot'' for Taiwan investment with regional, policy and
economic advantages as its main support.
Source: People's Daily