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TAIWAN TO RELEASE REGULATIONS ON CHINESE INVESTMENT LATE MAY.

AsiaPulse News

| May 01, 2009 | COPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, May 1 Asia Pulse - The regulations governing Chinese investment in Taiwan and the list of permitted fields of investment are expected to be released in late May, paving the way for Taiwan's official opening to investment from China, Minister of Economic Affairs Yiin Chii-ming said Thursday.

Yiin said the government will adopt a gradual approach in opening up to Chinese investment, with initially strict restrictions and an incremental expansion of the permitted fields.

In the initial stage, 63 industries in the manufacturing sector will be opened up, which will account for 30 percent of the total 212 businesses, Yiin said.

In the services sector, 24 industries will be opened up, accounting for 21 percent of the total 113, he said.

As to ...

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