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TAIWAN GOVT URGED TO IMPROVE INVESTMENT ENVIRONMENT.

AsiaPulse News

| August 01, 2001 | COPYRIGHT 2001 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, Aug 1 Asia Pulse - A researcher with the Taipei-based Chung Hua Institute for Economic Research said Tuesday that the government should take effective steps to improve the local investment environment.

As Beijing has been offering incentives to attract Taiwan business people to invest in mainland China, researcher Ma Kai said that strategies should be worked out to allow labor-intensive industries to move to the mainland while retaining technology- and capital-intensive industries in Taiwan.

The government should understand, he noted, that the best way to retain important industries in Taiwan is to improve the investment environment, rather than prohibiting them from investing in the mainland.

Ma made the ...

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