14th Dongguan Taiwan Famous Products Fair rakes in billions in deals

A four-day fair focusing on trade between the Chinese mainland and Taiwan concludes in Dongguan, Guangdong province, on Sept 10, 2023. [Photo provided to chinadaily.com.cn]

A four-day fair focusing on trade between the Chinese mainland and Taiwan concluded in Dongguan, Guangdong province, on Sunday, with transactions amounting billions of yuan, according to the event's organizers.

A four-day fair focusing on trade between the Chinese mainland and Taiwan concluded in Dongguan, Guangdong province, on Sunday. [Photo provided to chinadaily.com.cn]

More than 5,000 professional buyers visited the 14th Dongguan Taiwan Famous Products Fair, helping reach 37.25 billion yuan ($5.1 billion) in intentional cooperation, the organizers said on Monday.

A four-day fair focusing on trade between the Chinese mainland and Taiwan concluded in Dongguan, Guangdong province, on Sunday. [Photo provided to chinadaily.com.cn]

On the opening day of the fair alone, purchasing agreements on agricultural products and a total of 22 investment projects worth 13.94 billion yuan were signed between several companies from the Chinese mainland and Taiwan-funded enterprises.

A four-day fair focusing on trade between the Chinese mainland and Taiwan concluded in Dongguan, Guangdong province, on Sunday. [Photo provided to chinadaily.com.cn]

Participants from business organizations and enterprises in Taiwan, Hong Kong and Macao also visited the nine cities of Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, Zhaoqing and Huizhou, looking for business opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area.

A four-day fair focusing on trade between the Chinese mainland and Taiwan concluded in Dongguan, Guangdong province, on Sunday. [Photo provided to chinadaily.com.cn]

The fair followed a general plan for deepening innovative cross-Strait development and cooperation in Dongguan, which was approved by the State Council, China's Cabinet, in early September.

"The approval of the plan for deepening innovation and cooperation between the two sides of the Taiwan Strait has boosted confidence for Taiwan-funded enterprises on the mainland," said Samuel Kuo, honorable chairman of the Association of Taiwan Investment Enterprises on the Mainland.

Source: China Daily
Editor: Lyu Yun

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