The China Development Bank and Huaxia Bank have both taken
active measures to fulfill their promises of supporting
Taiwan-funded companies on the Chinese mainland, said a mainland
official on Wednesday.
The China Development Bank has offered more than 3 billion yuan
(US$375 million) of loans to Taiwan-funded companies and is now
developing new ways of facilitating growth of small and
medium-sized Taiwan enterprises on the mainland, said Li Weiyi,
spokesman of the State Council Taiwan Affairs Office.
Huaxia Bank has also granted more than 60 Taiwan-funded
enterprises credit worth 3 billion yuan, Li said.
The two banks have signed agreements with the State Council
Taiwan Affairs Office, promising to render priority financial
services to Taiwan-funded companies recommended by the office.
The two banks are now trying to expand their services to
hundreds of Taiwan-funded companies on the mainland, Li said.
"We will provide better service for Taiwan-funded businesses
next year and further optimize the fund-raising environment for
them," he said.
Meanwhile, he also urged Taiwan Authorities to remove obstacles
to cross-Strait financial cooperation and exchanges to make it
possible for Taiwan banking industry to share business
opportunities on the mainland, which is opening its financial
markets under its commitments to the World Trade Organization
(WTO).
"Opportunity knocks but once. This is especially true in the
business world, which is like a battlefield, "said Li, adding that
entrepreneurs on the island are eager for such opportunities.
Li said the mainland has held a persistent and positive attitude
towards the issue, and he hopes Taiwan authorities would also adopt
a positive attitude.
(Xinhua News Agency December 14, 2006)