Chinese mainland announced on Wednesday preferential polices to
facilitate Taiwan farmers starting business elsewhere in China.
Taiwan farmers, who plan to start business in the mainland's
cross-strait agricultural co-operation experimental zones and
business incubator parks for farmers, can directly make
applications to county or city administrations for industry and
commerce.
Compared with existing policies for Taiwan company's
registration, the new policies for farmers is simplified, said Pan
Haimin, an official with the State Administration for Industry and
Commerce (SAIC).
"The local administrations will directly approve qualified
applicants and applicants need not get approval from the overseas
fund administrations of the mainland," Pan said.
"The new polices have no minimum registered capital requirements
for the applicants," he stressed at the regular press conference
held by the Taiwan Affairs Office of the State Council.
Taiwan companies, which plan to open their companies on the
mainland, must get approval from the overseas fund administrations
and there are also requirements for minimum registered capital.
According to the polices, which will go into effect on Dec. 1
this year, farmers can engage in planting, aquatic breeding, animal
or poultry farming, agricultural products processing, export and
import of agricultural products, exchanges and promotion of
agricultural technology.
Currently, 11 provinces have established cross-strait
agricultural cooperation experimental zones and four provinces and
municipalities have set up business incubator parks for Taiwan
farmers.
Pan said the local administrations of commerce and industry will
offer free consultations on these new policies and people can also
log on the official website of the state administration www.saic.gov.cn for more
information.
(Xinhua News Agency November 28, 2007)