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Cross-straits trade up 34.8% in H1

published:2013-08-06

Trade between the Chinese mainland and Taiwan totaled $101.14 billion in the first half , up 34.8 percent from the same period last year, according to figures from the Ministry of Commerce.

The mainland's exports to Taiwan from January to June were worth $21.01 billion, up 27.4 percent year on year, while its imports from the island stood at $80.12 billion, an increase of 36.9 percent year on year, ministry figures showed.

Cross-straits trade in June was worth $14.17 billion, down 12.7 percent from the previous month.

During the first half, the mainland approved 983 Taiwan investment projects, down 10 percent year on year. The actual use of investment reached $1.26 billion, down 22 percent year on year.

As of June 2013, the mainland had approved 88,984 Taiwan investment projects with a cumulative investment of $58.31 billion, accounting for 4.4 percent of the total investment the mainland has attracted from outside.

Taiwan is the mainland's fourth-biggest import source and seventh-biggest trade partner, according to the ministry.

Sources of information: CHINA ECONOMIC NET