Taiwan official announces 100 opening of land-funded approach to Taiwan

China News Agency, Taipei, June 30--Taiwan's official 30th announced the land-funded approach to Taiwan, the first phase will open 100. According to the text provided to reporters by Taiwan's Ministry of Economy, the third "Chenjiang talks" reached a consensus at the end of April, in order to open land to Taiwan investment, "Ministry of Economy" to draw up "mainland China's people to Taiwan investment licensing measures", "mainland China's for-profit enterprises in Taiwan to set up branches or offices licensing measures", since 30th effective implementation,　　And from the same day onwards, the formal acceptance of land to Taiwan investment or set up an Office application. The main contents of the "licensing scheme" include: "Prior permit system"; set "strict management threshold", the mainland people, legal persons, groups or other institutions, directly or indirectly holding a third company shares or capital contribution of more than 30%, or to the third company has control capacity, also regarded as land capital;　　, if a single or cumulative investment stake of 10% or above is considered as a direct investment, a "defensive clause" is established and a "follow-up audit mechanism" is set up for the shares of land-enterprise investment listed, on-Ark and Hing-Ark Company. As for the opening up of investment projects in Taiwan, we will review them on the basis of the principle of "tightening up and widening", "progressing progressively" and "having the results expanded", and adopt a "positive form" approach to open the stage in stages.　　The first phase of the Open project, "Executive Yuan" was approved on June 29, the "Ministry of Economy" is carrying out the assignment, the same day (June 30) entry into force. The first phase of the open project is 100.　　Among them, 64 manufacturing industries, including automobiles, textiles, rubber products, plastic products industry and so on, accounted for 30% of the 212 items in Taiwan's manufacturing industry. Part of the service sector, the opening of 25 items, which accounted for the 113 of Taiwan's WTO commitments to open the service sector 22%, was converted into the Taiwan Industry standard classification, which amounted to 117 items in the open services sector, accounting for 36% of the total services sector, including wholesale, retail, Mainland Chinese operators come to Taiwan to set up shipping and Civil Aviation Transportation Branch.　　Lawyers, accountants, construction and related engineering services are temporarily closed. The public construction section, opening 11 items, accounts for 14% of the 81 categories of related category. The Open land Capital invests by the folk participation way, but for public works, its contract part is temporarily not open.　　In the first stage of the opening of the project, "Civil aviation stations and their facilities" shall be located on the land side of the air station and not in the control area, with a limit on the land-holding ratio, and the "port and its facilities", which stipulate the limit of land-holding ratio and the lower total investment　　The text of "Ministry of Economy" said that the relevant regulations and supporting measures of land-invested investment in Taiwan, as well as the stay, medical treatment, schooling, financial needs and purchase of real estate of the mainland investors and their dependants, have also been completed by the relevant authorities.　　The text points out that as of this May, Taiwan's total approved investment in the mainland has exceeded $77.1 billion trillion, and the opening of land to Taiwan will help the two sides complement each other and win mutually beneficial benefits 30th afternoon, Taiwan Economic Department"Here at the press conference," Undersecretary of Government "Dengzhen and other people on land capital to Taiwan to make a statement. Dozens of reporters to the scene to interview, ask questions. Finish)