On sep.27, a latest announcement was revealed by Fujian provincial authorities. It is  announced that in order to further industrial cooperation with Taiwan, Pingtan Island is to be set up as a special economic zone.

Nowadays, Pingtan Island, the fifth largest island in China, attracts the attention of experts from both sides of the straits. Considering its location, the experts are trying to found a new model for the island, which lies 28 km from the provincial capital Fuzhou and about 120 km from Taiwan.

In order to bring benefit for Read more…

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With the approaching of Shanghai World Expo, Taiwan may agree to lend part of the famous Song Dynasty painting, Riverside Scene at the Pure Moon Festival, to Shanghai on the condition that Beijing only keeps the other part of which would be displayed at 2010 World Expo.

Recently, the director of Taipei’s “National Palace Museum” Chou Kung-Shi had visited the Forbidden City. After being impressed by Read more…

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China, economy, expo, Shanghai, Taiwan, world

Hong Kong’s earnings may be influenced by the direct links between mainland and Taiwan for now but it could gain a lot from the booming cross-Straits business in the long run, according to economists.

Planes and ships flying across the Straits earlier could not finish the journey directly. They usually had to transfer at Hong Kong or Macao special administrative region (SARs).

Now the direct routes could make Hong Kong lose about HK$10 million, or 3.4% of its external trade, Read more…

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