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Cross-straits funds boost 'Taiwan-friendly' industry park

By Feng Zhiwei and Yu Jiming | China Daily | Updated: 2009-06-05 08:10

Cross-straits funds boost 'Taiwan-friendly' industry park

The Jiuhua Economic Development Zone is now home to more than 130 industrial projects, including major plants for some of the world's largest companies, such as Siemens, GE, United Electronics and Samsung.

With the global economy still teetering between a slight recovery and the possibility of a further downturn, entrepreneurs from across the Straits are increasingly looking to the Chinese mainland for financial salvation. The moves come as China has been widely perceived as bucking international trends by maintaining strong domestic consumer demand.

Cross-straits funds boost 'Taiwan-friendly' industry park

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