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Ministry of Commerce calls for less import restrictions from Taiwan
2013/12/24 15:13:32 Source:CCTV.com

Trade deficit of the Chinese mainland with Taiwan has increased, due to Taiwan’s strict restrictions on mainland imports.

The Ministry of Commerce says cross-Strait trade volume rose to 180 billion U.S dollars in the first 11 months of this year, up nearly 19 percent from a year ago. The mainland logged a 22% rise in trade deficit to over 106 billion U.S dollars. Imports from Taiwan to the mainland has been rising due to positive trade policies, and demand from Taiwanese factories’ mainland operations.

Spokesperson Shen Danyang has called for Taiwan to relax restrictions on imports. He adds Taiwan should speed up trade negotiations, or ECFA between the two sides.


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