Guangdong Assists Taiwan Funded Shoe Enterprises Upgrading

Chen Guoxing, director of Taiwan Affairs Office of Guangdong province of China, said today that in response to the challenges faced by Taiwan funded enterprises in Guangdong, Guangdong is leading Taiwanese funded enterprises to gradually upgrade their industries and orderly pfer.

The Guangdong Provincial Association for the promotion of cross-strait exchanges held a general meeting in Guangzhou this afternoon. Chen Guoxing made the above remarks when he spoke as president of the association.

He said that in view of the characteristics and challenges faced by Taiwanese funded enterprises in Guangdong, Guangdong is implementing the development strategy of "promoting the pfer of industries in the Pearl River Delta and increasing support for the development of mountain areas".

For example, in August last year, he held the "Zhongshan torch (Yangxi) industrial pfer industrial park, Taiwan investment footwear industry base investment promotion conference", and invited more than 200 Taiwanese businessmen to participate in the footwear industry in the Pearl River Delta. At present, nine shoe manufacturers have pferred to the park.

At present, there are more than 22000 Taiwanese funded enterprises in Guangdong, one of the most concentrated provinces in Taiwan funded enterprises.

Since last year, the Chinese authorities have implemented a number of policies, including reducing tax rebates, implementing the labor contract law, and strengthening environmental protection policies. The cost of investment in Taiwan funded enterprises in Guangdong has risen sharply and business has been difficult, especially in labor-intensive enterprises.