Taiwan'S Economic Lifting Is Intended To Recall Taiwan'S Foreign Enterprises?

With the thaw of cross-strait relations, there will be as many as 66 financial laws and regulations loosening up in Taiwan in the next year and a half, so that many former Taiwan businessmen who have moved westward are legally and darkening.

The scope of deregulation is deep and wide, and is described as an economic "martial law" in Taiwan.

Under this new situation, some Taiwanese businessmen have planned to return to Taiwan to set up their headquarters and raise funds on the market.

Integrated Taiwan media reported that Taiwan's confidence in boosting economic confidence has been put forward by the Taiwan Executive Yuan, which includes a number of new cross-strait economic and trade measures, including a huge deregulation of the investment limit of Taiwanese enterprises to mainland China, which was substantially relaxed to 60% from the current 40% and was implemented in August 1st.

In addition, enterprises that set up headquarters in Taiwan are more likely to relax investment restrictions on the mainland.

The relevant measures will be put forward by the HKMA, including the first listing of overseas enterprises, the fundraising after the second listing, and the raising of funds by domestic and foreign enterprises on the island, which will be applied to the mainland.

Chen Tianzhi, chairman of the Council, said that restrictions on landing investment would not only allow Taiwanese businessmen to invest too much in mainland China, but also effectively attract Taiwanese businessmen to return to Taiwan and set up their headquarters.

He admits that for many Taiwanese businessmen, the difference between 40% and 60% is not large, and the move of funds is still tied up. Therefore, the Ministry of economic affairs will design and return to Taiwan to set up an operation headquarters so as to enjoy the super preferential treatment of unlimited investment in the mainland.

It is reported that TSMC, Formosa Plastics, China Petroleum, Yingda, Yinghua, Volkswagen, Datong, unified super business, Shanghai commercial bank, Fubang bank, Zhaofeng commercial bank, Yuan Da JINGWAH, Nanshan life insurance and China Airlines 577 operations headquarters, the future landing investment quota is not limited.

In addition, Chen Tianzhi said the data show that companies like Wangwang group, Daphne shoes, information center, TONYWEAR and so on may also return to Taiwan to set up operations headquarters.

Before the end of the year, the Executive Yuan will complete 66 regulations and 67 issues untied. After next year, 121 laws and regulations will be pushed forward, and 142 issues will be relaxed. In addition, Ma Ying-Jeou has loosed 40 laws and regulations after taking office, and has promoted 227 regulations and 241 issues.

After next year, the key points for loosening ties between the two sides of the Straits include promoting the recognition of higher academic qualifications such as the mainland and opening 121 branches to mainland China.

Before the end of the year, the mainland's securities and futures industry opened up in July, and the securities and futures investment companies opened direct investment to mainland China. In July, the mainland opened up the securities and investment trust business. The mainland people went to Taiwan to engage in marine entertainment and fishery activities. In July, Taiwan and Hong Kong ETF listed each other for 7-8 months to relax the forty percent net value limit for mainland investment. In August, the mainland's major investment case review procedures were simplified, the restrictions on corporate investment for mainland investment were relaxed, and the futures trust fund and futures manager's business were adjusted reasonably. The investment in mainland China was invested by full discretionary assets.

Restrictions on specific industries should be limited in December to relax restrictions on investment in land related stocks by private equity funds in December.