Taiwan: The Most Valuable And Potential Trade Area In Mainland China

The Taipei import and export business association released the 2015 global important and emerging market trade environment and development potential survey report 22.

Mainland China ranks first among the two most valuable chain integration advantages and the most potential trade areas.

The report points out that the most

The top three trade areas that integrate advantages are the mainland, the United States and Germany.

Mainland and Taiwan are similar in culture and geographically close. When the two sides sign ECFA (Cross Strait Economic Cooperation Framework Agreement), Taiwan businessmen can make full use of the mainland's advantages to enter the global market in the future.

In addition, the mainland's economic pformation in recent years has evolved from "world factory" to "world market", and new trade opportunities have been derived from the pformation process.

Frequently, it is regarded as the most valuable trade area with the advantage of value chain integration.

Among the most potential trade areas, Indonesia and India are second, third places behind the mainland.

The report shows that emerging markets are not only affected by the slowdown in the global economic recovery, but also contain potential for development.

Growth is expected to drive economic growth and have a positive impact on the global trade market.

The report also compared the overall trade competitiveness of the 54 major trading areas in the world. Singapore, the United States and Canada ranked the top three, while Taiwan dropped from twelfth in 2014 to fourteenth, declining for two consecutive years.

The report points out that the signing of the service trade agreement between the two sides of the Strait, which is hoped to promote cross-strait trade liberalization, will not only help Taiwan's service industry seize the mainland market, but also speed up the promotion of cross-strait trade agreements.

However, the anti trade and trade movement launched in March last year caused the political turmoil in Taiwan, which led to the temporary suspension of the trade agreement and weakened the competitiveness of Taiwan enterprises in the global trade market.

The Taipei import and export business association was founded in 1947. It is made up of the import and export enterprises in Taipei. There are more than 5600 member enterprises. It is one of Taiwan's most influential and large-scale private business groups.

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According to customs statistics, in 2014, the total value of foreign trade and import and export in Qinzhou was 32 billion 770 million yuan (the same below), which increased by 49.7% compared with the same period last year (the same below). The increase was ranked first in all regions of the city and 8 percentage points in Chongzuo, which ranked second.

The total value of imports was 20 billion 420 million yuan, an increase of 32.9%, and the total value of exports was 12 billion 350 million yuan, an increase of 89.2%.

The scale of imports and exports ranked third in all regions of the city, ranking after Chongzuo and Fangchenggang.

In 2014, Qinzhou's foreign trade imported 12 billion 330 million yuan of crude oil, an increase of 88.8%, accounting for 37.6% of the total foreign trade import and export value of Qinzhou in the same period.

It can be seen that crude oil and its finished products are the main force of foreign trade while other traditional commodities have declined.