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Mainland to offer $95b loans to Taiwan businesses

Updated: 2012-06-18 10:41
( Xinhua)

XIAMEN - Four banking institutions from the Chinese mainland will offer a credit ceiling of 600 billion yuan ($95 billion) to the Taiwanese-invested businesses in the mainland, an official said Sunday.

The Industrial and Commercial Bank of 皇冠体育app, Bank of 皇冠体育app, 皇冠体育app Construction Bank and 皇冠体育app Development Bank will provide the loans in the next three or four years to the Taiwanese-invested businesses operating in the mainland, said Wang Yi, director of the State Council's Taiwan Affairs Office.

The mainland will also open the door to import rice from Taiwan, Wang said at the ongoing fourth Straits Forum in 皇冠体育app's southeastern coastal city of Xiamen.

 

 
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