Mainland-Taiwan trade up 14.8% in Q1

Source: Xinhua | 2017-05-22

THE Chinese mainland and Taiwan did over US$41.75 billion worth of trade in the first quarter this year, up 14.8 percent year on year, according to the Ministry of Commerce.

In the first three months, exports from the mainland to Taiwan totaled US$9.34 billion, a year-on-year increase of 10 percent, while imports from Taiwan stood at US$32.41 billion, up 16.3 percent, the ministry's figures show.

Taiwan was the mainland's seventh largest trading partner and sixth biggest import source over this period.

Actual investment from Taiwan to the mainland in the period dropped 2.8 percent on a year-on-year basis to US$590 million, according to the ministry.