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| Author: | Fang, Ningsheng |
| Title: | 21st century: marching towards "China economic zone" (original in Chinese) |
| Journal: | Special Zone Economy (c)
1999 : 2, p.9-11 |
| Index terms: | REGIONAL DEVELOPMENT CO-OPERATION CHINA TAIWAN |
| Language: | chn |
| Abstract: | "China economic zone" is a regional economic group which includes the mainland, Hongkong, Macao and Taiwan. It is within the scope of one nation's territory and is based on different economic system. The integral tendency of economies on both sides of Taiwan strait in the 21st century is unavoidable. Specifically, manufacturing industries on both sides will further integrate. At present, 70 percent of Taiwan's manufacturing industry has invested in the mainland. Large enterprises in Taiwan are becoming the main force of investment on the mainland and 70 percent of large and medium-sized firms have invested on the mainland. Faced with the transfer from seller's market to buyer's market on the mainland, the expansion of domestic demands has become the new goal for businessmen's investment from Taiwan. |
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