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Foreign and overseas Chinese investment in Taiwan down in 2013
Central News Agency
2014-01-20 11:35 PM
Taipei, Jan. 20 (CNA) Approved foreign and overseas Chinese investment in Taiwan totaled US$4.93 billion in 2013, down 11.25 percent year-on-year. according to the statistics compiled by the Investment Commission of the Ministry of Economic Affairs Monday. The commission attributed the decline to a high comparison basis from the previous year, noting that as the number of investment projects increased, it showed that foreign investors are still looking at Taiwan's market in a positive light. In comparison, approved outbound investment excluding China totaled US$5.23 billion in 2013, down 35.39 year-on-year, the commission said. Approved Taiwanese investment in China totaled US$8.68 billion in 2013. The number of investment projects and amounts showed a decline of 3.08 percent and 20.5 percent, respectively. Investment in China showed a negative growth for the second consecutive year. (By Huang Chiao-wen and Lilian Wu)
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