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Taiwan businesses benefit from mainland market opportunities: expert

China

China

China

Taiwan businesses benefit from mainland market opportunities: expert

2026-04-09 16:48 Last Updated At:04-10 00:57

Businesses from China's Taiwan Region hope for peace and improved ties across the Taiwan Strait, as the mainland market, in particular the Yangtze River Delta, provides vast opportunities for their development, said Wang Hailiang, director of the Shanghai Institute for East Asian Studies.

The comments come as the Chinese Kuomintang (KMT) party, led by its chairwoman Cheng Li-wun, is on a visit to the mainland that will run through Sunday.

The delegation is scheduled to visit Jiangsu Province, Shanghai and Beijing, marking the first time in a decade that a KMT chairperson has led a delegation to the mainland.

In an interview with China Global Television Network (CGTN), Wang said following the visit to Jiangsu, Cheng will take part in a series of economic, trade, and people-to-people exchange activities with Taiwan business people and students in Shanghai.

"After her visit to Nanjing, she is expected to host a large-scale symposium in Shanghai with Taiwan business people and students in Shanghai and even some Taiwan compatriots from neighboring regions. Through this symposium, she aims to gain an understanding of their investments, business operations, and commercial activities on the mainland, as well as listen to their opinions and suggestions, and, of course, learn about their concerns," Wang said.

According to Wang, Taiwan businesses have benefited from the opportunities in the Yangtze River Delta region.

"For Taiwan investors, enterprises and compatriots in the Yangtze River Delta region, their long-term development here has essentially led them to the conclusion that the region's development momentum has consistently been strong, and its future prospects are promising. The benefits Taiwan has reaped from the mainland, particularly from the Yangtze River Delta region, are quite substantial. According to the figures I've seen, in 2025, Taiwan's trade surplus to the mainland is around 150 billion US dollars. This clearly demonstrates that their decision to operate and develop here was the right one, so naturally, they hope for the overall improvement of cross-Strait relations, as that would be beneficial for them. Consequently, when Cheng Li-wun referred to her six-day visit as a peace tour, she received widespread support from the Taiwan business community," he said.

Looking at the bigger picture, Wang said people in Taiwan cherish peace across the Taiwan Strait, and hope that Cheng's visit will improve cross-Strait economic, trade, and people-to-people exchanges.

"Peace is the greatest common divisor for Taiwan. In fact, it is something that people on both sides of the strait strongly support. We look forward to Cheng's upcoming visit, which we believe will play a positive role in the peaceful development of cross-Strait relations," Wang said.

Taiwan businesses benefit from mainland market opportunities: expert

Taiwan businesses benefit from mainland market opportunities: expert

China's consumer goods industry got off to a good start in 2026, with main indicators registering steady growth in the first two months, according to the data from the Ministry of Industry and Information Technology.

The value added of enterprises above the designated size -- whose annual main business income reaches 20 million yuan (about 2.93 million U.S. dollars) or more -- in this sector increased by 4.8 percent year on year in January and February, accounting for 29.2 percent of the total value added, 3.1 percentage points higher than that of last year. Among the 14 major industry categories, 10 achieved positive growth.

In the two months, these enterprises achieved a business revenue of approximately 5.1 trillion yuan, up 4.4 percent year on year, while the total retail sales of consumer goods exceeded 8.6 trillion yuan, a year-on-year increase of 2.8 percent.

"The first two months were in the traditional peak consumption season, driving the growth of orders and helping to unleash production capacity in the consumer goods industry. Some emerging consumption patterns, such as experience consumption and trendy toy consumption, grew rapidly, and the supply market showed a diversified growth trend," said Dai Xiaoxia, deputy director of the Institute of Consumer Goods Industry Research of China Center for Information Industry Development.

In terms of foreign trade, exporters above the designated size delivered consumer goods worth around 592.54 billion yuan, up 2.2 percent year on year, with the pharmaceutical manufacturing industry, the papermaking and paper products industry registering relatively rapid growth.

China will increase the supply of high-quality products in the consumer goods industry, steadily promoting the intelligent, green and integrated development of the sector.

China's consumer goods industry posts steady growth in first 2 months

China's consumer goods industry posts steady growth in first 2 months

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