Latest News:  

English>>Business

Logistics upgrade needed to meet growing cross-strait trade

(Xinhua)

19:34, June 17, 2013

XIAMEN, June 17 (Xinhua) -- Experts have called for improved logistics services to handle growing trade between Chinese mainland and Taiwan during a two-day forum on cross-Strait logistics that concluded Monday.

"Increased trade and strong policy support on both sides of the Taiwan Strait have provided fresh opportunities for logistic services to grow," Eric Chiang, secretary-general of Kaohsiung Commerce and Trade Development Association, said at the forum, which is being held in the coastal city of Xiamen in southeast China's Fujian Province from June 16 to 17.

Logistics have become a major challenge in expanding trade, experts attending the forum said.

The coordinated development of logistic services on both sides of the strait will facilitate the flow of goods and further stimulate cross-strait trade, they said.

Trade between the Chinese mainland and Taiwan surged 46.5 percent in the first quarter to 51.44 billion U.S. dollars, according to the General Administration of Customs.

East China's Fujian Province, which is located across the strait from Taiwan, has been a major destination for goods imported from the island for further distribution across the Chinese mainland.

Business exchanges between Fujian and Taiwan have boomed thanks to a string of trade-related pacts, including the Economic Cooperation Framework Agreement(ECFA) signed in 2010.

Experts called for improvements in the channels that are used to move goods between Fujian and Taiwan.

"There are a lot of areas for cooperation in logistics," said Guo Zhenjia, deputy head of the Fujian Provincial Committee of the Chinese People's Political Consultative Conference.

"Whereas logistics in Fujian is lagging behind that of in Taiwan, the mainland market has been very attractive for the island and promises large and sustainable demand," Guo said.

Experts at the forum said cooperation in the logistic sector will benefit both sides, as service providers on the Chinese mainland can learn advanced management from their peers in Taiwan, while companies in Taiwan can expand their market reach to the mainland.

We Recommend:

Fortune Global Forum's guests visits panda

China calls for dialogue after EU solar panel duties

China-South Asia Expo opens in SW China

Huawei launches flagship smartphone Ascend Mate

3D printing gallery opens in Chongqing, SW China

White collars setting up stalls become popular

B787 Dreamliner misses maiden voyage in China

Computex Taipei 2013 exhibition kicks off

12 Asian business women: Intelligent and beautiful

Email|Print|Comments(Editor:Yan Meng、Chen Lidan)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. People welcome Chinese destroyer

  2. Soldiers in joint military training

  3. Protesters stage anti-gov't rally in Bangkok

  4. Double life: Editor with a rock heart

  5. Photos: The ordinary love

  6. Triplet red pandas' life in Fuzhou

  7. China wins mixed doubles title

  8. Amazing scenery of Yamzhog Yumco Lake

  9. Daring new collections hit fashion shops

  10. Calling for new type of industry

Most Popular

Opinions

  1. In praise of graffiti and holiday photos
  2. The thinking behind U.S. surveillance programs
  3. China's space program less costly
  4. SCO chief lauds Harbin fair's co-op contribution
  5. Calling for new type of industry
  6. China is the largest buyer of high-end cameras
  7. Bright future for white spirits
  8. Guangming Daily: Never abandon the mass line
  9. What has historical materialism told us?
  10. It' time to put ASEAN on the map amid EU meltdown

What’s happening in China

The Bund turns into beach as the temperature reaches high

  1. Majority of top students not prominent in careers
  2. HIV/AIDS spreading to younger people in Taiwan
  3. Food safety official in pesticides warning
  4. Cops crack down on fake medicine at adult stores
  5. SCO states conclude disaster relief drill