Cross-strait trade up 34.8 pct in H1

Trade between the Chinese mainland and Taiwan totaled 101.14 billion U.S. dollars in the first half, up 34.8 percent from the same period last year, according to figures from the Ministry of Commerce.

The mainland's exports to Taiwan from January to June were worth 21.01 billion U.S. dollars, up 27.4 percent year on year, while its imports from the island stood at 80.12 billion U.S. dollars, an increase of 36.9 percent year on year, ministry figures showed.

Cross-strait trade in June was worth 14.17 billion U.S. dollars, down 12.7 percent from the previous month.

During the first half, the mainland approved 983 Taiwanese investment projects, down 10 percent year on year. The actual use of investment reached 1.26 billion U.S. dollars, down 22 percent year on year.

As of June 2013, the mainland had approved 88,984 Taiwanese investment projects with a cumulative investment of 58.31 billion U.S. dollars, accounting for 4.4 percent of the total investment the mainland has attracted from outside.

Taiwan is the mainland's fourth-biggest import source and seventh-biggest trade partner, according to the ministry.

We Recommend:
Born to lead: 2nd genr of Chinese tycoons	Model in see-through dress poses at auto show	Mortgage slaves' decade in real estate fever
2013 China Int'l Boat Show kicks off in Zhoushan	China Changchun Int'l Automobile Expo kicks off	Forbes names China's 50 best CEOs
Migrant workes' high incomes not that rosy	Chinese grads' unconventional jobs	In pictures: history of China's auto industry