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Taiwan sees big jump in orders from mainland

Taiwan sees big jump in orders from mainland

Write: Stefanie [2011-05-20]

BEIJING: Taiwan received 8.59 billion yuan worth of orders from the Chinese mainland in January, up 134.99 percent year-on-year, according to the island's economic department.

It received a total of $30.37 billion of orders from outside the island in January, according to the department.

Following the Chinese mainland, the US provided $6.47 billion of orders and Europe $5.16 billion in January.

The Chinese mainland is now Taiwan's biggest trade partner, with the annual trade volume exceeding $100 billion for the last two years.

The mainland's trade volume with Taiwan rose 103.7 percent year-on-year to $10.25 billion in January, mainland statistics showed.