The recent years witnessed increasingly frequent exchanges and fruitful economic and trade cooperation between Changsha and Taiwan. Till the end of 2010, 533 Taiwan-funded enterprises were approved in Changsha, contributing a total investment of 3 billion USD. Many large Taiwan-funded corporations including Want Want China Holdings Limited and Uni-President Enterprises Corporation (UPEC) set up subsidiaries in Changsha.
Established in 2001, the Taiwan Investment Enterprises Association of Changsha has served as a bridge for communication between the municipal government and Taiwan-funded enterprises and played a positive role in promoting the business solicitation and Changsha-Taiwan exchanges.
Xie hoped that the two sides will deepen communication in all sectors. He also invited more Taiwan compatriots to Changsha for sight-seeing and business investment.