Though Taiwanese investors are not allowed to invest more than US$50 million in any single investment project in China, the government may begin approving projects over that amount.
Still, the project must not be detrimental to the nation's domestic economy, or threaten national security, government officials said.
The proposal was put forth by a task force reviewing the nation's "no haste, be patient" investment policy toward China. The task force is led by the Ministry of Economic Affairs.
"For investment cases exceeding the US$50 million cap, the ministry will set up a team to evaluate these projects on a case-by-case basis depending on the nature of the business, the source of capital and its possible impact on the domestic economy," said Steve Chen (
"If the investment application is good for the domestic economy and won't endanger national security, the investing ceilings for these cases might possibly be adjusted," Chen said.
According to Chen, the task force will evaluate the potential impact looser regulations could have on Taiwan's capital supply and the nation's economic reliance on China.
Members of the task force, which was created earlier this month, include Lin Hsin-yi (
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