Investments across the Taiwan Strait soared 92.7 percent year-on-year to US$2.3 billion in the 11 months to November, official data showed yesterday.
A total of 594 investment applications were approved in the January-to-November period, mostly electric and electronics-related manufacturing projects, the Investment Commission said.
More than 80 percent of the investment went to Jiangsu and Guangdong provinces, it said.
In the 11-month period, the commission also approved foreign investment in Taiwan of US$6.85 billion, up 92.7 percent on the same period last year, while outbound investment to countries other than China went up 22.7 percent to US$3.77 billion.
Taiwan currently bans projects worth more than US$50 million and investments in the high-tech and infrastucture sectors in China.
RSS