Currently, Taiwanese businesses are banned from investing more than 40 percent of their net value in China.
But Hu, from the Council for Economic Planning and Development, said the policy still needs to get the green light from the National Security Council.
On Wednesday, Taiwan Thinktank chairman Chen Po-chih (陳博志), also former chairman of the council, told reporters that the limit should be relaxed if the investing businesses are not in debt in Taiwan, if they are not involved in any labor disputes and if their scale of production does not rely heavily on their operations in China.
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