Fri, Nov 24, 2006 - Page 11 News List

Su pledges more cross-strait easing

By Jimmy Chuang  /  STAFF REPORTER

Premier Su Tseng-chang (蘇貞昌) yesterday pledged another slew of measures, including further easing of cross-strait restrictions, to help local businesses and stimulate the country's economic development.

Su said that the government would set up a business research institute, increase the number of direct charter flights as well as ease restrictions on passengers who can take the flights during a nearly three-hour closed door meeting with several representatives of local business and industry associations.

Government Information Office Minister and Cabinet Spokesman Cheng Wen-tsang (鄭文燦), who briefed reporters yesterday about the meeting, said that the government would also lift more bans against Chinese visitors to create more job opportunities.

The government would also allow the entry of an additional 10,000 foreign laborers next year, and continue to offer special low interest loans to local businesses to encourage them to invest in Taiwan instead of relocating to China, Cheng said.

Cheng said that Su had promised to do whatever it takes as long as it is beneficial to local businesses or would help increase profits.

Last week, after meeting with 30 representatives of small and medium-sized enterprises, Su said that the Cabinet would increase loans to SMEs by NT$1 trillion (US$31 billion) to NT$3.7 trillion.

The Cabinet has also approved a measure to establish a NT$20 billion public fund to invest in SMEs, Su said at the time.

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