Taipei Deputy Mayor Pai Hsiu-hsiung (
Building a school in the east China economic hub will deepen the already strong links between Taiwanese businessmen and their Chinese partners.
A similar school has already been set up in Dongguang in Guangdong Province, where the town's economy is built on Taiwanese investment.
The planned school, which will comprise a kindergarten, an elementary school and a junior high school, is part of a cross-straits effort to deepen institutionalized exchanges between Taipei and Shanghai, the paper said.
Shanghai has long been a destination for Taiwanese investment beginning with "sunset industries" such as shoe-making and food-processing in the 1980s and now featuring growing technological investment.
In Shanghai's silicon chip sector alone, Taiwan-connected companies have poured billions of dollars into new factories in the city's Zhangjiang High-Tech Park in recent years.
Pai's visit comes as relations between China and Taiwan are gathering pace despite an official ban on direct links by Taipei.
Taiwan had banned direct contact across the Strait until January when it opened the "small three links" (
China's official Xinhua news agency also this month for the first time stationed two reporters in Taipei for routine news coverage, where previously such assignments took place on an irregular basis.
Both China and Taiwan are expected to open direct links following their entry into the WTO, possibly later this year.
At present capital investment and visits from Taiwan officials are channelled through a third country or territory.
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