Ministry of Economic Affairs: will continue to actively assist Taiwan businessmen to return to Taiwan to upgrade their industries

Ministry of Economic Affairs: will continue to actively assist Taiwan businessmen to return to Taiwan to upgrade their industries

In order to strengthen the ties between overseas Taiwan businessmen and Taiwan's economy, and assist Taiwan businessmen to return to Taiwan for upgrading and transformation in order to enhance their competitiveness, the Investment Department of the Ministry of Economic Affairs has been promoting Taiwan businessmen to return to Taiwan to invest in their business since September 1995. Taiwan businessmen are encouraged to take advantage of Taiwan's innovative R & D energy and complete industrial settlements to return to Taiwan for technological upgrading and invest in the development of emerging industries, with Taiwan as the core base of the global layout.

Attracting Taiwan businessmen to return to Taiwan for investment has grown year by year. From September 1995 to December 104, there were a total of 693 investment cases attracting Taiwan businessmen back to Taiwan, with an investment amount of about NT $373.7 billion, creating 68000 domestic jobs, and more than 50% of the investment cases were in central and southern China. Among them, there were 44 investment cases involving Taiwan businessmen returning to Taiwan in the last year, with an amount of 54.1 billion yuan, which has reached 101% of the annual target amount of 53.5 billion yuan. It shows that in response to the poor prospects of the world economy and the challenges of Chinese mainland economic restructuring, it has become one of the important strategic layout options for Taiwan businessmen to make good use of Taiwan's advantages to return to Taiwan for investment.

Judging from the industrial trend of Taiwan businessmen returning to Taiwan to invest in the past seven years, whether it is the manufacturing industry or the service industry, the investment pattern of returning to Taiwan has shown a trend of "changing from quantity to quality". Most of them are engaged in high value-added business models in order to set up R & D centers and operating headquarters in Taiwan. Investment back to Taiwan is mainly in manufacturing, accounting for about 65% of the total investment, and about 33% in the service industry, with a trend of increasing year by year. Among them, the electronic components industry ranks first in the manufacturing industry, and the accommodation and catering industry has the highest investment in the service industry.

Last year, by organizing expert service groups, organizing investment forums for Taiwan businessmen to return to Taiwan, investment seminars, and other investment promotion activities, the Investment Office also made use of the contact network established with Chinese mainland's major Taiwan business associations to help Taiwan businessmen interested in returning to Taiwan to invest in Taiwan to speed up their investment planning.

In addition, Taiwan businessmen who invested overseas in the early days have gradually faced the stage of succession in recent years. With the different growth environment of the second generation of Taiwan businessmen, they are more receptive to innovative ideas on the basis of their original careers. Therefore, the second generation of Taiwan businessmen have come back to Taiwan to develop emerging industries and carry out industrial transformation. For example, Taiwan's Xingxing Agricultural Biotechnology Company has invested 100 million yuan to build an intelligent pyramid greenhouse and cooperate with domestic school R & D teams. The goal is to expand the global market towards the whole plant output. Qiaochun Company, which produces faucet hardware, invested 40 million yuan to set up Qiaozhi Automation Company as a joint venture with domestic professional and technical developers to develop a 5-year intelligent automation upgrade plan in line with the government's productivity policy.

In response to the trend of sustainable operation of Taiwan businessmen and continuous improvement of industrial technology, the Investment Department of the Ministry of Economic Affairs will continue to actively combine the resources of technological legal persons and promote domestic technology service industries this year, and take an inventory of the specific needs of Taiwan businessmen. focus on assisting Taiwan businessmen to return to Taiwan for transformation and upgrading and upgrading their automation capabilities, and at the same time create business opportunities for domestic service industries. In addition, in order to assist Taiwan businessmen to return to Taiwan to develop new businesses, we will strengthen investment cooperation with various counties and municipal governments, promote local key industries and economic construction plans, and connect domestic start-ups with Taiwan businessmen. to conduct in-depth exchanges and cooperation with Taiwan businessmen.