A Taiwan commodity center opened Sunday [1 November 2015] in the Shanghai free trade zone (FTZ) amid efforts to help small and medium-sized Taiwanese firms to seek business opportunities in the mainland. Entrepreneurs across the Taiwan Strait initiated the idea of setting up the Taiwan commodity center to take advantage of preferential policies in the Shanghai FTZ at a summit in Taipei in December last year. Authorities in the Shanghai FTZ will offer facilitation measures in customs clearance, inspection and quarantine…Full Article: ECNS.cn Nov 2015

Key Point

  • For six months, Taiwanese goods will be sold directly within the Shanghai FTZ, while the FTZ itself will market the goods on its e-commerce platform.

ChinaAg Comment

  • On 7 November 2015, People’s Republic of China President Xi Jinping and the Taiwan’s President Ma Ying-jeou met in Singapore. This was the first such high level meeting since the end of the Chinese Civil War in 1949.

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