In the past several years, Dongguan has been actively guiding and pushing forward transformation and upgrading of Taiwan-invested enterprises. The picture above depicts the scene of Taiwan Trade Fair.
Dongguan is one of the key cities in the Chinese mainland that enjoy close cooperation with Taiwan. It is also one of the regions that witness the earliest and most intense investment from Taiwan and one of the most vigorous regions that converge most Taiwan-invested enterprises in the Chinese mainland.
In the past several years, Dongguan has been actively guiding and pushing forward transformation and upgrading of Taiwan enterprises. Through such programs as “Guan-Rong Plan”, Cross-Strait Youth Entrepreneurship Base and employment and entrepreneurship demonstration base and Taiwan Trade Fair, Dongguan builds a platform for the transformation and upgrading of Taiwan-invested enterprises by converging resources of emerging industries from Taiwan, fueling innovative development of Taiwan-invested enterprises and deepening integration of economy and society of Dongguan and Taiwan. Taiwan-invested enterprises show sound growth momentum and are making significant contributions to the economic development and industrial cluster of Dongguan.
Attracting innovative resources from Taiwan
Through years of nurturing, Medimaging Integrated Solution Inc. managed to obtain the first “qualification certificate” under “Guan-Rong Plan” on October 24, 2018.
Led by the People’s Government of Dongguan Municipality, “Guan-Rong Plan” was officially launched in October, 2013. It mainly introduces listed companies, OTC companies and companies that are publicly traded from Taiwan. “Guan-Rong Plan” attempts to build a world-leading biotechnology industrial cluster and implements a ten-year plan featuring “implementation in the first year, blossom in the second year, fruits-bearing in the third, harvest in the fifth and growing into a forest in the tenth year”.
It is learned that “Guan-Rong Plan” has so far introduced 20 public biotech companies from Taiwan and Hong Kong. A Guan-Rong biotech cluster has already taken shape in Songshan Lake. At the same time, Songshan Lake Biotech Industrial Park is also introducing renowned large biotech enterprises from the Chinese mainland. Exclusive policies on development of biotech industry were also released in July, 2018, which gives the biotech industry a shot in the arm.
“Guan-Rong Plan” only constitutes part of Dongguan’s efforts in attracting innovative resources from Taiwan. In recent years, Dongguan has launched a series of measures in order to provide all-round support and services for Taiwan businesses. For instance, it has released a batch of supportive policies for innovation and entrepreneurship such as “Measures for Introducing Youth Talents of Innovation and Entrepreneurship from Taiwan” and “Dongguan’s Action Plan for Dongguan-Hong Kong-Macau-Taiwan Joint Nurturing of Talents of Technological Innovation and Entrepreneurship”.
Building a platform for transformation and upgrading for Taiwan-invested enterprises
In November last year, the four-day 2018 Dongguan Taiwan Trade Fair was successfully concluded. The fair totally attracted 153,000 visits with the transaction reaching 2.383 billion RMB. The annual Taiwan Trade Fair serves as an important platform for Taiwan-invested enterprises to showcase their achievements and promote their products and for Dongguan-Taiwan economic and trade cooperation and cultural exchanges.
Dongguan has been taking various effective measures to help Taiwan-invested enterprises to realize transformation and upgrading. Taiwan Trade Fair not only provides an important platform for enterprises from both the Chinese mainland and Taiwan, but also plays a positive role in helping Taiwan-invested enterprises to realize transformation from ODM/OEM to self-owned brand and expand markets. Since 2010, the fair has been hosted for eight consecutive years and totally attracted 2.484 million visits with the total transaction reaching 22.565 billion RMB. The collective brand of Taiwan businesses in Dongguan becomes more widely known, which helps Taiwan-invested enterprises expand market in the Chinese mainland.
Facts from figures
According to the statistics of the Taiwan, Hong Kong and Macau Affairs Office of the CPC Dongguan Committee, Dongguan ranks the first in the province in terms of the number of Taiwan-invested enterprises and the actual investment. By the end of 2018, Dongguan owns 3,780 Taiwan-invested enterprises, accounting for 28.7% of the city’s total number of foreign-invested enterprises and 25% of that of the province, overtaking Guangzhou and Shenzhen. By the end of 2018, Dongguan has attracted 21.29 billion USD of contracted investment from Taiwan, accounting for 22.4% of the city’s total contracted foreign investment. It has totally attracted actual investment of 20.03 billion USD from Taiwan, making up 25.7% of the city’s total actual foreign investment.
Source: timedg.com
