Cross-Strait farm produce trade tops 3.77 bln USD in 2018

2019-04-17 02:02:49 GMT2019-04-17 10:02:49(Beijing Time) Xinhua English

BEIJING, April 16 (Xinhua) -- The farm produce trade between the Chinese mainland and Taiwan reached 3.77 billion U.S. dollars in 2018, official data showed Tuesday.

The value was up from 2.31 billion dollars in 2012, according to the Ministry of Agriculture and Rural Affairs.

From 2012 to 2018, 998 newly-added agricultural firms on the Chinese mainland were invested by Taiwan's merchants or farmers, the ministry said.

Farm produce trade between the Chinese mainland and Taiwan has been expanding in recent years and agricultural investment from Taiwan's merchants continues to grow, the ministry said.

So far, 29 innovation parks with incentives for Taiwan's farmers have been established in 14 provincial-level regions on the Chinese mainland. In 2018, nine of these parks started to sell more than 60 kinds of farm produce on e-commerce platforms, reaping sales revenue of over 6.2 million yuan (about 924,000 U.S. dollars). Enditem