英语文摘:Mainland, Taiwan see rosy economic prospect after signing of ECFA

According to the Ministry of Commerce, by the end of February, the mainland had approved more than 80,000 Taiwanese-invested projects, involving nearly 50 billion U.S. dollars of direct investment. This makes up 5.2 percent of total overseas investment on the mainland.

The mainland remains Taiwan's first trade partner and a major source of trade surplus, with Taiwan's export to the mainland reaching 85.7 billion U.S. dollars last year, or 42 percent of the island's total export.

"Trade talks between countries are often based on the calculation of their own benefit. But there is no such thing during the ECFA negotiations," CIER President Shaw said. "The process is very sincere and honest."

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