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Taiwan animation industry moves into Guangzhou |
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05 November 2009 |
Nine Taiwanese animation companies signed an agreement yesterday to invest in China's Guangzhou, reports said yesterday.
The eventual investment in the southern city's animation business park could reach a total value of 500 million yuan (NT$2.5 billion) and symbolized the arrival of Taiwan's animation sector in China, reports said.
The signing of the agreement took part in Taipei at the start of the Taipei-Guangzhou Trade Week. The chief of the Guangzhou department of China's international trade promotion body, Zeng Kaizhang, said the city was not only interested in Taiwanese fruit but also in animation.
Zeng was part of a 185-member delegation headed by the city's deputy mayor, Li Rongcan, which took part in a trade cooperation forum and in a meeting to promote investment in Guangzhou.
Businesses from the capital of Guangdong Province had the intention of spending more than US$200 million on the island, local trade officials said, predicting more cities and regions from China's interior would visit Taiwan within the next six months.
Zeng said Guangzhou was planning to build several large-scale shopping malls, for which it hoped to find Taiwanese retailers and brands. The delegation was prepared to sit down for face-to-face talks with several Taiwanese businesses and to sign memorandums of understanding, reports said.
A fruit and vegetable wholesale market intended to import Taiwanese fruit, a textile distributor planned to obtain the right to represent Taiwanese clothing brands, and an electronics firm wanted to buy Made-in-Taiwan LED monitors, reports said.
The delegation also included representatives of Guangzhou's optical electronics sector, boosted by recent reports that South Korean electronics group LG would invest US$4 billion and build a new factory for liquid crystal display panels in the city.
The Taipei City Government was reportedly also trying to drum up interest from Guangzhou tourists to visit the Taiwanese capital's upcoming international floral exhibition.
Written by Stephan / culture.tw
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Last Updated ( 06 November 2009 )
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