COA says hands tied on stopping drain to China
LACK OF EVIDENCE: The council’s deputy minister said that 409 rules prohibit farm work investment in China, but he was unable to name a fine for a breach
By Jonathan Chin / Staff reporter, with staff writer
The Council of Agriculture (COA) yesterday said that it has no authority to fine experts or business entities that share sensitive technologies with China, after Beijing introduced incentives to attract Taiwanese agricultural know-how and investment.
Xinhua news agency reported that China’s Taiwan Affairs Office (TAO) unveiled a policy package to incentivize Taiwanese to invest in Chinese agriculture.
2021-03-17 10:05:29 GMT2021-03-17 18:05:29(Beijing Time) Xinhua English
BEIJING, March 17 (Xinhua) The Chinese mainland on Wednesday rolled out measures to support the development of compatriots and enterprises from Taiwan in agriculture and forestry on the mainland.
Effective from the day of their promulgation, the supportive measures cover a variety of aspects concerning the development of compatriots and enterprises from Taiwan in the two sectors, including the use of agricultural and forest land, financing and funding support, investment and business operation, research and development, innovation, and local market exploration.
They will aim to further provide equal treatment to compatriots and enterprises from Taiwan, support their participation in the high-quality development of agriculture and forestry on the mainland, and promote rural vitalization.