Taiwan businesses benefit from joint opportunities

BEIJING: Taiwan business people working on the Chinese mainland said they have experienced great opportunities by participating in the development of the Belt and Road Initiative.
Wang Tien-shan, who works as the general manager of a biotechnology company in Hubei province, said that the initiative brings new opportunities for his business in the international market.
His company helps herbal medicine enterprises from Hubei, Yunnan, and Fujian provinces build quality management systems to monitor their products to expand exports abroad.
“I want to promote our herbal medicine worldwide,” Wang said, adding that due to the BRI, the export process of traditional Chinese medicine has been further streamlined and there are increased shipping services.
Another young Taiwan businessman, Hung Hsiao-ho, followed in the footsteps of his father and went to Hainan province in 2012. He works with mainland research institutes in the grouper reproduction industry. Hung said that his business focuses on breeding high-value fish species in the South China Sea, which not only promotes local economic growth, but also gives locals access to a wider variety of species.
Hung’s company participated in a BRI memorandum, under which China donated 100,000 leopard coral grouper fries to the Philippines in 2017 to support the development of the country’s aquaculture industry. –The Daily Mail-China Daily news exchange item