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    RMB trading in Taiwan a sign of closer ties: expert  

    兩岸貨幣“直航”提升大陸對臺資吸引力

    “兩岸貨幣實現直接兌換降低了臺商在大陸投資的成本,也就是提升了整個大陸地區對臺資的吸引力!7日,南京財經大學金融學院院長閆海峰接受采訪時如是說。

    2013-02-08 14:50 Ecns.cn     Web Editor: Gu Liping comment

    Suzhou (CNS) – The trading of yuan in Taiwan, which took place for the first time on Wednesday, will strengthen economic ties between the mainland and Taiwan, an expert said Thursday.

    Yan Haifeng, dean of the School of Finance at the Nanjing University of Finance and Economics, said yuan trading will lower costs for Taiwanese enterprises and encourage more investment in the mainland. Both the risk of exchange rate fluctuation and the cost of currency exchange will be lowered, he added.

    "Taiwan and the mainland have taken a big step in boosting their ties in the financial sector," Yan said.

    Trade between the mainland and Taiwan reached 168 billion US dollars in 2012, a year-on-year increase of 5.6 percent.

     

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    兩岸貨幣“直航”提升大陸對臺資吸引力

    “兩岸貨幣實現直接兌換降低了臺商在大陸投資的成本,也就是提升了整個大陸地區對臺資的吸引力!7日,南京財經大學金融學院院長閆海峰接受采訪時如是說。

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