Taiwan Today: Taiwan homebound investment tops US$23 billion year to date

A total of NT$703.4 billion (US$23.06 billion) in homebound investment has been pledged year to date by 156 Taiwan-owned companies operating in China, according to InvesTaiwan Nov. 28.

This commitment is forecast to create 56,000-plus new jobs in manufacturing sectors under strategic government promotion, the interministerial organization overseen by the Ministry of Economic Affairs said. Such strong numbers exceed targeted projections and reflect confidence in Taiwan’s business climate, as well as the effectiveness of related government policies, InvesTaiwan added.

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