Gansu Province saw robust growth in investment from Taiwan last year, said local authorities on Monday.
Gansu signed 34 investment deals worth a total of 7.25 billion yuan (about 1.1 billion U.S. dollars) with Taiwan businesses last year, said Wang Feng, head of the provincial Taiwan affairs office.
Actual investment from Taiwan last year was about 1 billion yuan, almost three times that of 2015, Wang said. Taiwan entrepreneurs set up 9 new companies in Gansu.
Gansu organized dozens of exchange activities for college students and young people from the two places last year.
The province plans to use its advantage in the Belt and Road Initiative to boost cooperation with the island in agriculture, biomedicine and culture.
