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Nanjing to build a Taiwan brand street with TAITRA

TAIPEI, Taiwan -- To boost sales of Taiwanese goods in China's Nanjing City, a key Taiwan trade promoter on Saturday signed an agreement with the Nanjing City government to set up a Taiwan Brand Street and a Taiwanese goods center in the historic capital city in China's Jiangsu Province, officials said.

Taiwan External Trade Development Council (TAITRA) signed a memorandum of understanding (MOU) with the Nanjing City government, with TAITRA's chairman Wang Chih-kang saying both sides are looking forward to Taiwan's participation in Nanjing's trade show each year and in the island's establishment of a fixed market access in the city.

Nanjing Mayor Ji Jianye also said he will push aggressively for setting up the street and a supply center devoted to promoting and selling Taiwanese goods.

“Nanjing citizens and other Chinese friends will be able to buy Taiwanese goods without visiting Taiwan,” Ji said.

As Taiwan's participation in the Nanjing trade show this September was a great success, both sides said, future economic and trade cooperation also have bright prospects. The trade fair, co-organized by the Nanjing City government and Taipei World Trade Center for the first time, was the largest ever trade fair of Taiwan goods held outside Taiwan, said TAITRA's Wang.

Nearly 268,000 people attended the fair, which generated a total trade value of US$ 750 million in four days, said Wang, adding that there were more than 1,900 exhibition booths --more than six times the 300 booths in the original plan.

Wang said TAITRA will continue to hold large trade fairs in China's provinces, and more than half of Taiwanese companies invited will be small to medium-sized companies or agricultural products producers.

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 Nanjing to build a Taiwan brand street with TAITRA 
Chairman Wang Chih-kang of the Taiwan External Trade Development Council (TAITRA), right, shakes hands with visiting Nanjing Mayor Ji Jianye, from China, after signing a memorandum of understanding (MOU) in Taipei for closer business and investment cooperation. (CNA)

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