Taiwanese businessmen have expressed growing interest in investing in Wuhan, the capital of central China’s Hubei province, due to its favorable business environment, rich natural resources and diverse talent pool.
Both spoke at a promotional event in Beijing on Thursday. At the event, Wuhan authorities introduced policies aimed at promoting cross-strait economic exchanges and communication for Taiwanese businesses in the city.
Liu Hongming, director of the Wuhan Taiwan Affairs Office, said that communication and cooperation between Wuhan and Taiwan has deepened in recent years and has produced fruitful results.
He said Wuhan will implement policies to optimize the investment environment and provide better living and working conditions for Taiwanese compatriots in Wuhan.
Taiwanese entrepreneur Wu Zhi-zheng, who runs a popular science education company in Wuhan, shared his success story with other businessmen who attended the event, saying the city is now his “second home.” He said that.
Mr. Wu previously worked at Taiwan’s Ministry of Education, but left his position in 2015 to pursue his business dreams in Wuhan due to its favorable geographical location, abundant talent, and improved support measures.
He said his company has provided science education services to more than 3,000 schools on the mainland in the past eight years, as well as attracted about 150 Taiwanese youth to the mainland and supported them to work on the mainland. .
Looking back on his decision to move to Wuhan, Wu said, “Thanks to the right decision I made at the time, I was able to change my life.”
Another Taiwanese businessman, Liu Jianmin, general manager of information technology services company Wistron, said Wuhan is an attractive city for investment in Taiwan due to its favorable business environment and ready availability of high-quality human resources. said.
The company established a branch in Wuhan in 2003 and moved its headquarters there in 2018. By 2022, annual sales will reach 1.28 billion yuan ($175 million).
Mr. Liu said that many of his senior executives are from Hubei province, and that his company has benefited greatly from Wuhan’s high-quality educational resources and will continue to invest in Wuhan.
Many Taiwanese businessmen who attended the event said they would like to invest, plant roots and develop Taiwan.
Li Suheng, who recently visited Wuhan, said he was fascinated by the city’s cuisine and thriving service industry.
Mr. Li, who runs a design company that services overseas outlets of major restaurant brands, said he was looking forward to working with Wuhan’s catering industry to promote local cuisine to the world.