Shanghai to buy millions in Taiwanese produce


CNA

TAIPEI–A business delegation from Shanghai, China signed a deal in the southern Taiwan county of Pingtung yesterday to purchase NT$40 million (US$1.36 million) worth of agricultural products.

Under the procurement contracts, three Shanghai distributors will buy products such as processed livestock, poultry, eggs and fresh fruit supplied by seven Taiwanese companies, according to Wang Xinping, a vice chairman of the Shanghai Municipal Commission of Commerce.

The deal is expected to deepen cooperation between Taiwanese traders and Shanghai distributors since they have worked together for many years, said Wang, who is heading the Shanghai delegation to Taiwan in his capacity as vice chairman of the Shanghai Association of International Economics and Technological Cooperation.

He also expressed hope that Taiwan’s farming and livestock industries will set up production, processing and marketing bases in suburban Shanghai in the future.

But his suggestion was translated into an invitation for Taiwan to transfer its agricultural techniques to the mainland.