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Mainland-Taiwan trade up 15.3% in first 5 months of 2011

BEIJING, June 24 (Xinhua) -- Trade between the Chinese mainland and Taiwan reached 65.86 billion U.S. dollars in the first five months of this year, up 15.3 percent year-on-year, according to the Ministry of Commerce.

The figure included 14.54 billion U.S. dollars in Chinese mainland exports to Taiwan, up 30.4 percent year-on-year, and 51.32 billion U.S. dollars in mainland imports from the island, an increase of 11.6 percent, according to a report released Friday by the ministry.

From January to May, the mainland approved 1,025 projects with investments from Taiwan and recorded 990 million U.S. dollars of actually utilized investments from Taiwan.

The mainland is Taiwan's largest export market.

The mainland's trade volume with Hong Kong rose by 37 percent from January to May this year, hitting 109.82 billion U.S. dollars, according to the report.

The mainland's trade volume with Macao during the same period rose by 7 percent year-on-year to hit 930 million U.S. dollars, the report said.