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Chinese mainland to offer 95 bln USD loans to Taiwan businesses

Wang Yi, director of the Taiwan Work Office of the Central Committee of the Communist Party of China and the Taiwan Affairs Office of the State Council (Cabinet), delivers a speech at the 4th Straits Forum in Xiamen, southeast China's Fujian Province, June 17, 2012. The 4th Straits Forum was held in Xiamen on Sunday. (Xinhua/Wei Peiquan)

XIAMEN, June 17 (Xinhua) -- Four banking institutions from the Chinese mainland will offer a credit ceiling of 600 billion yuan (about 95 billion U.S. dollars) to the Taiwanese-invested businesses in the mainland, an official said Sunday.

The Industrial and Commercial Bank of China, Bank of China, China Construction Bank and China Development Bank will provide the loans in the next three or four years to the Taiwanese-invested businesses operating in the mainland, said Wang Yi, director of the State Council's Taiwan Affairs Office.

The mainland will also open the door to import rice from Taiwan, Wang said at the ongoing fourth Straits Forum in China's southeastern coastal city of Xiamen.