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TAIWAN TRADE AGENCY GETS NEW NAME
 
TAIPEI, Taiwan - The China External Trade Development Council (CETRA) is now known as the Taiwan External Trade Development Council (TAITRA) "to further enhance its image as the foremost trade promotion organization in Taiwan," according to a press release distributed by the trade promotion agency.

Established in 1970, CETRA has promoted Taiwan's bilateral trade of Taiwan, but, the release said, the use of the name "China" for the past 33 years has incorrectly caused the agency to be associated with mainland China.
  
The newly named agency will integrate the promotion of Taiwan's inbound/outbound investment and tourism industry, as well as expanding markets for agricultural products to the already wide spectrum of its existing trade promotion services, the release said.
 
TAITRA maintains an office in the San Francisco Bay Area / Silicon Valley community of Santa Clara.

CHINA DISTRICT STRENGTHENS INVESTMENT STRUCTURE

SHANGHAI, China - The Shanghai Jinshan District Government has announced several key programs to increase foreign and domestic investment, of which more than 40% of have now been completed or launched.

Throughout 2003, Jinshan District has tracked the progress of 122 "key" programs that have currently attracted more than $6.04 million each.

Of the "key" programs, 103 are funded through domestic investment with the remaining 19 funded through foreign investment, with a total investment of $2.5 billion in fixed assets.
 
For more effective and efficient development procedures, the district has established some ''Green Channels'' for more than 30 key programs.

At present, 48 programs have begun construction, or have been completed or launched. Other programs are currently obtaining approval from the District government.

Located southwest of Shanghai, the Shanghai Jinshan District covers about 600 square miles, with 14 towns and a population of 550,000.
 
Previously known as Jinshan County, and established 277 years ago, Jinshan District now covers Jinshan County and the Sinopec Shanghai Jinshan Industrial Company.
 
It was the first district to be established on the outskirts of Shanghai in May, 1997.

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