Chinese investment in Taiwan has dropped by more than 90% year-on-year, and my investment in China has shrunk by 20%

Taiwanese companies are accelerating their overseas deployment, and foreign investment in Taiwan is also increasing. According to statistics from the Investment Examination Department of the Ministry of Economic Affairs, from January to September this year, the amount of approved investment by overseas Chinese in Taiwan reached 19.22582 billion U.S. dollars, an annual increase of 119.04%; the amount of foreign investment reached 66.5679 billion U.S. dollars, an annual increase of 104.13%, mainly driven by TSMC's large-scale investment in overseas subsidiaries, with the two transactions totaling 50 billion U.S. dollars. However, the amount of Chinese investment in Taiwan decreased by 91.57% year-on-year, and my country's investment in China also decreased by 20.24%. There was an increase in foreign investment and overseas investment by Taiwanese factories, and there was a divergence between Chinese investment in Taiwan and investment in China.

The Investment Examination Department explained that in terms of overseas Chinese investment in Taiwan, a total of 1,718 investment cases were approved in the first nine months of this year, and the amount of investment (increased) capital reached 19.22582 billion U.S. dollars, a significant increase of 119.04% compared with the same period last year. The Investment Examination Department pointed out that it was mainly driven by large-scale investment cases, including the Singaporean company Micron Semiconductor Asia Inc., which increased its investment in Micron Memory Taiwan with a monetary claim of approximately US$9.44996 million; the Danish company Wöss Wind Energy Related Company invested approximately US$1.24859 billion in loans in Wox Northwest Changhua Holdings; and the Dutch company MIT HAI LONG WIND POWER B.V. increased its investment in Yushan Energy with approximately US$1,054.11 million.

Looking at September alone, 140 overseas overseas investment cases were approved, with an investment (increase) amount of US$3,044.8 million, and 81 new companies were approved, with an investment amount of approximately US$16.17 million.

In terms of overseas investment by Taiwanese enterprises, a total of 531 cases were approved or reviewed from January to September this year, with the amount of investment (increased) reaching 66.5679 billion yuan, an increase of 104.13% compared with the same period last year, and the amount of investment doubled compared with the same period last year. Mainly from large-scale overseas capital increases in the semiconductor and electronics industries. Among them, TSMC invested US$30 billion in TSMC GLOBAL LTD. in the British Virgin Islands and US$20 billion in TSMC ARIZONA CORPORATION in the United States, totaling US$50 billion; Nanya Technology also increased its capital in the British Virgin Islands NANYA TECHNOLOGY INTERNATIONAL with a total of US$3.5 billion. LTD., Quanta Computer increased its capital in the US QUANTA MANUFACTURING INCORPORATION with US$973 million.

In September this year, 73 foreign investment cases were approved or prepared for review in a single month, and the amount of investment (increase) was US$4.116915 billion.

Compared with the simultaneous growth of foreign investment in Taiwan and Taiwanese enterprises' overseas investment, Chinese investment in Taiwan continues to be sluggish. From January to September this year, 17 Chinese investment cases in Taiwan were approved, with the investment (increased) amount being only US$8.56 million, a year-on-year decrease of 91.57%; in September, 2 cases were approved in a single month, with the investment (increased) amount being US$220,000. In terms of investment in China, 185 investment cases were approved from January to September this year, with an investment (increased) amount of US$712.44 million, a year-on-year decrease of 20.24%; in September, 24 cases were approved in a single month, with an investment (increased) amount of US$52.08 million.