Business and leisure travel on the increase
Sharing deep cultural and political links, Taiwan and Hong Kong are, in many ways, more closely connected than other parts of Greater China. While their relationship has often strayed into economic rivalry, the two places continue to recognise each other's importance - and hopes are high that there will be a new era of co-operation.
Sharing deep cultural and political links, Taiwan and Hong Kong are, in many ways, more closely connected than other parts of Greater China.
While their relationship has often strayed into economic rivalry, the two places continue to recognise each other's importance - and hopes are high that there will be a new era of co-operation.
Last summer, Taiwanese President Ma Ying-jeou applauded Hong Kong, lauding significant improvements in relations and saying Taiwan has much to learn from the city.
"Taiwan and Hong Kong are now each other's fourth-largest trading partners, and the [close ties] have contributed most significantly to Taiwan's tourism industry," he said.
He also remarked that the city ranked first among Asian "tiger" economies in terms of GDP growth in the first quarter of 2013, slightly ahead of Taiwan, which ranked second with 1.67 per cent growth.
Taiwan and Hong Kong share more than just cultural similarities, and they have long had an economic relationship.
