英文摘要 |
On Oct. 4, the Executive Yuan moved to boost the development of Taiwan’s service industries by approving a number of policies calling for further liberalization in a number of areas: (1) opening of the small truck leasing industry to foreign investment; (2) raising the ceiling on foreign investment in civil and general aviation from the existing one-third to 49% of total capitalization; (3) abolishment of the stipulation in the Private School Law that foreigners may not fill more than one-third of the positions on boards of directors nor serve as chairpersons of private schools; (4) abolishment of the regulation that CPA offices must be in the form of non-juridical-person; (5) relaxation of the stipulation that the chairman or representative of engineering consulting firms must be filled by practicing engineers; (6) revision of Article 48 of the Electricity Act to permit power companies to use their existing optical fiber to engage in the cross-industry telecommunications businesses; and (7) revision of the Cable Television Act to expand the business scope of cable TV operators. |