It will take a while for Chinese investment in Taiwan to bear fruit and the government will come up with an assessment report later this year, a Mainland Affairs Council (MAC) official said Monday. Taiwan has long allowed its businessmen to invest in many industries in China, but it did not open its doors to Chinese investment in a limited number of sectors until June this year. MAC Vice Chairman Liu Te-shun said the government has been using the six months following the June 30 implementation of the regulations governing Chinese investment in Taiwan as a period for publicity, promotion and experimentation. 'We believe it will take a while for this new market opening policy to come to fruition or for the effects to become apparent, ' Liu said, adding that the MAC is scheduled to conduct an overall review of the relevant measures late this year, with the conclusions of the study serving as a basis for further improvement of government policy toward Chinese investment in Taiwan. Liu made the remarks a day after China's top official in charge of Taiwan affairs urged Taiwan to further liberalize its regulations on investment from across the Taiwan Strait. Wang Yi, director of the Taiwan Affairs Office under China's State Council, said at a seminar on cross-strait relations held in Chengdu in China's Sichuan Province that China welcomes Taiwan's opening to Chinese investors but hopes that the scope of the permitted areas for investment can be expanded. 'We also hope that Taiwan will offer our investors a more fair and more reasonable business environment and provide our Taiwan-based management personnel with greater convenience, ' Wang said. According to statistics released by the Investment Commission under the Ministry of Economic Affairs, 15 Chinese investment projects totaling NT$190 million (US$5.9 million) have been approved since the new regulations governing Chinese investment in Taiwan took effect June 30. 