o was referring to the opportunities provided by Taiwan's recent opening to individual tourists from China under the Free Independent Traveler (FIT) program. "The investment plans will target hotels, as well as travel- and service-related businesses," she added.
"We would further like to serve as a bridge between Hong Kong, Macau and Taiwan, helping to set up business partnerships with Taiwanese companies," she said.
She also suggested that Taiwanese enterprises should continue to come up with new business models in response to the FIT program launched in late June. "The current successful models might not attract Chinese tourists any longer because their demands and requirements are advancing really fast," she added.
Citing the MGM Grand Hotel and Casino in Macau as an example, she said that over the past several years, it has experienced rapid change on an unprecedented scale in Chinese people's spending habits.
Shopping centers affiliated to the casinos have successfully turned Macau into an alternative shopping destination to neighboring Hong Kong, according to Ho.