Taiwan's Free Economic Pilot Zone, which was inaugurated in early August 2013, will relax stricture on Chinese investors, as reported by Economic Daily News on August 9. According to CEPD (Council for Economic Planning and Development), Chinese investors can enjoy the same investment terms as other foreign investors in the Pilot Zone, given the permission to invest in Taiwan's key industries, such as TFT-LCD panel and semiconductor, without cap on their shareholding. The Free Economic Pilot Zone will focus on international medical care, industrial cooperation, smart logistics, and value-added agriculture, with concrete measures taken to promote free movement of personnel, goods, capital, and information, creating a friendlier environment to international investors and opening up Taiwan's domestic market to the world.