Cross-strait re­la­tions at its best in 60 years: SEF

The China Post - - LOCAL - BY ME­GAN VAN VEGTEN

From a macro point of view, cur­rent cross- strait re­la­tions are at their best in 60 years, said Straits Ex­change Foun­da­tion (SEF, ) Chair­man Lin Join­sane ( ) yesterday.

Tai­wan has a strong de­vel­op­ment of small- and medi­um­sized en­ter­prises ( SMEs) with good achieve­ments and ex­pe­ri­ences. It is ad­van­ta­geous for both sides to ob­serve one another and ex­change in­for­ma­tion, SEF said.

“In­no­va­tion and de­vel­op­ment, co­op­er­a­tion and win-win” was the theme of the Cross- Strait CEO Sum­mit (

) held yesterday morn­ing at The Grand Ho­tel. Par­tic­i­pants in­cluded Lin Join- sane, Yu Hsiao-ming ( ) , the vice gover­nor of Shan­dong Province in China, Lin Po-feng ( ), the chair­man of the Com­merce and In­dus­try As­so­ci­a­tion, Kuo Tai- chi­ang ( ), the chair­man of the elec­tri­cal and elec­tronic man­u­fac­tur­ers’ as­so­ci­a­tion, and other rep­re­sen­ta­tives. The goal was to gather busi­ness and wis­dom from both sides in or­der to deepen the co­op­er­a­tion be­tween the two sides of the strait.

As of May this year, there are about 5,500 Tai­wan-funded en­ter­prises in Shan­dong, with Tai­wanese busi­nesses in­vest­ing over US$234 bil­lion. There are a to­tal of 1.14 mil­lion SMEs in Shan­dong province. The added value in the in­dus­try sec­tor ac­counted for more than 60 per- cent, while 90 per­cent ac­counted for new jobs in the province.

Shan­dong- Tai­wan SMEs should strengthen in mar­ket­ing, brand build­ing, tech­nol­ogy in­no­va­tion, man­age­ment and per­son­nel train­ing. These five as­pects should in­ten­sify the co­op­er­a­tion be­tween the two sides of the strait in three to five years’ time. This will help to achieve suc­cess­ful in­te­gra­tion and de­vel­op­ment of SMEs and pro­vide mu­tual ben­e­fits, Yu said.

There are five mea­sures to adopt that will slightly strengthen the Shan­dong-Tai­wan trad­ing re­la­tions, namely mak­ing key in­vest­ment fields avail­able to Tai­wan, con­tin­u­ing with im­ple­ment­ing pref­er­en­tial poli­cies for Tai­wan, re­duc­ing mar­ket ac­cess bar­ri­ers, im­prov­ing the busi­ness en­vi­ron­ment and reg­is­ter­ing a cap­i­tal paid- in sys­tem in­stead of a sub­scrip­tion sys­tem, Yu stressed.

The cur­rent cross- strait re­la­tions is at its best in 60 years. Tai­wan is a plu­ral­is­tic so­ci­ety and the public has the free­dome to ex­press dif­fer­ent opin­ions. The gov­ern­ment should be com­mu­nica­tive and tol­er­ant. Even though the process is gen­er­ally hard work, but the fi­nal de­ci­sion would be in line with the ex­pec­ta­tions of the public. Tai­wan has been in­ter­na­tion­ally suc­cess­ful in re­cent years, Lin pointed out.

As long as the two straits work to­gether in or­der to in­te­grate each other’s wis­dom and ca­pa­bil­i­ties into a global econ­omy, we can over­come glob­al­iza­tion, Lin said.

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