China busi­ness lead­ers urge Tai­wan to join OBOR

The China Post - - TAIWAN BUSINESS - BY ENRU LIN

Chi­nese busi­ness lead­ers yesterday urged Tai­wan to par­tic­i­pate in the so- called One Belt, One Road ( ) ini­tia­tive, stress­ing that Tai­wan stands to gain from the pro­ject.

The Bei­jing- driven “One Belt, One Road” is an in­fra­struc­ture plan that in­cludes highways, rail­ways, oil and gas pipe­lines, In­ter­net net­works, power grids and other links from China and through­out Asia to Europe and Africa.

Wang Qing­min ( ) , head of the All- China Fed­er­a­tion of In­dus­try and Com­merce in Bei­jing, said yesterday that many of Tai­wan’s strengths are in in­dus­tries set to ben­e­fit the most from the ini­tia­tive.

Wang was speak­ing on the side­lines of a cross- strait busi­ness fo­rum held yesterday in Taipei. The event hosted hun­dreds of gov­ern­ment and in­dus­try rep­re­sen­ta­tives from Tai­wan, China, Hong Kong and Ma­cau.

Zhang Guan­hua ( ) , deputy head of the In­sti­tute of Tai­wan Stud­ies at the Chi­nese Acad- emy of So­cial Sciences in China, also stressed to par­tic­i­pants that Tai­wan should par­tic­i­pate.

In his ad­dress, Zhang said that the “One Belt, One Road” and “Made In China 2025 ( 2025

) ” pro­grams will shape China’s fu­ture.

The for­mer is aimed at break­ing open new mar­kets while the lat­ter will in­cor­po­rate smart tech­nol­ogy into tra­di­tional man­u­fac­tur­ing, he said.

China’s co­op­er­a­tion with coun­tries par­tic­i­pat­ing in “One Belt, One Road” will ex­ceed the cur­rent cross- strait eco­nomic and trade frame­work, Zhang said while urg­ing Tai­wan’s par­tic­i­pa­tion in the pro­ject. In turn, it would deepen cross- strait co­op­er­a­tion, which so far is “in­suf­fi­cient,” he said.

At the side­lines of the event, Zhang said he pre­dicts that “One Belt, One Road” will ben­e­fit Tai­wan’s in­dus­tries.

At the same time, Tai­wan’s par­tic­i­pa­tion is im­por­tant for Bei­jing due to Tai­wan’s strate­gic ge­o­graphic lo­ca­tion.

He said the cross- strait ser­vices pact has been a missed op­por­tu­nity, par­tic­u­larly be­cause China’s ser­vice in­dus­try is only be­gin­ning to rise and Tai­wan’s ser­vice sec­tor cur­rently holds “a sig­nif­i­cant edge.”

The two sides lack suf­fi­cient mu­tual trust be­cause of po­lit­i­cal

ob­sta­cles, he said.

SEF Chair­man, Lien Chan

Un­der­score In­ter­est

At the fo­rum, Straits Ex­change Foun­da­tion Chair­man Lin Join­sane ( ) and Kuom­intang Honorary Chair­man Lien Chan (

) said “One Belt, One Road” holds a key op­por­tu­nity for Tai­wan.

In his pre­sid­ing re­marks, Lien said that even as China’s eco­nomic growth ta­pers, the coun­try is still a main player on the global stage and its in­fra­struc­ture ef­forts could help boost Tai­wan’s econ­omy.

CNA

(Above) Wang Qing­min ( ), head of the All-China Fed­er­a­tion of In­dus­try and Com­merce in Bei­jing, left, and Kuom­intang Honorary Chair­man Lien Chan ( ) ex­change opin­ions at a cross-strait busi­ness fo­rum, yesterday. Lien said main­land China’s “One Belt, One Road” ini­tia­tive is a key op­por­tu­nity for Tai­wan (Right) In­dus­trial lead­ers pose for a photo at a cross-strait busi­ness fo­rum held in Taipei, yesterday. The event hosted hun­dreds of gov­ern­ment and in­dus­try rep­re­sen­ta­tives from Tai­wan, main­land China, Hong Kong and Ma­cau. Among the at­ten­dees was Zhang Guan­hua ( ), deputy head of the In­sti­tute of Tai­wan Stud­ies at the Chi­nese Academy of So­cial Sciences in China.

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