China business leaders urge Taiwan to join OBOR
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
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.
(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.