Cross-Straits links to sup­port mer­chants

China Daily (USA) - - TOP NEWS - For­mer Aus­tralian PM ad­dresses China, US ties By REN XIAOJIN in Bei­jing and HU MEIDONG in Xi­a­men, Fu­jian By ZHANG RUINAN in New York ru­[email protected]­nadai­lyusa.com Con­tact the writ­ers at renx­i­ao­[email protected] chi­nadaily.com.cn

Taiwan mer­chants are wel­come to par­tic­i­pate in the Chi­nese main­land’s de­vel­op­ment, Re­la­tions be­tween par­tic­u­larly China and in the the ser­vice United in­dus­try, States are the at up­grad­ing a cru­cial of the mo­ment, tra­di­tional and man­u­fac­tur­ing both sides need sec­tor to and think emerg­ing clearly busi­ness about one sec­tors, an­other said a through gov­ern­ment the fog of­fi­cial. of per­cep­tion and mis­per­cep­tion, “Taiwan mer­chants the for­mer are the prime par­tic­i­pants, min­is­ter con­trib­u­tors of Aus­tralia and and ben­e­fit­ing cur­rent par­ties pres­i­dent of trade of the co­op­er­a­tion Asia So­ci­ety, be­tween Kevin the Rudd, main­land said on Wed­nes­day. and Taiwan,” said Wang Rudd Bing­nan, added that vicem­i­nis­ter the meet­ing of com­merce, of the two at na­tions’ the 2018 lead­ers an­nual on the con­fer­ence side­lines for of the en­trepreneurs G20 Lead­ers’ from Sum­mit across in the Ar­gentina Taiwan bought Straits valu­able held in Xi­a­men, time for Fu­jian them to prov­ince. re­solve their dif­fer­ences.

He “Are said we the now, main­land as Gra­ham will Al­li­son al­ways be warns an im­por­tant us, ‘des­tined en­gine for war’, for global or is a trade new strate­gic and sta­bi­lizer equi­lib­rium of eco­nomic now pos­si­ble growth, be­tween and the Taiwan two?” mer­chants Rudd asked are the wel­come au­di­ence to at par­tic­i­pate the Asia So­ci­ety in the main­land’s de­vel­op­ment.

“Taiwan en­trepreneurs are wel­come New York to take dur­ing part a dis­cus­sion. in the modern ser­vice He said sec­tor that in to the an­swer main­land,” such gen­uinely he said. “Ser­vice dif­fi­cult trade ques­tions, in Taiwan peo­ple started from the ear­lier both and na­tions has a com­pet­i­tive need to edge, “think which clearly is com­ple­men­tary about our val­ues, to our the main­land, in­ter­ests and while our the iden­tity”. main­land has a large Such mar­ket ques­tions and abun­dant “force us cap­i­tal.” to think through He en­cour­aged care­fully what Taiwan is es­sen­tial, en­trepreneurs what is nonessen­tial, to ap­ply their where com­pet­i­tive should edge there in be in­tel­li­gent com­pro­mise, and green and man­u­fac­tur­ing what should re­main in the con­testable”, main­land’s he tra­di­tional said. Rudd in­dus­tries. said the ques­tion He also sug­gested “must be Taiwan an­a­lyzed en­trepreneurs and an­swered could soon” take part be­cause in the China-US emerg­ing re­la­tions sec­tors in the are main­land. now in “po­ten­tially dan­ger­ous ter­rain Vin­cent — some Siew, sort hon­orary of no man’s chair­man land of be­tween the CrossS­traits one set Com­mon of strate­gic Mar­ket Foun­da­tion, as­sump­tions said about against each other the back­drop that have stood of a for com­pli­cated sev­eral decades, econ­omy, and Taiwan a brave and new the world main­land where ev­ery­thing need to work may closely be up to for make grabs”. the most of Be­fore the op­por­tu­ni­ties talk­ing about avail­able the prospects and for China-US re­la­tions, Rudd said, it’s im­por­tant to look at the state of the re­la­tion­ship at year’s end in the af­ter­math of the sum­mit in Buenos Aires.

The meet­ing be­tween Pres­i­dent tackle Xi Jin­ping the chal­lenges. and US Pres­i­dent Don­ald Trump He said over an the ef­fi­cient week­end mech­a­nism, “bought as valu­able, well as though an up­graded lim­ited, model time for of co­op­er­a­tion, them­selves and was the needed world”, he for said. the main­land The pres­i­dents to help strug­gling agreed to Taiwan sus­pend mer­chants. a planned US hike in tar­iffs on $200 “Un­der bil­lion the in Chi­nese cur­rent goods eco­nomic from sit­u­a­tion, 10 per­cent both to 25 the per­cent. main­land and Taiwan As for are China, fac­ing the new Min­istry chal­lenges,” of Com­merce he said. said “The on its main­land web­site on has Wed­nes­day set up a series that Bei­jing of vi­sion­ary will start to strate­gic quickly goals, im­ple­ment which spe­cific have cre­ated items a where pro­found there’s po­ten­tial con­sen­sus for with de­vel­op­ment Wash­ing­ton for and com­pa­nies ad­vance from trade both ne­go­ti­a­tions sides. It is within a his­tor­i­cal the agreed op­por­tu­nity 90-day timetable. not to be He missed.” said that be­yond set­ting a dead­line Rock Shengh­si­ung to re­solve those Hsu, prob­lems, chair­man and founder of Kinpo Group said "For Taiwan com­pa­nies which have fo­cused on out­bound trade in the past, change in the way the main­land drives its eco­nomic growth is an op­por­tu­nity for Taiwan com­pa­nies to upgrade." soft­en­ing in the econ­omy al­ready in­duced by mone­tary pol­icy tight­en­ing by the Fed,” said Rudd.

He said he thinks there’s a pos­si­bil­ity that China will cham­pion global He added free trade that a and num­ber op­pose of Taiwan the global com­pa­nies trend to­ward in the pro­tec­tion­ism main­land that have cur­rently been fac­ing threat­ens up­grad­ing the wider dif­fi­cul­ties, global which econ­omy can be with only a solved bold an­nounce­ment through in­dus­trial on trade in­te­gra­tion. lib­er­al­iza­tion Wang across Jing, the board. CEO of New­land Hitech Chi­nese Group, eco­nomic a Fu­jian­based re­form­ers tech­nol­ogy have seen the com­pany, greater said in­tro­duc­tion Taiwan’s ta­lent of wholly pool owned has ben­e­fited for­eign fi­nan­cial the com­pany in­sti­tu­tions greatly, into es­pe­cially the Chi­nese in its do­mes­tic over­seas mar­ket ex­pan­sion. as a new way of graft­ing the“sT eai wm anrk eh tad sis acip ml in ae ts uroent to alt eh net Cpo­hoinle,swehsy­ic­s­themh,eRl­pus­d­daal­dodtewd.ith the co“mT ph a is nye’ sarg,lfo ob raelxsa tm rap te­leg,yw,”eWh an veg seen said. a “Also, num­ber Taiwan of for­eign has an ad­van­tage in­vest­ment in lim­i­ta­tions in­tel­lec­tual eased prop­erty for en­try pro­tec­tion. into China’s Ben­e­fit­ing $45 tril­lion from fi­nan­cial co­op­er­a­tion ser­vices with sec­tor,” Taiwan he com­pa­nies, said. New­land Rudd has said patented what over con­cerns a hun­dred him most new tech­nolo­gies are mis­un­der­stand­ings in its bar­code and mis­per­cep­tions de­coder chip.” as is­sues are de­bated. “We need to be care­ful about the man­ner in which it is con­ducted in both our coun­tries,” he said.

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