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Editorial: Time to focus on the economy

The uncertainty surrounding the Economic Sustainable Development Conference finally came to an end last week, when Vice Premier Tsai Ing-wen (蔡英文) said on Thursday that the meeting will take place on July 27 and 28. The Cabinet hopes that bringing together politicians, academics and business figures for the two-day conference will help forge a broad consensus on an economic strategy. But why should we expect anything from this event, when many of the decisions reached at the last such conference in 2001 turned out to be just talk?

Since the Democratic Progressive Party took power in 2000, it has organized several conferences, which have reached a long list of conclusions, beginning with the Economic Development Advisory Conference in 2001, in which 322 recommendations were approved. In particular, former president Lee Teng-hui's (李登輝) "no haste, be patient" policy toward China was replaced with "active opening, effective management."

There followed a national conference on social welfare services in 2002, a national conference on population policy in 2004, a national energy strategy conference last year and a national sustainable development conference this April. Some of the conference conclusions became law, but many others have still not been passed because of political paralysis in the legislature.

Opposition parties have threatened to boycott next month's conference because the government has not fully implemented decisions reached at the 2001 conference -- especially the consensus to move ahead on cross-strait economic links. Industry representatives also gave a lukewarm response to the conference after President Chen Shui-bian (陳水扁) announced in his New Year's speech that he would pursue an "active management, effective opening" stance on cross-strait economic ties -- a move generally viewed as a tightening of policy.

But the Cabinet's announcement last week of plans to expand cross-strait passenger and cargo charter flights appeared to help improve domestic sentiment for the moment. Moreover, the inclusion by the Mainland Affairs Council of China-bound investment matters in the preparatory meetings over the coming six weeks has heightened expectations for the event. Such matters will include a possible lifting of the current limit on Taiwanese firms' investment in China.

However, it is questionable whether the Cabinet can use a national conference to solicit the collective public will and untangle difficult issues. Facing rising calls from business circles for further relaxations in cross-strait trade and investment, it is certainly questionable whether participants can stand up for national security concerns and reach a conclusion that maintains Taiwan's competitiveness while securing a balance between global markets and the Chinese market.

Given the nation's entrenched political polarization, some have worried whether any meaningful and realistic conclusions could come from the conference. How can such a divided country reach agreement on cross-strait policies such as whether to allow Taiwanese banks to invest in Chinese lenders or allow chipmakers to invest in 0.18-micron process technology in China?

Some politicians and mass media prefer to focus on political scandals. But why not try to draw the public's attention to next month's conference, which will focus on cross-strait issues, as well as structural and long-term development issues including financial reform, labor shortages and environmental protection? In a country like Taiwan, where many political figures have no vision for the nation because they can only see their enemies, a constructive exercise like the conference could make a refreshing change.
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