Former president Lee Teng-hui (
Lee said the new Cabinet should properly execute Chen's "active management and effective opening" approach to cross-strait economic matters.
"The new Cabinet has to listen to the people's voice, stick to the principle of rectifying the nation's name as Taiwan and create a new constitution," Lee said yesterday at the annual gathering of a group advocating the nation's participation in the UN.
Lee said Taiwan used to be one of the prominent Asian tiger economies, but due to the Democratic Progressive Party government's moves since 2001 to open economic policies toward China, the economy has grown excessively dependent on China, causing the nation to lag behind its major competitors in Asia.
He said the government's policies in the past placed too little emphasis on management, leading to an exodus of production lines to China, whose rising economic power has started to compress the space for Taiwanese enterprises to do business internationally.
"The new ... `active management, effective opening' [policy] in President Chen's New Year address is an awakening to the realization that cross-strait economic and trade relations are in serous imbalance," Lee said.
But Lee said Chen's announcement of the policy was just "the beginning of such awakening" and its execution awaits concrete measures from the new Cabinet.
He urged the new Cabinet not to loosen China investment policies and to stick to the aims of changing the nation's name and creating a new constitution.