Pan-green lawmakers yesterday expressed concern over the government’s plan to establish “Free Economic Pilot Zones” to promote trade liberalization, saying that the zones could increase the nation’s economic dependence on China and hurt Taiwan’s competitiveness.
Taiwan Solidarity Union (TSU) Legislator Hsu Chung-hsin (許忠信) told a press conference that the relaxation of regulations on investment and personnel in the proposed zones appeared to be tailor-made for China, which has been eyeing a way of annexing Taiwan — economic integration.
While the regulations in the zones apply to all foreign businesses, Hsu said China is expected to be the top source of incoming products, investment and workers, which would spell “double trouble” for Taiwan.
An influx of Chinese white-collar workers could squeeze job opportunities for Taiwanese and opening up to Chinese agricultural products would raise food safety concerns, Hsu said.
The unilateral opening up to foreign medical professionals — up to 20 percent of the medical workforce in the pilot zones — and too many tax incentives offered to foreign professionals and businesses were also points of concern, Hsu said.
In addition, the government, which is plagued by financial woes, was likely to see huge tax losses, he said.
With Chinese investors allowed to be majority shareholders, Taiwan’s high-tech know-how could end up in the hands of Chinese firms, he said.
“At the end of the day, Chinese investment in Taiwan represented more than just economic interests, but also conveys Beijing’s political motives, which wants to increase Taiwan’s economic dependency on China,” Hsu said.
In response, Lin Shu-chia (林旭佳), a section chief at the Council of Economic Planning and Development, said that no blue-collar workers would be employed in the zones, adding that legislation and regulation on tax incentives and regulation easing have yet to be decided.
In addition, Lin said that the government would be vigilant for tax losses and less-than-satisfactory investment performances.
Democratic Progressive Party (DPP) lawmakers Lee Ying-yuan (李應元) and Su Cheng-ching (蘇震清) expressed concern at a separate press conference over the establishment of a value-adding and marketing center for agricultural products in the zones, saying that it could have a detrimental impact on Taiwanese agricultural products.
The lawmakers proposed an agricultural economic zone that promotes and markets home-grown products because under the current plan, cheaper Chinese agricultural products were likely to be imported to the zones for processing and could squeeze out domestically grown products.
Eight Chinese naval vessels and 24 military aircraft were detected crossing the median line of the Taiwan Strait between 6am yesterday and 6am today, the Ministry of National Defense said this morning. The aircraft entered Taiwan’s northern, central, southwestern and eastern air defense identification zones, the ministry said. The armed forces responded with mission aircraft, naval vessels and shore-based missile systems to closely monitor the situation, it added. Eight naval vessels, one official ship and 36 aircraft sorties were spotted in total, the ministry said.
The Ministry of Foreign Affairs (MOFA) today said that if South Korea does not reply appropriately to its request to correct Taiwan’s name on its e-Arrival card system before March 31, it would take corresponding measures to alter how South Korea is labeled on the online Taiwan Arrival Card system. South Korea’s e-Arrival card system lists Taiwan as “China (Taiwan)” in the “point of departure” and “next destination” fields. The ministry said that it changed the nationality for South Koreans on Taiwan’s Alien Resident Certificates from “Korea” to “South Korea” on March 1, in a gesture of goodwill and based on the
Taiwanese officials were shown the first of 66 F-16V fighter jets purchased by Taiwan from the United States, the Ministry of National Defense said yesterday, adding the aircraft has completed an initial flight test and is expected to be delivered later this year. A delegation led by Deputy Minister of National Defense Hsu Szu-chien (徐斯儉) visited Lockheed Martin’s F-16 C/D Block 70 (also known as F-16V) assembly line in South Carolina on March 16 to view the aircraft. The jet will undergo a final acceptance flight in the US before being delivered to Taiwan, the
The New Taipei Metro's Sanyin Line and the eastern extension of the Taipei Metro's Tamsui-Xinyi Line (Red Line) are scheduled to begin operations in June, the National Development Council said today. The Red Line, which terminates at Xiangshan Station, would be connected by the 1.4km extension to a new eastern terminal, Guangci/Fengtian Temple Station, while the Sanyin Line would link New Taipei City's Tucheng and Yingge stations via Sanxia District (三峽). The council gave the updates at a council meeting reviewing progress on public construction projects for this year. Taiwan's annual public infrastructure budget would remain at NT$800 billion (US$25.08 billion), with NT$97.3
RSS