China’s Taiwan policy to stay same

CRISIS CONNECTION::ARATS’ vice chairman stressed that the global economic crisis made it especially vital for both sides of the Taiwan Strait to deepen their ties

Staff writer, with CNA

Thu, Nov 22, 2012 - Page 3

Beijing will maintain a consistent policy toward Taiwan and continue to promote and deepen cross-strait economic cooperation despite its recent leadership reshuffle, a Chinese official said yesterday.

In the face of the global economic downturn, industries on both sides need to strengthen their complementary relationship, Association for Relations Across the Taiwan Straits (ARATS) Vice Chairman Zheng Lizhong (鄭立中) said at a cross-strait industrial cooperation forum in Hsinchu.

The two sides should also jointly set technical standards and work together to create and market new brands, Zheng said.

He said Beijing will actively promote investment by Chinese companies in Taiwan because such activity plays an important role in deepening cross-strait economic cooperation.

Straits Exchange Foundation Vice Chairman Kao Koong-lian (高孔廉) said that since the Ministry of Economic Affairs had launched a “bridge-building” program in November 2008, it has successfully brought about substantive cooperation between 1,600 companies in Taiwan and China.

In addition to strengthening their bilateral relationship to create a “win-win” situation, the two sides should avoid vicious competition and overlap in their investments, Kao said.

Taiwan and China should end their price war and move toward a mutually beneficial partnership in innovation, and in research and development, he added.

According to Kao, the current bilateral cooperation across the Taiwan Strait has been focused on three main areas: The strengthening of intellectual property rights protection, the promotion of follow-up talks under the Economic Cooperation Framework Agreement (signed in June 2009) and the building of trade offices on both sides.