Taiwan and China should put aside their political differences for now and focus on economic cooperation and exchanges, President Chen Shui-bian (陳水扁) said yesterday.
"We should put cross-strait trade issues under the global framework, and work to form a whole new economic model between the two sides," Chen said.
Chen made the remarks yesterday while delivering a speech at the opening ceremony of the Cross-Strait Common Market Foundation (
Siew has proposed a "cross-strait common market," a framework for economic cooperation and ties eventually leading to political integration.
The meeting drew intense media coverage yesterday because of the rare appearance together of high-ranking DPP and KMT officials, including KMT Chairman Lien Chan (
Chen said the EU was the best role model for Taiwan and China, as the EU is an open economic league that focuses on cooperation and mutual respect to achieve multilateral interests.
Chang characterized the idea of common market organization as "creative."
"Although we have learned from the past that political and economic cooperation are the only solutions to alleviate tension between Taiwan and China, the two sides still seem to be out of tune with each other in many respects," Chang said.
"For this reason, I consider Siew's idea to be very creative ... by forming a common market to remove controversial political and economic obstacles."
Siew said the idea behind his common market proposal was to achieve political integration via economic integration, such as the EU.
He said the establishment of a cross-strait common market would lead both sides into a new era, where cooperation replaces conflict and exchange replaces confrontation.
While both sides are doing their best to join the WTO, Siew said, the establishment of a cross-strait common market would add to the relationship by providing a new framework for cooperation.
The foundation, a non-governmental organization, will concentrate on promoting and researching the formation of a cross-strait common market, Siew said.
It will play the role of researcher to seek consensus among Taiwan, China and the international community regarding how to achieve such a goal, Siew added.
Siew, a former premier and former minister of economic affairs, has attracted much attention from officials in Beijing and Washington for pushing his common market concept in the hope of breaking the political impasse across the Strait.
Last year, Chen appointed Siew to attend the APEC summit, but the KMT -- which at the time was in the midst of a heated battle with the DPP over the Fourth Nuclear Power Plant -- prevented Siew from making the trip.
Given the president's appearance at yesterday's gathering to publicly show his support for Siew's proposal, political observers are watching to see whether Chen will pick Siew again to attend this year's meeting scheduled for October in Shanghai.
The Central Weather Administration (CWA) yesterday said it expected to issue a sea warning for Typhoon Fung-Wong tomorrow, which it said would possibly make landfall near central Taiwan. As of 2am yesterday, Fung-Wong was about 1,760km southeast of Oluanpi (鵝鑾鼻), Taiwan’s southernmost point, moving west-northwest at 26kph. It is forecast to reach Luzon in the northern Philippines by tomorrow, the CWA said. After entering the South China Sea, Typhoon Fung-Wong is likely to turn northward toward Taiwan, CWA forecaster Chang Chun-yao (張峻堯) said, adding that it would likely make landfall near central Taiwan. The CWA expects to issue a land
Taiwan’s exports soared to an all-time high of US$61.8 billion last month, surging 49.7 percent from a year earlier, as the global frenzy for artificial intelligence (AI) applications and new consumer electronics powered shipments of high-tech goods, the Ministry of Finance said yesterday. It was the first time exports had exceeded the US$60 billion mark, fueled by the global boom in AI development that has significantly boosted Taiwanese companies across the international supply chain, Department of Statistics Director-General Beatrice Tsai (蔡美娜) told a media briefing. “There is a consensus among major AI players that the upcycle is still in its early stage,”
The Central Weather Administration (CWA) yesterday said it is expected to issue a sea warning for Typhoon Fung-wong this afternoon and a land warning tomorrow. As of 1pm, the storm was about 1,070km southeast of Oluanpi (鵝鑾鼻), Taiwan’s southernmost point, and was moving west-northwest at 28 to 32kph, according to CWA data. The storm had a radius of 250km, with maximum sustained winds of 173kph and gusts reaching 209kph, the CWA added. The storm is forecast to pass near Luzon in the Philippines before entering the South China Sea and potentially turning northward toward Taiwan, the CWA said. CWA forecaster Chang Chun-yao (張峻堯) said
PREPARATION: Ferry lines and flights were canceled ahead of only the second storm to hit the nation in November, while many areas canceled classes and work Authorities yesterday evacuated more than 3,000 people ahead of approaching Tropical Storm Fung-wong, which is expected to make landfall between Kaohsiung and Pingtung County this evening. Fung-wong was yesterday morning downgraded from a typhoon to a tropical storm as it approached the nation’s southwest coast, the Central Weather Administration (CWA) said, as it issued a land alert for the storm. The alert applies to residents in Tainan, Kaohsiung, Pingtung and Taitung counties, and the Hengchun Peninsula (恆春). As of press time last night, Taichung, Tainan, Kaohsiung, and Yilan, Miaoli, Changhua, Yunlin, Pingtung and Penghu counties, as well as Chiayi city and county had