Now is the best time for Taiwanese businesses to return home, President Tsai Ing-wen (蔡英文) said at a Lunar New Year banquet in Taipei for Taiwanese businesspeople operating in China.
At the Grand Hotel yesterday, Tsai said that although she is no longer Mainland Affairs Council minister, her concern for overseas businesspeople remains the same.
While the Taiwanese economy faces challenges such as a global economic slowdown and weakening trade demand, and changes in US-China trade relations, these challenges also present an opportunity for improvements, Tsai said.
Photo: Peter Lo, Taipei Times
To respond to these challenges, the government is working on three major initiatives: expanding domestic demand, assisting overseas businesses to return and invest in Taiwan, and marketing Taiwan globally, she said.
The government hopes that an increase in domestic demand could offset the decline in exports and allow the economy to grow at a steady rate, she said, adding that she looks forward to overseas businesspeople playing an important role in this process.
For overseas Taiwanese businesses, the most effective response to global economic conditions would be to move production back to Taiwan, she added.
Now is the best opportunity, she said, calling on overseas businesses to switch their products from being “made by Taiwanese businesses” to being “made in Taiwan.”
Taiwan welcomes returning businesses with open arms, she said, adding that this year, the government proposed a business-oriented action plan devoted to eliminating investment hurdles.
A customized, one-stop service integrates various aspects of investment, such as land, labor, water supply, electricity and taxes, she said.
The government is working with greater intensity on developing strategic partnerships with countries covered by the New Southbound Policy, she said.
Straits Exchange Foundation Chairwoman Katharine Chang (張小月) said that nearly 600 guests — the highest in years — attended the banquet, which was sponsored by the foundation, the Mainland Affairs Council, the Ministry of Economic Affairs, the Chinese National Federation of Industries and the General Chamber of Commerce of the Republic of China.
At the banquet, Tsai also discussed cross-strait relations, saying: “We have never opposed cross-strait exchanges.”
Given China’s geographic proximity, it is natural and inevitable that the two countries would interact in areas affecting tourists, businesses and marriages, she said.
However, these interactions should not be restricted or disturbed by any sort of political framework or preconditions, she said, adding that only with equal dignity can Taiwan and China create a mutually beneficial situation.
Taiwan, as a responsible member of the international community, would continue maintain stable cross-strait relations, but that responsibility should be shouldered by all players in the region, Tsai said.
Chang said that cross-strait exchanges should be founded on humanity and kindness, adding that no political preconditions should be set.
She said she hopes that Taiwanese businesspeople in China would not be put in a difficult position.
The US Department of State yesterday criticized Beijing over its misrepresentation of the US’ “one China” policy in the latest diplomatic salvo between the two countries over a bid by Taiwan to regain its observer status at the World Health Assembly, the decisionmaking body of the WHO. “The PRC [People’s Republic of China] continues to publicly misrepresent U.S. policy,” Department of State spokesman Ned Price wrote on Twitter. “The United States does not subscribe to the PRC’s ‘one China principle’ — we remain committed to our longstanding, bipartisan one China policy, guided by the Taiwan Relations Act, Three Joint Communiques, and
FATES LINKED: The US president said that sanctions on Russia over Ukraine must exact a ‘long-term price,’ because otherwise ‘what signal does that send to China?’ US President Joe Biden yesterday vowed that US forces would defend Taiwan militarily in the event of a Chinese attack in his strongest statement to date on the issue. Beijing is already “flirting with danger,” Biden said following talks with Japanese Prime Minister Fumio Kishida in Tokyo, in which the pair agreed to monitor Chinese naval activity and joint Chinese-Russian exercises. Asked if Washington was willing to get involved militarily to defend Taiwan, he replied: “Yes.” “That’s the commitment we made,” Biden said. “We agreed with the ‘one China’ policy, we signed on to it ... but the idea that it can be
INFORMATION LEAKED: Documents from Xinjiang purportedly showed top leaders in Beijing calling for a forceful crackdown and even orders to shoot to kill Chinese President Xi Jinping (習近平) yesterday held a videoconference with UN High Commissioner for Human Rights Michelle Bachelet as she visited Xinjiang during a mission overshadowed by fresh allegations of Uighur abuses and fears she is being used as a public relations tool. The Chinese Communist Party (CCP) has been accused of detaining more than 1 million Uighurs and other Muslim minorities in the region as part of a years-long crackdown the US and lawmakers in other Western nations have labeled a “genocide.” China denies the allegations. Bachelet was expected to visit the cities of Urumqi and Kashgar on a six-day tour. The US
SUBTLE? While Biden said the US policy of ‘strategic ambiguity’ on Taiwan had not changed, the group targeted China and Russia without naming them Leaders of Australia, India, Japan and the US yesterday warned against attempts to “change the status quo by force,” as concerns grow about whether China could invade Taiwan. The issue of Taiwan loomed over a leadership meeting in Tokyo of the Quadrilateral Security Dialogue (Quad) nations — the US, Japan, Australia and India — who stressed their determination to ensure a free and open Indo-Pacific region in the face of an increasingly assertive China, although Japanese Prime Minister Fumio Kishida said the group was not targeting any one country. The four leaders said in a joint statement issued after their talks