On the day of the signing of the Economic Cooperation Framework Agreement (ECFA), President Ma Ying-jeou (馬英九) yesterday urged the opposition to engage in rational dialogue and refrain from blindly opposing the pact with Beijing.
Ma said the pact would not only benefit small and medium-size businesses, the agricultural sector and service industries, but also motivate foreign investors to take advantage of Taiwan’s position in East Asia to establish regional headquarters here.
”We hope to build Taiwan into a global innovation center, so we passed the Industrial Innovation Act [產業創新條例] last month,” Ma said as he met members of the Chinese National Association of Industry and Commerce at the Presidential Office. “We also hope to transform Taiwan into a trade hub in the Asia-Pacific as well as a regional springboard. The ECFA will help us achieve part of the goals.”
Ma said he hoped the accord would make Taiwanese businesspeople want to keep their roots in Taiwan and make the country their global base, adding he also hoped foreign investors would make the most of the country’s geographical advantage and make Taiwan into their regional center.
However, he added Taiwan must “advance gradually and entrench itself in every step.”
In an afternoon meeting with Clayton Christensen, a business administration professor at Harvard Business School, Ma told his US guest the ECFA carried profound significance in ushering in a brand new era for Taiwan.
“In some way, ECFA is an innovation,” he said. “We must keep on having innovative ideas so we can stride forward.”
Ma said innovation was one of the characteristics of the speedy recovery of Taiwan’s economy. The others were an increase in job opportunities, reduction in greenhouse emissions and participation in regional economic integration, he said.
At a different setting yesterday while attending the promotion of military officers in Taipei, Ma told the armed forces that the ECFA would be conducive to peace and prosperity across the Taiwan Strait, but that the military must stay alert and be mindful of any possible danger in times of peace.
Ma said the trade deal pushed cross-strait peace and prosperity one step forward. Cross-strait detente benefited not only the people on both sides of the Taiwan Strait, but also the region and the world, he said.
“Taiwan’s potential enemy is right across the Strait,” he said, “but we must also engage with them in various aspects.”
Taiwan must keep abreast of the change of situation at home and abroad, he said. His military strategy is to build a small but strong and elite army, he said.
“We don’t ask for war, but we must be ready for one,” he said. “We will buy necessary weapons, if we can afford them. We will use the minimum resources to maximize the prevention of a war.”
In a related development, the Presidential Office yesterday said the ECFA, when it proceeds to the legislature for deliberation, could be treated “in the light of a treaty” rather than as a “quasi-treaty.”
Presidential Office spokesman Lo Chih-chiang (羅智強) made the remarks while rejecting a Chinese-language China Times report yesterday that said Ma claimed ECFA should be regarded as a “quasi-treaty.”
Ma, instead, thought it should be regarded as something like a treaty, but without the restrictions of a treaty, Lo said.
Lo also dismissed that Ma had claimed in the same report the trade deal would boost economic growth to 8 percent, saying the figure was merely one of many forecasts cited by the president.
There are 77 incidents of Taiwanese travelers going missing in China between January last year and last month, the Straits Exchange Foundation (SEF) said. More than 40 remain unreachable, SEF Secretary-General Luo Wen-jia (羅文嘉) said on Friday. Most of the reachable people in the more than 30 other incidents were allegedly involved in fraud, while some had disappeared for personal reasons, Luo said. One of these people is Kuo Yu-hsuan (郭宇軒), a 22-year-old Taiwanese man from Kaohsiung who went missing while visiting China in August. China’s Taiwan Affairs Office last month said in a news statement that he was under investigation
‘JOINT SWORD’: Whatever President Lai says in his Double Ten speech, China would use it as a pretext to launch ‘punishment’ drills for his ‘separatist’ views, an official said China is likely to launch military drills this week near Taiwan, using President William Lai’s (賴清德) upcoming national day speech as a pretext to pressure the nation to accept its sovereignty claims, Taiwanese officials said. China in May launched “punishment” drills around Taiwan shortly after Lai’s inauguration, in what Beijing said was a response to “separatist acts,” sending heavily armed warplanes and staging mock attacks as state media denounced newly inaugurated Lai. The May drills were dubbed “Joint Sword — 2024A” and drew concerns from capitals, including Washington. Lai is to deliver a key speech on Thursday in front of the Presidential Office
An aviation jacket patch showing a Formosan black bear punching Winnie the Pooh has become popular overseas, including at an aviation festival held by the Japan Air Self-Defense Force at the Ashiya Airbase yesterday. The patch was designed last year by Taiwanese designer Hsu Fu-yu (徐福佑), who said that it was inspired by Taiwan’s countermeasures against frequent Chinese military aircraft incursions. The badge shows a Formosan black bear holding a Republic of China flag as it punches Winnie the Pooh — a reference to Chinese President Xi Jinping (習近平) — who is dressed in red and is holding a honey pot with
Taiwan was listed in 14th place among the world's wealthiest country in terms of GDP per capita, in the latest rankings released on Monday by Forbes magazine. Taiwan's GDP per capita was US$76,860, which put it at No. 14 on the list of the World's 100 Richest Countries this year, one spot above Hong Kong with US$75,130. The magazine's list of the richest countries in the world is compiled based on GDP per capita data, as estimated by the IMF. However, for a more precise measure of a nation's wealth, the magazine also considers purchasing power parity, which is a metric used to