Economic development should transcend party lines and political ideology, and Taiwan should transform itself into a “value-added island” to increase its global competitiveness, former vice president Vincent Siew (蕭萬長) said yesterday.
Siew — who served as vice president between 2008 and this year under Ma Ying-jeou’s (馬英九) Chinese Nationalist Party (KMT) administration, spoke about Taiwan’s economic policy in front of dozens of Democratic Progressive Party (DPP) members, including former DPP chairperson Tsai Ing-wen (蔡英文).
In a 90-minute speech delivered at the office of Tsai’s Thinking Taiwan Foundation, the veteran KMT official — who is known for his economic expertise — said he envisioned Taiwan as a country that thrives on value-added service.
Photo: Wang Min-wei, Taipei Times
Throughout his 40-year career as a public servant, Siew said, he has always taken pride in being someone who promoted inter-party collaboration.
However, the KMT official and his DPP counterparts appeared to differ on their views of cross-strait economics.
Thinking Taiwan Foundation executive director Lin Chuan (林全) said the former vice president had argued that the Economic Cooperation Framework Agreement (ECFA) — which Taiwan signed with China in 2009 — had brought Taiwan more benefits than losses and had created opportunities for the nation.
Asked about the poor economic performance of the incumbent Ma administration, Siew was reluctant to offer criticism and said the slow economy had more to do with the “global situation.”
“While most people would have no problem with Siew’s vision, I feel that the DPP and the KMT have fundamental differences in their views on cross-strait trade and the economy,” said a DPP member at the speech, who wished to remain anonymous.
COLLABORATION: As TSMC is building an advanced wafer fab in Dresden, Germany, it needs to build a comprehensive supply chain in Europe, Joseph Wu said Taiwan is planning to team up with the Czech Republic to build a semiconductor cluster in the European country, National Security Council Secretary-General Joseph Wu (吳釗燮) said on Friday. Wu, who led a Taiwanese delegation at the annual GLOBSEC Forum held in Prague from Friday to today, said in a news conference that Taiwan seeks to foster cooperation between Taiwan Semiconductor Manufacturing Co (TSMC) and its counterparts in Czechia. Such cooperation is expected to transform the country into one of the most important semiconductor clusters in Europe over the next three to five years, he added. As TSMC is building an advanced
A joint declaration by Pacific leaders was reissued yesterday morning with mentions of Taiwan removed after China slammed an earlier version as a “mistake” that “must be corrected.” After five days of talks in Tonga, a “cleared” communique was released on Friday that reaffirmed a 30-year-old agreement allowing Taiwan to take part in the Pacific Islands Forum (PIF). However, the wording immediately raised the ire of Chinese diplomats, who piled pressure on Pacific leaders to amend the document. The forum reissued the communique without explanation yesterday morning, conspicuously deleting the paragraph concerning the bloc’s “relations with Taiwan.” “It must be a
A tropical depression in waters east of the Philippines could develop into a tropical storm as soon as today and bring rainfall as it approaches, the Central Weather Administration (CWA) said yesterday, while issuing heat warnings for 14 cities and counties. Weather model simulations show that there are still considerable differences in the path that the tropical depression is projected to take. It might pass through the Bashi Channel to the South China Sea or turn northeast and move toward the sea south of Japan, CWA forecaster Yeh Chih-chun (葉致均) said, adding that the uncertainty of its movement is still high,
TAIWANESE INNOVATION: The ‘Seawool’ fabric generates about NT$200m a year, with the bulk of it sourced by clothing brands operating in Europe and the US Growing up on Taiwan’s west coast where mollusk farming is popular, Eddie Wang saw discarded oyster shells transformed from waste to function — a memory that inspired him to create a unique and environmentally friendly fabric called “Seawool.” Wang remembered that residents of his seaside hometown of Yunlin County used discarded oyster shells that littered the streets during the harvest as insulation for their homes. “They burned the shells and painted the residue on the walls. The houses then became warm in the winter and cool in the summer,” the 42-year-old said at his factory in Tainan. “So I was