Senior Chinese officials have responded with goodwill on several major issues of concern to Taiwan such as easier financing for Taiwanese companies in China, Straits Exchange Foundation (SEF) Chairman Lin Join-sane (林中森) said late on Sunday.
Upon his return from his maiden visit to China, Lin said that while meeting with Chinese officials, he had repeatedly called for more assistance for China-based Taiwanese companies.
“During my first-ever visit to China, I met with many Taiwanese businesspeople operating there. A number of them face bottlenecks in technological upgrading, risk control, financing, branding and transforming manufacturing operations into service business,” Lin said.
While some of them looked forward to Taiwanese government’s help, many said they needed Chinese authorities’ assistance to overcome their difficulties, Lin said.
“I have conveyed their requests and opinions to Chinese officials I met over the past few days,” Lin said, adding that the SEF would also continue tracking relevant developments through dialogue with its Chinese counterpart, the Association for Relations Across the Taiwan Straits (ARATS).
On the proposal of SEF and ARATS — the two quasi-official cross-strait intermediary bodies — setting up representative offices in each other’s territories, Lin said that Chinese officials agreed with his view that a plan of approach should be outlined to realize the goal as soon as possible.
Chinese authorities promised to continue expanding cross-strait tourism exchanges and to allow more Chinese citizens to make free independent trips to Taiwan, Lin said.
Both sides agreed to cooperate in encouraging Chinese students to study at Taiwan’s science and technology colleges, Lin said.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
If China chose to invade Taiwan tomorrow, it would only have to sever three undersea fiber-optic cable clusters to cause a data blackout, Jason Hsu (許毓仁), a senior fellow at the Hudson Institute and former Chinese Nationalist Party (KMT) legislator, told a US security panel yesterday. In a Taiwan contingency, cable disruption would be one of the earliest preinvasion actions and the signal that escalation had begun, he said, adding that Taiwan’s current cable repair capabilities are insufficient. The US-China Economic and Security Review Commission (USCC) yesterday held a hearing on US-China Competition Under the Sea, with Hsu speaking on