The China Post news staff
The China Post news staff–Former Vice President Lien Chan will exchange views with leaders of General Electric (GE), Wal-mart, and other enterprises at the Asia-Pacific Economic Cooperation’s (APEC) leadership summit, in his capacity as a speaker at a panel discussion on the question of global supply chains.
Before Lien, only former Academia Sinica president Lee Yuan-tseh (李遠哲) has been an APEC panel speaker. He was given the role when Mexico hosted the summit in 2002. Lien was invited to be a panel speaker largely because of Taiwan’s impressive performance over the past years, according to the former vice president, who added that, in such a role, he could discuss the problems plaguing the global supply chains, and questions as to which problems should be thought over and dealt with in a far-sighted manner.
Topics for discussion at the panel meeting can include the role of Taiwan in the global supply chains, Lien, now an honorary chairman of the ruling Kuomintang (KMT), told reporters.
Chinese Taipei, as an economy, plays a crucial role in certain industries in the Asia-Pacific region and in the world at large, he said, using the term for Taiwan often applied in international contexts. From the perspective of the world market, many Taiwan products, including its semiconductor products, are the world’s best or front-runners, Lien said. As such, the country’s problems with global supply chains could generate worldwide ramifications, as in the case of Japan, where natural disasters have led to many supply chain problems.
This shows despite its small size, Taiwan is an influential power in the industrial and high-tech realms, he asserted.
According to economic officials in Taipei, Lien’s role as a panel speaker is highly significant, as it shows Taiwan’s importance to the IT industry’s supply chains, especially when smart phones and computers designed in the United States by such IT giants as Apple Inc., and Hewlett-Packard are actually manufactured in Asia.