Cross-strait relations at its best in 60 years: SEF

By Megan van Vegten, Special to The China Post

TAIPEI, Taiwan — From a macro point of view, current cross-strait relations are at their best in 60 years, said Straits Exchange Foundation (SEF, �����|) Chairman Lin Join-sane (�L����) yesterday.

Taiwan has a strong development of small- and medium-sized enterprises (SMEs) with good achievements and experiences. It is advantageous for both sides to observe one another and exchange information, SEF said.

��Innovation and development, cooperation and win-win�� was the theme of the Cross-Strait CEO Summit (�⩤���p���~�зs�o�i�׾�) held yesterday morning at The Grand Hotel. Participants included Lin Join-sane, Yu Hsiao-ming (�_����), the vice governor of Shandong Province in China, Lin Po-feng (�L�B��), the chairman of the Commerce and Industry Association, Kuo Tai-chiang (���x�j), the chairman of the electrical and electronic manufacturers’ association, and other representatives. The goal was to gather business and wisdom from both sides in order to deepen the cooperation between the two sides of the strait.

As of May this year, there are about 5,500 Taiwan-funded enterprises in Shandong, with Taiwanese businesses investing over US$234 billion. There are a total of 1.14 million SMEs in Shandong province. The added value in the industry sector accounted for more than 60 percent, while 90 percent accounted for new jobs in the province.

Shandong-Taiwan SMEs should strengthen in marketing, brand building, technology innovation, management and personnel training. These five aspects should intensify the cooperation between the two sides of the strait in three to five years’ time. This will help to achieve successful integration and development of SMEs and provide mutual benefits, Yu said.

There are five measures to adopt that will slightly strengthen the Shandong-Taiwan trading relations, namely making key investment fields available to Taiwan, continuing with implementing preferential policies for Taiwan, reducing market access barriers, improving the business environment and registering a capital paid-in system instead of a subscription system, Yu stressed. The current cross-strait relations is at its best in 60 years. Taiwan is a pluralistic society and the public has the freedome to express different opinions. The government should be communicative and tolerant. Even though the process is generally hard work, but the final decision would be in line with the expectations of the public. Taiwan has been internationally successful in recent years, Lin pointed out. As long as the two straits work together in order to integrate each other’s wisdom and capabilities into a global economy, we can overcome globalization, Lin said.