Sunday 27 October 2013

Top advisor urges economic focus for developing mainland-Taiwan relations

China's top political advisor, Yu Zhengsheng, on Saturday called for deepening mainland-Taiwan economic cooperation in order to further improve cross-Strait ties and reinvigorate the Chinese nation.
Economic cooperation should remain a focus in the development of cross-Strait relations, said Yu, chairman of the National Committee of the Chinese People's Political Consultative Conference, at the opening ceremony for the 9th Cross-Strait Economic, Trade and Culture Forum, which kicked off in the south China city of Nanning.
Yu said strengthened cross-Strait economic exchange is an inevitable choice for the two sides in the face of a complicated global economic situation.
He proposed more high-level dialogues on economics across the Strait and strengthening communication in economic policymaking to boost capabilities for resisting financial risk from the outside world.
Yu urged both sides to accelerate ongoing negotiations for a "good" trade agreement and a dispute settlement agreement as well as follow-up negotiations for the milestone Economic Cooperation Framework Agreement.
He also urged enacting and implementing agreements signed by the two sides.
Yu, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said the mainland and Taiwan should enhance industrial cooperation and expand mutual investment.
"Both sides should broaden the scope of mutual investment and get rid of obstacles that stand in the way of capital flow," Yu said.
Source: Xinhua

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