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Cross-Straits forum delves into supply-side structural reform

     chinadaily     2017-11-6 8:37:00    

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The 12th Cross-Straits Economic and Trade Cooperation and Development Forum was held in Xiamen, Fujian province on Sept 18 at the 2017 China International Fair for Investment and Trade (CIFIT).


Focusing on advancing the supply-side structural reform and Taiwan businessmen’s role in the reform, the forum invited over 200 guests from industrial and academic circles, and government agencies to give advice on how to seize the opportunities brought by the reform for Taiwan businessmen.


Zheng Kang, deputy director of Bureau of Economics at Taiwan Affairs Office of the State Council, encouraged Taiwan businessmen to settle in Chinese mainland with firm confidence.


He suggested that Taiwan businessmen should follow the policies, upgrade their businesses, increase their investment in the middle and west Chinese mainland, develop new technologies, create new brands, and be good at utilizing Chinese mainland’s capital market.


Li Liangjian, vice-president of I-Shou University, believed that Taiwan businessmen should make some changes in industrial structure. Both new materials and new energy are good choices, which can improve products’ added value.


Li Fei, deputy director of Xiamen University’s Taiwan research center, said cross-Straits enterprises have their own advantages. Taiwan enterprises are skilled in software, management and marketing and Chinese mainland can introduce such talents from Taiwan to promote cross-Straits integration.



Xu Dengwang, president of a Taiwan company, felt confident in Taiwan businessmen’s prospect in Chinese mainland. He said the supply-side structural reform in Chinese mainland can bring a new round of domestic demand growth, which is a golden opportunity for Taiwan businessmen to invest in service industry and create new brands.



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