The Ministry of Commerce gives four suggestions on cross-strait industrial cooperation.

On September 8, during the 16th China International Investment and Trade Fair, the Ministry of Commerce and the Taiwan Affairs Office jointly organized the 7th Cross-Strait Economic and Trade Cooperation and Development Forum in Xiamen.

According to Jiang Yaoping, Vice Minister of Commerce, in 2011, the total cross-strait trade reached 160 billion U.S. dollars, and the proportion of processing trade in cross-strait trade fell from nearly 70% at the highest level to 53.3%. Taiwanese investment continued to deepen, and land investment into the island became more frequent. As of the end of June 2012, the mainland had approved 87,000 Taiwan-funded projects, actually using US$55.8 billion, and 126 mainland companies have established companies or representatives in Taiwan. mechanism.

Cross-strait industrial cooperation has been steadily advanced, and LED lighting, LCD panels, electric vehicles, wireless cities, and cold chain logistics have been identified as key pilot projects. The pilot cities have been selected and the next development plan has been drawn up. Cross-strait financial cooperation has gradually broken through and the number of beneficiaries has increased. At present, the mainland has approved 10 Taiwan-funded banks to set up mainland branches, and four banks in the mainland have been allowed to set up branches or representative offices in Taiwan.

Jiang Yaoping proposed four suggestions for further deepening cross-strait cooperation: First, step by step, continue to promote the negotiation of the Follow-up Agreement on the Cross-Strait Economic Cooperation Framework Agreement (ECFA), and promote cross-strait trade in goods and services to further open to each other; second, cross-strait The signing of the insurance agreement is an opportunity to actively promote two-way investment cooperation; the third is to focus on the long-term and accelerate the cross-strait industrial cooperation; the fourth is to pragmatically promote and actively assist the mainland Taiwan-funded enterprises to transform and upgrade. Jiang Yaoping said that the mainland will actively guide Taiwan-funded enterprises to rationally carry out industrial transfer according to the development plan of the mainland and the characteristics of industrial development in various regions; assist Taiwan-funded enterprises to use the mainland to expand the domestic demand strategy and actively expand the domestic demand market; comprehensive utilization of credit and industry Such support policies encourage Taiwan-funded enterprises to intensify scientific and technological innovation, increase the added value of products, and accelerate the pace of upgrading.

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