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Joint Opinion of the SEF and the ARATS on Strengthening Cross-Strait Industrial Cooperation

  • Date:2011-10-12

Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung and Association for Relations Across the Taiwan Straits (ARATS) Chairman Chen Yunlin held a meeting in Tianjin on the morning of October 20, 2011. During the meeting, the two sides exchanged views on cross-strait industrial cooperation affairs and reached consensus on the prospects, objectives, and initial areas of cooperation. The content of the consensus reached is as follows:

The two sides agreed that the cooperation prospects would be to further improve the cross-strait investment environment, develop complementary industry strengths, study the arrangements of industrial cooperation between the two sides, expand the scope of industrial cooperation, upgrade the level of industrial cooperation, enhance the innovation ability of cross-strait cooperation, develop self-owned brands, promote cross-strait industrial transformation and upgrading, jointly foster new strengths and competitive abilities of enterprises on the two sides for engagement in international competition and cooperation, and promote cross-strait economic prosperity.

The two sides stated that they would actively promote cooperation on major items, coordinate to resolve problems emerging in the course of cooperation, promote the development of small and medium enterprises, and increase employment opportunities for people on the two sides.

The two sides selected LED lighting, wireless cities, low temperature logistics, TFT-LCD displays, and electric vehicles as the items for early stage collaboration. They will also continue to prioritize the selection of cooperation items in focal development industries on the two sides.

The two sides further agreed to regularly hold a cross-strait industrial cooperation forum to assist the promotion of industrial cooperation and achieve the outcomes of building consensus, strengthening exchanges, and deepening cooperation.

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