'Joint effort needed to combat crisis'

09-04-11 09:28　source: China Daily

Taiwanese businessman Zhang Yingbin (left) promotes Taiwan-made textile products at the 13th China Xiamen Machinery and Electronics Exhibition. Zhang Guojun

The mainland and Taiwan need to strengthen economic cooperation more than ever and jointly cope with the global financial crisis, said Zheng Lizhong, vice-minister of the State Council Taiwan Affairs Office."Both sides need to enhance trade and industrial cooperation to create a win-win situation," he said at the 13th China Xiamen Machinery and Electronics Exhibition (CXMEE)opened in Xiamen on Wednesday.The 13th CXMEE consists of 1,970 stalls.Liu Meikun, vice-director of the CXMEE Organizing Committee, said that the mainland and Taiwan are working on a "comprehensive economic cooperation agreement", which will lead to the establishment of a special economic cooperation mechanism across the Taiwan Straits.China Daily(China Daily 04/10/2009 page14)