Brilliant Prospects for Cross-Strait Cooperation in Machinery & Electronics Sectors

02-04-13 11:04　source:

　　----- Chang Xiaocun, Head of the Department of Machinery & Electronics, Ministry of Foreign Trade & Economic Cooperation

At the 2002 Forum on Cross-Strait Cooperation in Machinery & Electronics Sectors held yesterday, Chang Xiaocun, Head of the Department of Machinery & Electronics, Ministry of Foreign Trade & Economic Cooperation, delivered a speech entitled “Brilliant Prospects for Cross-Strait Cooperation in Machinery & Electronics Sectors”.

In his speech, Mr. Chang said that during the first few months of this year, cross-strait trade exchanges of mechanical and electronic products had showed a strong momentum, which bode well for a fruitful year and better results of this CXMEE.

Mr. Chang was optimistic that with the rapid development of the information industry on both sides of the Taiwan Strait, business communities of both mainland and Taiwan enjoyed bright prospects in strengthening cooperation of high-tech products. The structures of the commodity trades on both sides of the Strait have exhibited a stronger degree of complementariness. Mainland’s highly competitive manufacturing capabilities and production costs, combined with Taiwan’s R&D technologies and distribution networks, will make the cluster of information industries on both sides of the Strait a formidable player in the global arena of high-tech products. This is the driving force behind the close cooperation of the two sides in penetrating the international market.

A number of Taiwan’s traditional mechanical and electronic productions have move to the mainland to tap local resources, reduce procurement and production costs and improve product innovation. Such a move has not only injected new vitality in Taiwan’s traditional manufacturing enterprises, but also provided Taiwanese consumers with a wider selection of inexpensive quality products. In Xiamen, Fuzhou, Dongguan, Shanghai and Suzhou, a significant number of Taiwanese businesses have invested in sectors such as computer hardware, communication equipment, chips, home appliances, automobiles, motorcycles, machinery building, and chemicals. These investments are large in size and advanced in technologies, and are showing increasingly evident benefits of sector groups.

Xiamen is among the first cities to open economic and trade exchanges with Taiwan and has attracted a huge concentration of booming Taiwan-invested businesses. The intensive economic and trade exchanges and cooperation have also had a stimulating effect on the continued interactions between Taiwanese-invested enterprises and the Mainland China. The CXMEE, as a platform for cross-strait economic and trade exchanges, will play an increasingly significant role in the cross-strait trade of mechanical and electronic products.