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Cross-Strait forum on "new economy" held in Beijing

Xinhua, December 6, 2016 Adjust font size:

Xinhuanet.com, the website of Xinhua News Agency, and Taiwan-based Commercial Times jointly organized a cross-Strait forum on the "new economy" on Tuesday.

The forum, supported by Xinhua News Agency and Taiwan-based Want Want China Times Group, focused on the mainland's 13th Five-Year Plan (2016-2020) and opportunities for cross-Strait cooperation in economy and trade.

More than 100 entrepreneurs, representatives of small- and medium-sized companies and experts attended the event, discussing subjects including ways to upgrade industrial cooperation and seize opportunities brought by the "new economy" to strengthen financial cooperation and exchanges.

The "new economy" refers to fostering new growth drivers for overall economic transformation. It includes emerging forms of businesses and industries, such as e-commerce and cloud computing.

While addressing the opening ceremony of the forum, Xinhua President Cai Mingzhao said the mainland is steadily implementing the five-year plan, aiming for sustainable, healthy and stable development of the economy and society by pursuing innovative, coordinated, green, open and shared development and supply-side structural reform.

Rare opportunities have been presented for entrepreneurs and enterprises in Taiwan to make investments and carry out the transformation and upgrading of industries, Cai said, urging entrepreneurs and enterprises on both sides of the Strait to enhance cooperation.

A charity drive to allow 30 university students from Taiwan to visit and intern in Internet firms in Beijing annually starting next year was launched on Tuesday by Xinhuanet.com and Want Want China Times Group, according to Cai.

"Hopefully, the forum will help innovation take root in industries across the Strait, make cooperation a common language spoken by both sides, help Taiwan compatriots share the fruits of the mainland's economic growth, and strengthen cross-Strait cooperation for the rejuvenation of the Chinese nation," Tsai Eng-Meng, chairman of Want Want China Times Group, told the forum.

In his speech, Zhang Zhijun, head of the State Council Taiwan Affairs Office, called for maintaining the peaceful development of cross-Strait relations, thus creating a favorable environment for economic cooperation.

"The key is to adhere to the 1992 Consensus that embodies the one-China principle. Businesses on both sides have promoted and benefited from the peaceful development of cross-Strait relations, and they should also be steadfast in upholding such development," Zhang said.

Zhang also urged stronger cross-Strait cooperation in developing new technologies and fostering new industries, as well as greater efforts to promote exchanges and cooperation between small- and medium-sized enterprises and young people on the two sides. Endi