Countdown to cross-Strait deal
Source: Xinhua/Shanghai Daily |
June 28, 2010, Monday
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Print Edition
Print Edition
A DELEGATION led by Taiwan's Strait Exchange Foundation Chairman Chiang Pin-kung arrives in Chongqing today for the fifth round of talks with the mainland's Association for Relations Across the Taiwan Strait.
The talks will be held tomorrow, with the much-anticipated Economic Cooperation Framework Agreement and an agreement on intellectual property protection likely to be signed.
Chiang told a news conference in Taipei yesterday that the signing of the agreement would profoundly influence Taiwan's economy, particularly in trade and investment, as well as the development of relations between Taiwan and the Chinese mainland.
He also said the island hopes to sign an agreement later this year to protect the interests of Taiwan-based businesses on the mainland as labor costs rise.
The concerns of some Taiwan businesses on the mainland has been highlighted by problems at Foxconn Technology Group, the electronics manufacturer which makes products for many leading companies.
The Taipei-based company raised the wages of its mainland workers twice after a string of suicides at its complex in the southern Chinese city of Shenzhen.
Chiang said that the island government is seeking to sign an agreement with the mainland officials offering Taiwan companies better operating conditions on the mainland.
"Taiwan companies on the mainland are now struggling with various problems, and these issues include a stronger yuan rising wages for workers, a shortage of labor, and the consequences of the Foxconn incident," Chiang said.
The talks will be held tomorrow, with the much-anticipated Economic Cooperation Framework Agreement and an agreement on intellectual property protection likely to be signed.
Chiang told a news conference in Taipei yesterday that the signing of the agreement would profoundly influence Taiwan's economy, particularly in trade and investment, as well as the development of relations between Taiwan and the Chinese mainland.
He also said the island hopes to sign an agreement later this year to protect the interests of Taiwan-based businesses on the mainland as labor costs rise.
The concerns of some Taiwan businesses on the mainland has been highlighted by problems at Foxconn Technology Group, the electronics manufacturer which makes products for many leading companies.
The Taipei-based company raised the wages of its mainland workers twice after a string of suicides at its complex in the southern Chinese city of Shenzhen.
Chiang said that the island government is seeking to sign an agreement with the mainland officials offering Taiwan companies better operating conditions on the mainland.
"Taiwan companies on the mainland are now struggling with various problems, and these issues include a stronger yuan rising wages for workers, a shortage of labor, and the consequences of the Foxconn incident," Chiang said.
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