Mainland, Taiwan endeavor to combat financial crisis together

0 CommentsPrint E-mail Xinhua, April 11, 2010
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A Chinese mainland official said Saturday that the mainland and Taiwan had drawn "important inspiration" from jointly combating financial crisis.

State Council Taiwan Affairs Office Director Wang Yi made the remarks while hosting a reception party for the Taiwan delegation to the Boao Forum for Asia (BFA), led by Fredrick Chien, chief advisor of Taiwan's Cross-Straits Common Market Foundation.

"The economy on both sides is interdependent with each other," Wang said, adding that the mainland is Taiwan's largest and most important trade partner and Taiwan is also one of the mainland's major investment sources.

"The economy of both sides is mutually supplementary," he said. Taiwan's successful practice can still be learned by the mainland, and the energetic economy of the mainland will constantly inject vigor into Taiwan's economy, he said.

He said it is right time for the mainland and Taiwan to strengthen cooperation in new industries such as energy saving and environmental protection, as well as the green and low-carbon industry which has become a new growth point of the world economy.

"Fundamentally, the cross-Strait economic cooperation is originated from the same bond and the two sides share the same passion for the nation, which has already transcended ordinary business partnership and pure interest swap," he said.

"Only because of this (same origin) can we stand in the other's shoes and wholeheartedly offer a helping hand when one encounters difficulties," Wang said.

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