Straits Exchange Foundation (SEF) Chairman Lin Join-sane (林中森) yesterday said a planned cross-strait service trade agreement will contribute to the modernization of the service industry and create jobs on both sides of the Taiwan Strait.
Lin made the remarks at a welcoming ceremony held after his arrival at the Dongjiao State Guest Hotel in Shanghai ahead of a new round of high-level cross-strait talks today.
Lin was greeted at the hotel by Association for Relations Across the Taiwan Straits (ARATS) Chairman Chen Deming (陳德銘).
Photo: CNA
“It feels like an encounter between old friends even though we have never met before,” Lin said when he first set eyes on Chen.
Today’s meeting will be the ninth round of high-level talks between the foundation and ARATS since June 2008.
On the agenda is the signing of a service trade agreement to further expand cross-strait markets. The agreement will be a major follow-up to the Economic Cooperation Framework Agreement (ECFA) signed in 2010.
Lin said the service industry contributed more to China’s annual GDP than its manufacturing sector for the first time in the first quarter of this year, while the service sector already accounts for 72 percent of Taiwan’s GDP.
However, the service sector ratios of Taiwan and China are low in comparison with those of advanced countries, he said.
“Therefore, there is still ample room for the service sectors on both sides to grow,” Lin said, adding that he is convinced the new pact will help speed up service industry modernization and create more jobs and business opportunities in both Taiwan and China.
Chen said the new accord would be an important milestone in ECFA implementation.
In the face of mounting global financial and economic challenges and competition, the two sides of the Strait should cooperate closely to upgrade their competitiveness and avoid being marginalized, he said.
The two sides will also review how previous cross-strait agreements have been implemented and draw up an agenda for the next round of high-level talks, Lin said.
Topics include cooperation in tax and avoidance of double taxation, meteorological studies, seismic monitoring and natural disaster prevention.
Lin’s delegation includes foundation Vice Chairman and Secretary-General Kao Koong-lian (高孔廉), Mainland Affairs Council Vice Chairman Chang Hsien-yao (張顯耀) and Vice Minister of Economic Affairs Cho Shih-chao (卓士昭).
The coast guard drove away 567 Chinese boats and seized seven illegally operating in Taiwanese waters in the first six months of this year, the Coast Guard Administration (CGA) said yesterday. They mostly operated near Kinmen and Penghu counties, resulting in fines totaling NT$1.7 million (US$52,440), it said. Three ships — two near Kinmen County and one near Penghu County — were detained in January for illegally crossing the border, while one ship each was detained near Kinmen in February and Penghu in March respectively, it said. The ship seized near Penghu in January was the Yun Ao (雲澳), detained by the CGA’s
The entire Alishan Forest Railway line is to reopen for the first time in 15 years on Saturday, with tickets to go on sale at 2pm today. The historic railway from Chiayi to Alishan (阿里山) is finally set to reopen after the completion of the final No. 42 tunnel, Alishan Forest Railway and Cultural Heritage Office Deputy Director-General Chou Heng-kai (周恆凱) said. It is to run on a new timetable, with four trains daily, he said. The 9am train is to depart from Chiayi Railway Station bound for Shizilu Station (十字路), while the 10am train departing from Chiayi is to go all the
FLU CONTINUES: Hospitals reported 101,091 visits for flu-like illnesses last week, while 68 severe cases and 16 flu-related deaths were also reported, the CDC said The Centers for Disease Control (CDC) yesterday reported 932 hospitalizations due to COVID-19 and 64 related deaths for last week, adding that the number of people who had contracted new SARS-CoV-2 subvariants KP.2 and LB.1 has increased. The number of people hospitalized due to COVID-19 increased from 815 in the previous week to 932 last week, while 90 percent of the 64 deceased were aged 65 or older, CDC physician Lin Yung-ching (林詠青) said. JN.1 was still the dominant variant among local and imported cases in the past four weeks, while KP.2 was the second-most common, Lin said. Cases with the LB.1 subvariant
Beijing’s recent provocative actions against the Philippines in the South China Sea were partly meant as a “dress rehearsal” for the invasion of Taiwan, former US deputy national security advisor Matt Pottinger said at a Heritage Foundation forum in Washington on Tuesday. Beijing’s blocking of a Philippine resupply mission on June 17 with unprecedented violence had multiple implications. “What they’re doing is trying to demonstrate that they can blockade, create a sense of futility and discredit the idea that the United States is going to help not only the Philippines, but by extension Taiwan,” Pottinger said. Pottinger was referring to a clash