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Taiwan will not rely too much on China post-ECFA: president

Taiwan will not rely too much on China post-ECFA: president

Taipei, July 15 (CNA) President Ma Ying-jeou said Thursday that Taiwan will not rely too much on China in the wake of the recently signed cross-Taiwan Strait trade pact.
The president was responding to questions at the second GIS (Global Initiative Symposium) Taiwan, an international conference organized by National Taiwan University, on how Taiwan will resolve the issue of over-reliance on China as a result of the economic cooperation framework agreement (ECFA) signed with China June 29.
Ma said Taiwanese businesses can promote their exports through the ECFA, as well as getting opportunities to have deeper exchanges with other countries.
He said Taiwan excels in information communication technology. In addition, he went on, the LED industry and green energy technology will become star industries.
"Taiwan's pattern of development is completely different from China's," Ma said.
The president said the government is making efforts to develop its green energy, such as wind power and solar power, to cut its reliance on other nations for energy.
"On the other hand, the influence of culture should not be ignored," Ma said, adding that there is also potential in the sectors of agriculture, cultural creativity, medical care and high-quality tourism.
He noted that while a lot of products might not have been manufactured in Taiwan, the creativity and design of many of them have come from Taiwanese.
"This is soft power, " the president said, adding that it will win respect and support from the international community.
(By Lee Hsien-fong and Lilian Wu)




Updated : 2021-03-01 00:48 GMT+08:00