Mainland official calls for cross-Strait joint efforts to weather financial crisis
15/10/2008 17:28
The Chinese mainland and Taiwan should step up cooperation to cope with
the worsening global financial crisis, a mainland official said today. The
State Council Taiwan Affairs Office would encourage and promote financial
circles on both sides of the Taiwan Strait to cooperate more, share experience
and work together, office spokesman Yang Yi said. He expressed confidence
that with concerted wisdom and strength of both sides, the difficulties would be
overcome and the economies would prosper. Some Taiwan-invested businesses on
the mainland, mostly labor intensive, small and medium-sized, export-oriented
companies, were facing pressures due to the global financial instability, he
said. The concerned departments on the mainland recognized their difficulties
and was taking active measures to support them, Yang said. These included tax
refunds on some textile and garment exports, helping with industrial upgrading
or transfers, he said. The government promised more measures to help businesses
develop on the mainland.
Xinhua
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