- CNTV English - CCTV News

Cross-Strait economic & trade office in the works

11-02-2011 15:15 BJT

Watch Video

Play Video

An economic and trade office between the Chinese mainland and Taiwan could be set up as early as the first quarter of 2012. It’s aimed at boosting bilateral ties, and was proposed at the second meeting of the cross-Strait Economic Cooperation Committee, held Tuesday in Hangzhou.

The ECC’s second meeting in the capital of east China’s Zhejiang province, was co-hosted by Zheng Lizhong, vice president of the mainland’s Association for Relations Across the Taiwan Strait, as well as Taiwan’s Strait Exchange Foundation Vice Chairman, Kao Koong-lian.

Zheng reviewed the progress made on bilateral economic and trade ties, since the establishment of the Economic Cooperation Framework Agreement. He proposed the mainland and Taiwan should map out a pattern to benefit both sides.

Kao echoed Zheng’s view, adding that both sides had agreed to set up an economic trade office.

Kao Koong-lian said: "Both sides have reached an agreement on the establishment of an economic and trade office through the ECC platform, to boost trade ties."

Taiwan’s senior economic official, Francis Liang, was the chief representative at the meeting. He expects the office to be set up in the first quarter of 2012. He said: "The office should serve businesses and investments on both sides of the Strait. And we hope qualified applicants will have over five year experience of doing business. We also hope the office will be able to cover businesses across the whole country. We expect it to be set up in the first quarter of next year."

According to a report issued at the second meeting of the ECC, the so-called "early harvest program" worked well in facilitating both goods and service trade, benefiting small- and medium-sized service providers in particular.

The report also highlighted the results of tariff cuts, with duties worth more than 108 million U.S. dollars exempt during the first nine months of the year.


Editor:Zhang Rui |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program