Categories
Economics & Trade Old Content

Closer industrial cooperation sought

Cross-Straits Forum on Industrial Standards in the Information Industry sees Lou Qinjian, vice minister of China’s Ministry of Industry and Information Technology. seeking closer cooperation between Taiwan and the Mainland.

Lou QinjianLou Qinjian, vice minister of China’s Ministry of Industry and Information Technology, at a conference in Taiwan asked for closer industrial cooperation between Taiwan and the Mainland, calling it beneficial to both sides.

Lou Qinjian said, "The government should leave to the individual businesses to determine whether to tap into the Chinese market." This comes as Taiwan considers whether to relax restrictions on its hi-tech industry to invest in China.
 
Speaking on the first day of the two-day Cross-Straits Forum on Industrial Standards in the Information Industry, Lou said the Mainland  will seek Taiwan’s cooperation on TD-SCDMA (time division synchronous code division multiple access) , flat panel displays, IPTV (Internet protocol television), and green power.
 
TD-SCDMA is a good  example where cooperation might be beneficial. Lou Qinjian said the market needs this technology and cooperation could accelerate the integration of the production chain.
 
As the mastermind behind China’s policy to promote the sales of electrical appliances in rural areas in China, Lou said the success of this policy hinges on China TV manufacturers’ market information and Taiwan TV manufacturers’ technology.
Taiwan News reported Lou arrived in Taiwan  as the head of a 100-strong Chinese delegation composed of industrial leaders and scholars for the forum.
 

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading