Quanzhou Taiwan Set Off A Climax Of Cooperation, How Can Shoe Companies Seize ECFA Business Opportunities?

July 14th, a few days ago, the framework agreement on economic cooperation across the Straits.

Low cost industry chain will be gradually improved

According to ECFA, the mainland will implement 539 products originating in Taiwan.

Taiwan will reduce taxes on 267 products originating from the mainland, including four categories, including petrochemical products, machinery products, textile products and other products.

Most people in the industry believe that as one of the important contents of the ECFA signed tax reduction, tax reduction has a great driving effect on the output and input of both sides of the Taiwan Strait.

The short-term economic benefits of Haixi are not significant.

In terms of service trade, the mainland will open wider to 11 service industries, accounting, computers and related services, banking, securities and insurance.

Taiwan will further liberalize 9 service industries, such as aviation computer reservation system and bank.

The agreement not only covered Taiwan's disadvantaged industries, opened up mainland agricultural products and mainland labor personnel, but also reduced taxes on 18 Taiwan agricultural products and parts of Taiwan's traditional industries.

In terms of quantity and trade volume, Taiwan has benefited more from tax reduction products, which not only fully reflects the sincerity and goodwill of the mainland, but also shows the economic benefits of the agreement.

Lin Shengchuan, President of Shishi casual trousers Association, said: "

"Agreement signing is not the key, but the key is execution.

As long as the implementation is good, the economic benefits of Haixi are positive. After all, Hercynian has greater commonality with Taiwan in terms of culture, geography and so on, which is not found in other regions.

The cross-strait economic cooperation and exchanges will be further determined and strengthened through the signing of the agreement, which will largely promote the development of the Haixi economy.

Xu Jingnan said.

"Assuming that ECFA is adopted in Taiwan, its future significance will be far greater than the short-term interest for Hercynian."

Ni Zhongsen stressed that "it is not difficult to see that the list of agreements is more likely to be in Taiwan or in terms of tariffs. In other words, Taiwan is much more benefited than the mainland, so the short-term economic benefits of Haixi are not significant."

Ni Zhongsen added: "but through the signing of the agreement, the" big and small Sunday "will be opened up for the future cross-strait economic development. The regional economy will complement each other, and the Greater China region's economic development capacity will further improve and form a strong position in the world economic development pattern.

Complementary development of the two industries in Quantai

At present, the world has entered the geo economic era.

Since January 1st this year, the "10+1" free trade area between China and ASEAN has officially started, and the vast majority of trade in goods between China and ASEAN has been reduced to zero tariff.

Two years later, "10+3" will be on the road, when Japan and South Korea will also join the free trade area.

But at present, Taiwan is not a member of the Asia Pacific Economic Cooperation, but has not participated in other free trade zones or similar combinations.

Taiwan's exports to the mainland and ASEAN are subject to nearly 10% of the average tariff.

If a free trade agreement can not be concluded with major trading partners, Taiwan will face the threat of marginalization and lose competitiveness in important markets.

In this regard, Ni Zhongsen analysis: "the signing of ECFA, prompted Taiwan to go out through the mainland platform, and the investment environment has been improved.

Take the capital market as an example, Taiwan has limited capital capacity. Through the signing of the agreement, Taiwan funded enterprises and Taiwan enterprises are more likely to enter the mainland and further expand their capital markets. For Hercynian, especially Quanzhou, because of geographical and cultural advantages, they can "Taiwan first step" in introducing patent technology, advanced talents and technical equipment.

Although the benefits are gradual, the complementarity of industrial development is immediate.

Ni Zhongsen thinks: the development of capital market is an important manifestation of complementarity of industrial development, and also the key to the emergence of economic benefits.

The introduction of Taiwan enterprises management mechanism, advanced equipment and patented technology can promote the upgrading of industrial technology in the west coast.

"Before, Quanzhou has made a lot of efforts in the preparations for cross-strait economic cooperation, and the establishment of Taiwan investment zones is one of them."

Zhou Shaoxiong, chairman of the seven wolves company, said: "after the agreement is signed, the docking between the two industries will be faster and more complementarity, so that some of the mainland and Taiwan enterprises are actually taking action to invest. I believe that after this agreement is passed, the tide of cooperation will also rise."

Spring enterprises seize opportunities and broaden investment environment

In the early stage of the ECFA services trade and the opening measures announced, the mainland has made profits for Taiwan's banks, securities futures and insurance industry.

It provides convenience for reducing the threshold and simplifying procedures for the establishment of wholly foreign-owned banks or branches in mainland China, the operation of renminbi businesses and the application of Taiwan securities practitioners in mainland China.

The signing of ECFA is conducive to deepening cross-strait economic cooperation, enhancing the international competitiveness of both sides of the Straits, and facilitating the normalization, institutionalization and liberalization of cross-strait economic relations.

For the Haixi Economic Zone, with the signing of the agreement, the central government will introduce more substantive policies to support the development of the Haixi Economic Zone, including special fund support, preferential policies, tax relief and so on, and the intensity of cross-strait industry complementarity and integration will also increase.

The Haixi Economic Zone will soon usher in a good time to take off again.

Zhou Shaoxiong said: "to grasp business opportunities is the key to win in the starting line. Taiwan has much to learn from. Advanced technology and equipment, advanced management mechanism and advanced talents need to be introduced vigorously. The adoption of the agreement will further promote cross-strait cooperation and docking. For the Haixi enterprises, especially the spring enterprises, they will benefit greatly, and the broadening of the investment environment depends on how the enterprises themselves grasp.

Xu Jingnan stressed: "business opportunities are many, the key is how to seize opportunities.

At this time, enterprises should strive to improve management level, fine industrial development, and strive to cooperate with Taiwan and move towards the world.

Ni Zhongsen analysis: "after the signing of ECFA, investment in cross-strait economic cooperation will tend to be capital investment and business investment.

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